Sentences with phrase «permanent life insurance policies such»

Permanent Life insurance policies such as Whole Life remain in effect as long as you live and make the required payments.

By their very nature Permanent Life insurance policies such as Whole Life insurance, cost more than a Term Life insurance policy with the same death benefit.

Permanent life insurance policies such as Whole life, Universal life, or Guaranteed Universal Life is more expensive.

There are a variety of permanent life insurance policies such as whole life insurance, universal life insurance, and variable life insurance — and even combination policies like variable universal life insurance.

However, permanent life insurance policies are not taxed like other types of investments.and this includes the various types of permanent life insurance policies such as dividend paying whole life insurance, indexed universal life insurance and variable universal life insurance.

Many life insurance want their agents to focus on selling you permanent life insurance policies such as Whole Life and Universal life.

This feature is sometimes called «accelerated death benefits» and is available on most permanent life insurance policies such as whole life insurance.

As your power to earn increases, permanent life insurance policies such as whole life, universal life and variable life will be more attractive.

Aside from permanent life insurance policies such as whole life, the other main category of life insurance is called term life insurance.

Permanent life insurance policies such as Whole Life and Guaranteed Universal Life are usually more expensive than a term life insurance policy.

Permanent life insurance policies such as whole life, for example, have a cash accumulation value.

There are a variety of permanent life insurance policies such as whole life insurance, universal life insurance, and variable life insurance — and even combination policies like variable universal life insurance.

Aside from permanent life insurance policies such as whole life, the other main category of life insurance is called term life insurance.

Many policies also offer you the option of converting your term policy into a permanent life insurance policy such as a universal life policy.

Most term life insurance policies allow you to convert your term policy into a permanent life insurance policy such as whole life insurance.

By considering a permanent life insurance policy such as whole or universal life, you essentially «lock» into a rate, and the policy will be with you as long as you live provided the required premium payments are timely made.

If you reach this cut - off age limit for a term policy, you may still be able to get a small permanent life insurance policy such as whole or universal life.

Many policies also offer you the option of converting your term policy into a permanent life insurance policy such as a universal life policy.

If you own a permanent life insurance policy such as Whole Life, Universal Life, Indexed Universal Life or some other hybrid variation, the first thing you want to do is ask your insurer what the current cash value is.

The first thing to consider is that a permanent life insurance policy such as whole life or universal life can be used as a valuable financial instrument because it gives you the ability to use a permanent life insurance policy as a form of tax - free investment growth.

To make life insurance personally work for you, you would have to buy a permanent life insurance policy such as whole life or universal life.

Just like a standard term life insurance policy, you have the option of converting your return of premium policy to a permanent life insurance policy such as universal or whole life insurance coverage.

Any life insurance policy is a relatively long term commitment such as whether you're looking for a 10 or 20 term life insurance policy, or lifetime commitment if you're looking to buy a Permanent Life insurance policy such as Whole Life or Universal Life.

The first reason is because any Permanent life insurance policy such as Whole Life, Universal Life or Universal Indexed Life insurance costs a heck of a lot more and, therefore generates a lot more income for both the insurance company and especially the life insurance agent.

And, if you looking for a policy which would add to retirement income or if you looking for a conservative investment vehicle, we could also set you up with a Permanent Life Insurance policy such as Universal Life, Indexed Universal Life or Whole Life.

In some cases, if you're older than the term life insurance cut off age, you may be able to qualify for a permanent life insurance policy such as a whole life or a guaranteed issue policy.

Some term insurance plans allow you to convert your term life coverage to a permanent life insurance policy such as whole life without providing evidence of insurability.

You may also want to consider a permanent life insurance policy such as whole or universal life.

Not exact matches

Permanent life insurance policies, such as whole and universal life insurance, offer lifelong coverage and typically have a cash value component.

The primary difference between permanent and term life insurance is that term policies only provide coverage for a fixed period of time, such as 20 years.

No medical exam life insurance is more expensive than fully underwritten coverage and typically provides fewer options, such as the ability to increase your death benefit or convert a term policy to permanent coverage.

At certain points during the period of coverage, you can convert your term policy to a permanent life insurance policy (such as a whole life insurance policy or universal life insurance policy) and premiums are determined by your original health rating.

Therefore, if you are on the younger end of the age spectrum, you might want to consider purchasing something that will be in place for longer, such as a 30 year term policy or permanent life insurance policy.

If you are looking for a life insurance policy as an investment vehicle, you may want to consider a permanent life insurance policy, such as whole life insurance or universal life insurance.

No medical exam life insurance is more expensive than fully underwritten coverage and typically provides fewer options, such as the ability to increase your death benefit or convert a term policy to permanent coverage.

But when it comes to permanent life insurance, some other factors weigh heavily on your premium, such as policy design.

If you can afford to pay a little more for your coverage, you can lock in a rate on a permanent life insurance policy, such as whole life or universal life.

If you are considering permanent life insurance — such as whole life, universal life, or variable life insurance — you probably know that these types of policies provide both death benefits and cash value accumulation.

Convertible term life insurance is typically a normal level term policy that has the option to convert the policy into permanent insurance by the end of the term or by a specified age, such as 70.

Variable Universal Life (VUL) is another permanent life insurance type that offers similar features to other universal life policies, such as flexible allocation of premium paymeLife (VUL) is another permanent life insurance type that offers similar features to other universal life policies, such as flexible allocation of premium paymelife insurance type that offers similar features to other universal life policies, such as flexible allocation of premium paymelife policies, such as flexible allocation of premium payments.

If you have a permanent life insurance policy, such as a whole life or universal life insurance policy, you may wonder at some point about cashing in your policy.

Some types of permanent life insurance policies, such as whole life insurance, can offer many benefits that are distinct from term life plans.

Not all insurers offer permanent policies, such as whole life insurance, so this is something you'll want to check before applying for your policy.

Long - term care riders can be attached to permanent life insurance policies, such as IUL and Whole Llife insurance policies, such as IUL and Whole LifeLife.

The drawback to whole life would be that whole life insurance rates tend to be higher than other forms of permanent coverage, particularly when you are dealing with a Whole Life Guaranteed policy, such as the one offered by life would be that whole life insurance rates tend to be higher than other forms of permanent coverage, particularly when you are dealing with a Whole Life Guaranteed policy, such as the one offered by life insurance rates tend to be higher than other forms of permanent coverage, particularly when you are dealing with a Whole Life Guaranteed policy, such as the one offered by Life Guaranteed policy, such as the one offered by MOO.

«Say you buy a permanent life insurance policy on a child for [a face value of] $ 50,000,» said Kevin M. Lynch, an assistant professor of insurance at The American College of Financial Services, giving a hypothetical example of how such a provision would work.

Indexed universal life insurance (IUL) is a type of permanent life insurance that offers the opportunity to invest your policy cash value in the financial markets tied to any number of market indexes such as the S & P 500.

As the name suggests, a permanent life insurance policy, such as whole life insurance, does not expire as long as you pay your premiums.

Universal life insurance is designed to offer many of the same benefits as traditional permanent * life insurance policies such as whole life, but offers more flexibility that allows you to adjust your premiums and coverage as your needs change.

If you are looking for a life insurance policy that will just cover you for a specific amount of time, such as when your children are young or while you are paying a mortgage, you may want to consider a term life policy over a permanent life policy.