Sentences with phrase «people lost their life insurance policy»

Many people lost their life insurance policy or investments when they invested in a traditional universal life policy in the past 20 - 30 years, however the new indexed universal life policy has been developed to provide safer options.

Not exact matches

As companies seek ways to scale back benefits, a term life policy can supplement weak whole life coverage from an employer, or fill a similar gap to that of COBRA insurance should a person become unemployed or lose his benefits.

As you search for a lost policy, keep in mind that if it was a term life insurance policy, then you as the beneficiary collect the benefit only if the insured person died within the term.

An individual who has lost a limb and is working with physical therapy assistants to learn how to use a prosthetic replacement, for example, but is in good overall health otherwise, will be able to obtain a life insurance policy more easily than a person who is very severely limited in function and abilities.

Every week I am shocked at how many of my peers are sharing links to fundraising websites asking people to donate money to a family they know who just lost a mother or father that had no life insurance policy.

Group term life insurance policies offers more options for people who lose or change jobs.

There are ways for people to find lost life insurance policies, but it's best to tell the involved parties about the policy and give them a copy so they can claim the death benefit without any hassle.

One of the reasons why people dislike buying life insurance is that they quickly get lost in all the jargon of riders, policy types, sub-clauses, etc..

The purpose of a life insurance policy is only to replace what was lost financially from the insured person's death, so this is why they have to ask about your income.

Town of Lake renters insurance policies offer coverage for lost or damaged property, compensation for alternative living arrangements if the home is uninhabitable, liability protection and reasonable medical payments for people injured on the property.