Sentences with phrase «ordinary level»

The premiums, the death benefit, and the minimum cash surrender value schedule are initially fixed in ordinary level premium whole life policies.
In contrast, ordinary levels of the stimulus are no longer interesting.
Lifetime guaranteed term insurance, also known as guaranteed universal life, differs from ordinary level term life in that premiums are guaranteed not to increase.
Can be used for ordinary level students and can easily be supplemented for higher level students.
Most ordinary level premium life insurance policies have no explicit surrender charges.
There are many types of whole life policies, but the oldest and still the most common type of whole life policy is ordinary level premium whole life insurance, or simply ordinary life.
However, when actual FEGLI rates are compared with ordinary level term life insurance, in most cases, term life insurance is a far better choice.
However, because the level of dividend payments on participating ordinary level premium life insurance is a critical element of the overall cost of the protection, one primary area of focus should be how the company determines the dividends it pays.
General Certificate of Education Ordinary Level examinations (O Levels) had existed since the early 1950s, but were only available in grammar schools and private schools, and as such were only taken by the top 20 per cent of the school population by academic ability.
Complete vocabulary booklet for ordinary level senior students.
Tablets have always been pegged as one of the best devices for personal entertainment, but it's surprising how many of these offer just ordinary levels of sound quality.
One can view ordinary level premium whole life mathematically (but not legally) as a combination of decreasing term insurance and increasing «savings fund.»
The real life examples above clearly show that based on price alone individual ordinary level term life insurance is superior to the AICPA group term life plan.
Once again, the types of changes that would jeopardize favorable MEC status are unlikely to arise with ordinary level premium whole life policies.
Reason No. 1: Adjustable life is indicated whenever insureds need or desire greater flexibility over time in life insurance coverage, need or want guaranteed protection, and prefer the forced savings feature of ordinary level premium whole life insurance.
Whitehead's conceptuality, in Abe's view, remains at the ordinary level.
The Old Testament certainly contains abundant illustrations of national actions that fall below the ordinary level of individual morality.
After her primary education, she attended Girls» Secondary School, Onitsha, where she obtained the West African School Certificate (Ordinary Level).
While champion points are deactivated in the battlegrounds, ordinary levels and equipment stats played a huge effect, so almost every game found a team hindered with a low - level player unable to do much at all.
I have been teaching long enough to have taught the Ordinary Level GCE and my last examination group was filled with sparky sixteen year olds who loved Shakespeare.
Nevada Baylor, who possesses only an ordinary level of magic, is hired to bring down a supremely powerful man who's gone rogue, and must join forces with Mad Rogan to do so.
Ordinary level premium whole life insurance has level premium payments for the duration of the policy, typically until age 100.
While champion points are deactivated in the battlegrounds, ordinary levels and equipment stats played a huge effect, so almost every game found a team hindered with a low - level player unable to do much at all.
The examples above clearly indicated the huge price discrepancies between the Federal Employee's Group Life Insurance program (Option B Coverage) and ordinary level term life insurance.
When referring to your typical «Whole Life» it is typically referred to an ordinary level premium whole life instead of the other types of life long policies.
If you are in good (preferred) health and over age 45, ordinary level term life is more cost effective when comparing total outlays over any 10 year period.
The items below identify some of the pros and cons of the AICPA life insurance plan when compared to ordinary level term life coverage.
Ordinary level premium whole life insurance has level premium payments for the duration of the policy, typically until age 100.
As a life insurance rider within your policy, having the conversion option in place enables you to convert your ordinary level term life policy into a permanent life insurance option during the coverage.
It is essentially a hybrid combination of universal life and ordinary level premium participating life insurance.
In contrast with ordinary level premium, level death benefit policies and similar to universal life, adjustable life insurance gives the policyowner the flexibility to change the plan of insurance.
Advantage No. 2: Similar to ordinary level premium whole life policies, once a policyowner has chosen a premium payment plan, the policy has an element of forced saving until the policyowner requests a change in the premium payment plan.
In addition to the bundled nature of its policy elements, adjustable life has all the usual features of ordinary level premium whole life insurance including:
In contrast with UL and similar to ordinary level premium policies, once a policyowner has selected a given plan of insurance, the policyowner must pay premiums as scheduled unless the policyowner notifies the insurer of his or her desire to change the plan of insurance.
Under this option, the policyowner is essentially converting what is an ordinary level premium whole life policy into a form of increasing premium limited pay policy.
If the term «whole life» is used alone, it is generally accepted that the reference is to ordinary level premium whole life as opposed to any other type of lifelong policy.
Consequently, ordinary level premium whole life policies build reserves to pay the future excess mortality costs and to serve as the basis for determining the policyowner's cash surrender values.
The ledger statement or policy illustration in the figure below is for a traditional, ordinary level premium whole life policy that is configured to operate like a 20 - pay life policy.
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