Sentences with phrase «other life insurance needs»

Conduct policy owner review sessions to deepen client relationship, review clients other life insurance needs and cross sell company products

While this is true to a certain extent, other life insurance needs will arise as their net worth increases.

Not exact matches

Long - term care insurance, which covers expenses like nursing home care, at - home nursing care and other late - life needs, is fast becoming too costly for many retirees to afford, according to a recent study from LifePlans, an industry research firm.

Other times, a review of the total of a client's insurance needs can be performed — to determine whether a client sufficient (or excess) life insurance, disability insurance, liability coverage or the right type of medical insurance for themselves and their family.

We believe that our named executives» compensation program, including competitive annual and long - term incentive pay along with comprehensive team member retirement, health care, disability, group life insurance plans, and other welfare benefits offered to team members, provides adequate reward to our executives without the need for significant additional perquisites.

In addition, term life insurance policies are cheaper than other forms of insurance, so they're usually the best choice if you need a particularly large amount of coverage.

On the other hand, we read that the average couple will need $ 600,000.00 plus to pay their out - of - pocket medical expenses to get them to the end of their lives (after MediCare and other insurance has paid).

The older we get the more we realize we need BOTH Health Insurance and Life Insurance and would forego other things to have it.

When my wife and I opened our business, she told us we each needed to have enough life insurance to pay off our house and be completely non-functional for a year if the other one died.

If you are teaching full - time as a profession and as a main source of income, then the number of classes you should be teaching is directly related to how much revenue you need to bring in, in order to cover your living costs, savings and other line items (like retirement savings and insurance).

In setting your initial withdrawal rate, you'll also want to consider how much of your expenses you can cover from Social Security and any pensions, what other resources you have to draw on (home equity, income from an annuity, cash value life insurance, income from a part - time job) and how much of your retirement spending goes to essential expenses that you would have a hard time trimming vs. discretionary items that leave you with a lot more leeway cutting back should you need to in the future.

Having the added security of mortgage life insurance means that neither your family or estate will need to use funds from any other life insurance plan to pay your mortgage.

I currently have Life insurance for myself and my wife through an Insurance company other than LIC so do not need iinsurance for myself and my wife through an Insurance company other than LIC so do not need iInsurance company other than LIC so do not need insuranceinsurance.

You might need term life, whole life, universal life or some other life insurance policy to fit your needs.

While you may need less life insurance than someone with a family to support, you'll still have funeral expenses and might leave behind other debts you'd like to see paid off.

Unlike other loans, you don't need to qualify to borrow against your life insurance policy.

When you plan for life's uncertainties by having a life insurance policy, you provide your family the opportunity to help replace lost income, eliminate debt, pay for college, keep a business afloat, protect family wealth, or address other financial needs and goals while they adjust to a new life.

For many retirees a stock stake in the range of 40 % to 60 % in the initial stage of retirement makes sense, although what's right for you will depend on such factors as your risk tolerance, the size of your nest egg, how much income you need to draw from it and what other resources (a pension, cash value life insurance, whatever) you have to fall back on.

Savings, salary, or payouts from other life insurance may be used for other important things, giving your family financial freedom when they need it most.

No matter what type of life insurance policy you choose, the basic goal is to help your loved pay for their immediate financial needs and other costs in the event of your death.

Because we advocate using permanent life insurance for tax advantaged cash value accumulation through paid up additions AND other approaches, we suggest that convertible term will allow you increase your base of permanent life insurance as your needs and budget increase.

In addition, term life insurance policies are cheaper than other forms of insurance, so they're usually the best choice if you need a particularly large amount of coverage.

If you live off - campus, though, you'll need renters insurance like any other renter.

They may approach investing with the conviction of a recent convert, saving and investing as much money as they can, even to the point of neglecting other needs, such as putting life insurance before investing.

Young, healthy individuals with families typically need enough life insurance coverage to pay off a home mortgage and other outstanding debt and provide some income replacement for their spouse and children.

When going through bankruptcy you are only entitled to keep certain properties: A single vehicle up to a certain value, necessary clothing, tools you strictly need for your job, small personal belongings up to a certain value, insurance up to a certain value too, the property where you live, part of your earned (yet unpaid) wages, social benefits, necessary house appliances and other home equipment, etc..

For example, if you are cashing in your policy for short term financial needs and will be left without life insurance, it may be best to look for other ways to increase your cash flow.

Another difference — other than the cost — between term and permanent life insurance is how much coverage you typically need.

On the other hand, to find out that cash value life insurance is an asset, one only needs to refer to the balance sheets of major banks and corporations and scroll down to the column labelled «life insurance assets» to discover that this cash value life insurance is a major part of the value on the balance sheet of the company.

The other goal of your life insurance policy is to help replace your salary for those that rely on that paycheck for basic needs.

How can you get the information you need and make the right decision about life insurance for you and your family or other beneficiaries?

On the other hand, students living off - campus will likely need to enroll in their own renters insurance policy to protect their belongings.

(There is one other situation where you might need life insurance even if your family doesn't need the income you provide and that's if you are subject to estate taxes.

Using these tools and educating yourself on the workings of life insurance and other financial products can help you feel more comfortable when discussing your needs with such professionals as your New York Life aglife insurance and other financial products can help you feel more comfortable when discussing your needs with such professionals as your New York Life agLife agent.

If you have a health condition that precludes you from obtaining other less expensive life insurance policies or you need to get covered fast, guaranteed issue might be the way to go.

Other types of life insurance policies have been designed to meeting the varied needs of policy holders.

Some people want a policy to cover their family's anticipated cost of living, including mortgage payments and college tuition, while others might have less of a need for life insurance down the road.

However, I equate them (in my real life example) to taking insurance out on something I don't need to, or at very least where the premiums well exceed my benefit, which is something I would never do (and never recommend others to do).

When purchasing income protection, consider what other types of life insurance you need as well, such as life cover and total and permanent disability cover.

Everything else being equal, the main reasons to purchase permanent insurance are: (1) if you have a dependent, such as a special - needs child or handicapped loved one, who relies almost solely on your income to live and who will need to rely on it after your death in perpetuity, or (2) if you have few, if any, other assets and don't actively plan on having any that could be used to cover the cost of your funeral, to pay off any outstanding debts, or to provide some inheritance to your family.

On the other hand, if you live by yourself and / or no one depends on your income then you may not need any life insurance coverage at all.

After the wedding, you do need to be on the same car insurance policy because you live together and have regular access to each others» vehicle.

And depending where you live, it's worth exploring the need for — or requirements surrounding — flood insurance and other types of coverage against natural disasters.

You'll need to call our office at 888-836-7071 to get a quote on Fidelity Life and other no medical exam life insurance companLife and other no medical exam life insurance companlife insurance companies.

If you know exactly what type of policy you need, and Banner Life can provide it, it's worth checking to see what they can offer, though we do highly recommend checking out all of your options before you make your final decision as there are other great companies out there such as Americo Insurance or Fidelity Life Association to name a few.

Life insurance offered by your super fund is often cheaper than through other providers, but it is important to shop around to find the right policy to suit your needs.

When purchasing trauma cover, consider what other types of life insurance you need, such as life cover, total and permanent disability cover and income protection.

Contrary to popular opinion, your parents won't need life insurance for the most part of their lives if they've made other financial arrangements that they are satisfied with from the get - go.

If there's a gap between expenses and savings, you might need to think about other ways to contribute to retirement accounts or build savings in other potential income sources, such as annuities or life insurance policies that grow cash value.

Your agent can help you understand the pros and cons of this policy and help you compare it to other life insurance options to find the optimal policy for your needs.