Sentences with phrase «other type of life insurance plan»

Just like every other type of life insurance plan, these are going to be a few disadvantages that you should be aware of before you purchase one of these plans.

Although the premiums on these plans are typically higher than they are on most other types of life insurance plans, those who possess adverse health conditions can still obtain life insurance coverage with pre existing conditions — so this can provide a great deal of peace of mind to those who would otherwise not qualify for life insurance benefits.

Although the premiums on these plans are typically higher than they are on most other types of life insurance plans, those who possess adverse health conditions can still obtain life insurance coverage with pre existing conditions — so this can provide a great deal of peace of mind to those who would otherwise not qualify for life insurance benefits.

Term plans may not offer such flexibility in changing the policy specifications during the policy term, but there are other types of life insurance plans like unit linked insurance plans (ULIPs) which offer flexibilities like increase / decrease of the policy sum assured, change in premium, etc..

Not exact matches

There are other types of legacy gifts you may wish to consider, such as a charitable remainder trust, a gift of life insurance, or a gift of retirement plan assets.

Other types of permanent life insurance may be suitable for college savings plans, such as indexed universal life insurance OR variable universal life insurance.

This type of plan usually costs less than other types of life insurance and may be good for individuals with a large estate to protect since the benefit provides immediate cash that can be used to pay estate taxes.

Any type of permanent life insurance plan is going to be considerably more expensive than other options.

Term life insurance plans typically carry a lower premium than other types of life insurance, such as whole life.

In other words, these types of life insurance plans are not coupled with tax - qualified long term care insurance and can be more restrictive.

Just as with the cash value component of other types of life insurance policies, the funds that are in the investment component of a variable insurance plan are allowed to grow on a tax - deferred basis, meaning that the money will not be taxed until the time of withdrawal.

There are thousands and thousands of different insurance companies on the market, and they all sell similar insurance products, but whole life no medical exam plans are not nearly as common as the other types of policies.

Just like with every other type of life insurance policy, there are pros and cons to a no medical exam plan.

In other words, these types of life insurance plans are not coupled with tax - qualified long term care insurance and can be more restrictive.

Specialty travel insurance plans are those that cover one - off needs like car rental, term life, and other types of coverage that fill in the gaps between what the traveler already has available to them back home.

This is why they offer all of the basic life insurance plans you can expect from other companies, as well as a handful of more specialized coverage types.

Any type of permanent life insurance plan is going to be considerably more expensive than other options.

Each of the above types of life insurance policy will also offer a corresponding survivorship plan that covers an insured and one other person, such as a spouse, partner, or business partner.

Just as with the cash value component of other types of life insurance policies, the funds that are in the investment component of a variable insurance plan are allowed to grow on a tax - deferred basis, meaning that the money will not be taxed until the time of withdrawal.

Other insurance types offer options to consolidate a term life policy with other types of coverage, which can lead to saving on a lower rate Other insurance types offer options to consolidate a term life policy with other types of coverage, which can lead to saving on a lower rate other types of coverage, which can lead to saving on a lower rate plan.

Indexed universal life insurance tends to be much more expensive than other types of life insurance options, but that doesn't mean that your plan has to break your bank every month.

Because these plans aren't going to expire, they are going to be more expensive than other types of life insurance.

As with other types of permanent life insurance policies, the cash value in this plan is allowed to grow tax - deferred, and the money may be borrowed or withdrawn for any reason.

There are also other types of retirement plans that may be funded with life insurance premiums that are tax deductible to a business.

Universal life insurance is a very unique type of coverage that offers a couple of benefits that you won't get with other plans.

Just as with other types of life insurance coverage, there are different options with burial insurance plans.

Although there is no cash value or investment component associated with term life insurance, the death benefit proceeds from these plans can be used just like any other types of life insurance.

These types of life insurance plans can also provide additional benefit — and that is for the family and other personal survivors of the key person.

Similar to every other type of insurance, which kind of life insurance plan is right for you depends on your preferences and situation.

There are other types of business life insurance planning that can also be important to a company.

Therefore, irrespective of the type of life insurance plan you have, you will get the same tax benefits as others.

There are also other types of life insurance policies considered under the umbrella of whole life insurance, such as a universal life insurance plan.

Other types of permanent life insurance may be suitable for college savings plans, such as indexed universal life insurance OR variable universal life insurance.

Other types of life insurance such as universal life policies, discussed above, offer flexible premium plans that may be more appropriate for those who need it.

If you plan to buy insurance other than term insurance provided by your employer, you should educate yourself about the pros and cons of the term, whole life, and other types of insurance.

Even with a minimum of 15 years to build cash value in it, there are many fees associated with this type of life insurance plan that makes it less appealing than traditional life insurance plans or other long term savings plans.

This graphic compares the sales of different types of employer - sponsored insurance plans and indicates that Life and Disability plans are more often provided by employers (and more often taken advantage of by workers) than other types of plans.

Like the 3 basic colours Red, Blue and Green and other colours being a combination of these primary ones, there are 4 basic types of Life Insurance Plans in the industry and other plans available are combinations or extensions of these basic Plans in the industry and other plans available are combinations or extensions of these basic plans available are combinations or extensions of these basic ones.

There are other types of guaranteed issue permanent life insurance plans that may be more appropriate if you are over 75 or in need of guaranteed coverage.

Should a person who has bought a life insurance through a term plan invest in any other type of plan which involves life cover?

Below are examples of other options for someone age 69 who is looking for Life Insurance, the type of plan that fits you the best is determined by what you need the coverage for.

When people speak of being legally separated in New Jersey, they may be referring to the fact that they have entered into a written separation agreement governing custody and a parenting plan and support (and maybe even division of property and debt); or where, instead of having the marriage dissolved, the spouses filed for separate maintenance (a type of support proceeding in New Jersey that results in the entry of a support order but not dissolution of the marriage) or for divorce a mensa et thoro (divorce from bed and board) that allows the parties to live separately while still remaining married (which some spouses wish to do for religious reasons or, where the insurance plan allows it, to continue with health coverage through the other spouse).