Sentences with phrase «ordinary whole life plan»
An indeterminate premium whole life policy is similar to ordinary whole life plan of insurance except that it provides for adjustable premiums.
https://www.dfs.ny.gov/
Since the premiums are paid over a shorter span of time, the premium payments will be higher than under the ordinary whole life plan.
Not exact matches
It has Home Service, Ordinary Insurance (Universal Life, Term, and Whole Life), Pre-need, Final Expense, and Senior Plans.
Its products include Home Service, Ordinary (Universal Life, Term, Whole Life), Pre-need, Final Expense, and Senior Plans.
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.