Sentences with phrase «pay for other types of life insurance»

That means that it will represent permanent insurance, and as a result it will carry a higher premium than what you will pay for other types of life insurance.

Not exact matches

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.

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.

As with other types of life insurance, you pay regular premiums to your insurance company, in exchange for which the insurance company will pay a specific benefit to your beneficiaries upon your death.

You may also have to pay for other types of insurance, including life insurance and disability insurance.

In many ways, Final expense insurance works like any other type of life insurance policy in that a premium is paid for the coverage, and then upon the insured's death, the proceeds are paid out to a named beneficiary.

Burial insurance is a type of life insurance coverage that is specifically geared for paying one's funeral and other related costs.

Burial insurance is a type of life insurance that is typically obtained for paying off a person's funeral costs and other final expenses when they pass away.

This type of life insurance policy costs a lot more than other policies in terms of premiums paid and fees, especially when you compare it to Term Life Insurance for examlife insurance policy costs a lot more than other policies in terms of premiums paid and fees, especially when you compare it to Term Life Insurance forinsurance policy costs a lot more than other policies in terms of premiums paid and fees, especially when you compare it to Term Life Insurance for examLife Insurance forInsurance for example.

In many ways, Final expense insurance — which is also oftentimes referred to as funeral insurance or burial insurance coverage — works like most other types of life insurance in that, in exchange for a premium payment, a death benefit will be paid out to a named beneficiary (or beneficiaries).

A 50 Year Old Male applying for $ 250,000 of 20 year term life insurance with type 2 diabetes, would pay around $ 100 to $ 135 per month, depending on height / weight and other health factors.

Funeral insurance is a type of life insurance coverage that is used for paying off the cost of a person's funeral and other related expenses.

In its most basic sense, funeral insurance actually works in a similar fashion to most other types of life insurance in that a person pays a premium to an insurance company in exchange for the payment of a death benefit to a named beneficiary in the case of the insured's death while the policy is in force.

Final expense is a type of life insurance protection that is specifically designed for paying the cost of the insured's funeral, as well as other final expenses, such as a burial plot and headstone, flowers, and transportation.

Final expense insurance is a type of life insurance coverage that is designed primarily for paying for burial, funeral, and other related costs.

Burial insurance — also often referred to as funeral insurance or final expense insurance — is a type of life insurance coverage that is geared towards paying for some or all of the costs of one's funeral and other related costs.

Burial insurance — also known as funeral insurance or final expense life insurance — is a type of life insurance coverage that is designed for paying out proceeds quickly to the beneficiary so that the cost of the insured's funeral and other expenses can be paid off, eliminating a great deal of stress and worry for survivors at an already emotional and difficult time for them.

Burial insurance is a type of life insurance coverage that is purchased specifically for paying off one's funeral and other final expenses, such as a memorial service, burial plot, and possibly even end of life medical or hospice costs.

Other types of permanent life insurance are also alternatives; they last for the policyholder's entire life, as long as premiums are paid, rather than expiring.

On the other hand, whole life insurance (and all types of permanent life insurance) lasts for as long it's paid.

The amount of premiums paid for this coverage varies based on the type of life insurance, the amount of coverage and other factors.

All other types of insurance cover you for life, as long as the premiums are paid.

Final expense — which is also often referred to as burial insurance or funeral insurance coverage — is a type of life insurance policy that is geared towards paying for one's funeral, as well as other costs, such as a burial plot and headstone, memorial service, transportation, and flowers.

Term life insurance also typically provides a higher death benefit for the premiums paid than other types of life insurance.

The amount of premium paid for this coverage varies based on the type of life insurance, the amount of coverage and other factors.

Regardless of where you live in Arizona, the premium you'll pay for car insurance is slightly lower than the national average Of course, your premium is based on the kind of coverage you carry, type of vehicle you drive, the insurance company you work with, and many other factors unique to yoof where you live in Arizona, the premium you'll pay for car insurance is slightly lower than the national average Of course, your premium is based on the kind of coverage you carry, type of vehicle you drive, the insurance company you work with, and many other factors unique to yoOf course, your premium is based on the kind of coverage you carry, type of vehicle you drive, the insurance company you work with, and many other factors unique to yoof coverage you carry, type of vehicle you drive, the insurance company you work with, and many other factors unique to yoof vehicle you drive, the insurance company you work with, and many other factors unique to you.

Oftentimes, this type of whole life insurance coverage is purchased for having loved ones use the benefit to pay for one's funeral and / or other final expenses, such as a memorial service, flowers, transportation, a headstone, and a burial plot — all of which can add up (in some cases to more than $ 10,000).

This type of insurance is designed to pay for financial burdens your death leaves behind, such as funeral expenses, mortgages and other debts, as well as for future expenses such as college education and maintaining your family's standard of living.

Final expense life insurance is a type of life insurance coverage that is designed specifically for paying the cost of one's funeral and other final expenses.

Therefore, if the beneficiary is counting on a certain amount of funds for paying final expenses, estate taxes, or any other type of debt with the life insurance proceeds, it is essential that either the loan or withdrawal be paid back, or the beneficiary be made aware of the unpaid balance.

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.

Still others may use life insurance as a type of financial tool for paying off estate tax, donating to charity, or passing on assets to loved ones.

Burial insurance works much like other types of life insurance in that, in return for the payment of a premium, a benefit is paid out upon the death of the insured.

We usually like to steer people away from simplified issue life insurance or other policy types where you don't need an exam to get covered, because you're paying for that convenience — literally — in the form of much higher monthly premiums.

This type of life insurance, also often referred to as funeral insurance or final expense coverage, is typically obtained for the purpose of providing one's survivors with cash so that funeral and other related expenses can be paid.

Oftentimes, a terminally ill person may have few assets such as a life insurance policy and to compensate for the medical expenses, the ill person may sell his or her life insurance policy to an individual or a company to pay for the medical care, medicine and other types of expenses.

What you pay for your life insurance each month will depend on several factors, including the type and amount of life insurance you buy, as well as, your health and age, among other personal risk factors.

Now this does not mean that your guaranteed issue life insurance policy will cost a fortune, it just means that you will need to pay more for the amount of coverage you actually receive than someone who can qualify for other types of life insurance policies would have to pay.

Other factors that determine how much you pay for car insurance include the amount of the deductibles you choose, the amount and types of coverage you purchase, where you live and your credit score.

This is an important distinction because many people are asked to pay a higher premium or are declined entirely for other types of life insurance due to their occupations or activities.

This type of life insurance can provide flexible terms of coverage to meet your needs, and help provide your loved one with the money they need to pay for your burial expenses or provide additional money for your spouse, or other loves ones.

Other types of insurance include final expenses life insurance which is only intended to pay for funeral related expenses, and infant life insurance which is a form of whole life insurance that is purchased for a young child and allowed to mature over that person's lifetime.

Health insurance, like other types of policies, will still cover your son as long as he lives on campus or in a dwelling that is paid for by you.

The other major type of life insurance is a term life policy, which is only effective for s specified period of time and then expires, forfeiting any money you have paid into the policy.

Unlike other types of life insurance, this form rarely pays out to any person or institution other than the one responsible for the burial and other funeral costs.

Keep in mind that changing the beneficiary of a final expense policy is more complicated than for other types of life insurance, because the policy pays out to the company which will handle your final needs.

The court can also order the noncustodial parent to pay for other types of support, such as providing the child with health insurance or obtaining life insurance with the child as beneficiary.