Sentences with phrase «other types of life insurance coverage»

As with other types of life insurance coverage, the proceeds that are received from a final expense life insurance policy will be free of income taxation to the recipient.

No medical exam life insurance can also differ from other types of life insurance coverage in the way that the death benefit is paid out.

Typically, final expense life insurance is offered at a lower amount of premium than most other types of life insurance coverage.

Unlike other types of life insurance coverage, term life insurance is designed to provide a death benefit — and only a death benefit — to the beneficiaries named in that policy.

Term will have much lower premiums than other types of life insurance coverage such as whole life or universal life, which are both permanent forms of life insurance.

Just like with other types of life insurance coverage, the death benefit proceeds that are received by the named beneficiary are not subject to income tax.

Typically, final expense life insurance is offered at a lower amount of premium than most other types of life insurance coverage.

Well, burial insurance policies are also typically known for being somewhat easier to qualify for than many other types of life insurance coverage, which makes them more obtainable.

This means that families and loved ones can obtain the financial protection that they need pretty affordably, even if they have been turned down for other types of life insurance coverage.

In many ways, final expense life insurance works just like other types of life insurance coverage in that the policyholder will pay a premium in return for death benefit coverage should the insured pass away while the policy is in force.

In addition to its no exam life insurance policy offerings, Lincoln Financial Group also offers other types of life insurance coverage, including term and permanent (which is inclusive of universal life insurance and variable universal life insurance options).

Another reason for a higher price tag is because final expense policies are designed for unhealthy older individuals that have a pre-existing health or lifestyle condition that precludes them from getting other types of life insurance coverage.

In addition to indexed universal life insurance, Penn Mutual also offers several other types of life insurance coverage, as well as retirement annuities.

As with other types of life insurance coverage, the premium that is charged for burial insurance will be based in part upon the age and the gender of the applicant, as well as the amount of coverage that you are purchasing.

Burial insurance can also be easier to qualify for than many other types of life insurance coverage.

Call us at [phone] if you have questions about non-medical exam life insurance or any other type of life insurance coverage.

And, as with other types of life insurance coverage, the growth of the cash value is tax deferred, and the death benefit that is received by the beneficiary will be free of income taxation.

Just like with other types of life insurance coverage, there are several key variables that will be considered when determining the cost of a guarantee issue life insurance policy.

This is a final expense policy for those that can't qualify for any other type of life insurance coverage.

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

Just like with other types of life insurance coverage, there are some single premium life insurance policies that also offer living benefits.

This is especially the case for those who do not already have any other type of life insurance coverage in place.

Burial insurance works primarily just like any other type of life insurance coverage.

Just as with other types of life insurance coverage, you will need to choose a beneficiary when you purchase a burial insurance policy.

In many ways, guaranteed life insurance works the same as any other type of life insurance coverage.