Sentences with phrase «permanent policies such»

Another plus about term life: many policies can be converted to permanent policies such as universal or whole life for a period of time.

In this article, for the most part, we are talking about permanent policies such as Universal Life, Indexed Universal Life, Guaranteed Universal Life and Whole life policies.

At this age, many policy options are available including 10 and 15 year term life insurance, and permanent policies such as whole life or universal life insurance coverage.

Those with more complex estates or who want a guaranteed savings plan can take advantage of the cash accumulation feature offered by permanent policies such as through Indexed Universal Life, Universal Life or Whole Life.

It can only be used to purchase permanent policies such as guaranteed universal life or whole life.

These riders are available as both term and permanent policies such as whole life for example.

These policies consist of Permanent policies such as Whole Life, Universal Life and Variable Life.

But permanent policies such as whole life insurance typically provide a lifetime death benefit, regardless of your health, as long as you pay the premiums to keep the policy in force.

If your insurance needs are long - term or you are unsure, buy a term policy with a conversion option to a permanent policy such as Universal Life or Whole Life.

For example, a term life insurance is a lot less expensive than a permanent policy such as a whole life or universal life insurance policy.

All traditional life insurance policies, whether it be a term or a permanent policy such as Indexed Universal Life or Whole Life require that you take a medical exam.

It costs about 1 / 10th of what you would pay for the same death benefits coverage for a Permanent policy such as Whole Life or Universal Life.

* Conversion: If your current term policy has conversion benefits, you may be able to convert your policy to a Permanent policy such as a Whole Life or Universal Life.

She also believes that it would be much more advantageous to invest the difference between what you would spend for term insurance versus what it cost to buy a permanent policy such as whole life or universal life.

Most policies also have a conversion feature which allows you to convert your term policy to a permanent policy such as Whole Life, Universal Life or Indexed Universal Life for example.

On the other hand, if the exclusion amount is permanently decreased, at least the policyholder will already have a policy in place (the 10 year policy), and could decide to convert it to a permanent policy such as guaranteed universal life or whole life.

Annual renewable term is outrageously priced, so if you already know that you want a policy that provides coverage for your entire life, you'll save a lot of money purchasing a permanent policy such as whole life.

A term insurance policy is typically more affordable than a permanent policy such as whole life.

The policy can be converted to a permanent policy such as Universal Life.

It may be more advantageous for some elderly people to consider buying a permanent policy such as an age specific universal term life insurance policy.

This is an important feature that allows the policyholder to convert a portion or all of the term insurance policy to a permanent policy such as whole life or universal life.

I just hope you did purchase a whole life policy and not any ordinary permanent policy such as universal life, flexible premium adjustable life, indexed universal life, and variable universal life and such.

Many insurers will also have a conversion privilege that allows the policyholder to convert the term policy to a permanent policy such as Universal Life or Whole Life without you having to prove you are still healthy.

By converting some or a portion of your term policy to a permanent policy such as whole life, you will be able to do so without having to take a medical exam.

If you have an existing term policy, and whether you're healthy or not, you most likely have the ability to convert the policy to a permanent policy such as whole life or universal.

Example 3: Some clients will use a permanent policy such as a Universal Life and fund it guaranteed to age 100.

It is a simple fact that regardless of the type of life insurance policy you need, whether it is a term life insurance solution or a permanent policy such as whole life or universal, life insurance premiums become more expensive as you age.

Not exact matches

It is also possible that, even if not legally required, public companies may adopt alternative advisory vote policies in the future and adopting this proposal as a permanent policy could impair the ability of the Company to react to such future developments.

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.

In contrast, researchers who are on permanent contracts and are therefore not worried about securing their next job «are «freer» to produce more societal type outcomes,» such as promoting policy changes.

Those favoring a permanent credit, a long list that includes Obama as well as business and academic leaders, say such policy lurches create uncertainty for companies doing long - term planning, making them less likely to invest in risky projects if they think they can't defray expenses.

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.

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 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.

Instead of taking back the refund, you can choose other non-forfeiture options, such as using the cash to continue to pay premiums, acquire reduce paid - up insurance (using the cash to buy a reduced amount of permanent coverage) or acquire extended term insurance (keeps the coverage the same, but reducing the length of the policy)

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 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.

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

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.

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

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