Sentences with phrase «permanent protection decide»
Some people who have whole life insurance for permanent protection decide they want more life insurance at lower costs with a short - term life policy.
https://pocketsense.com/ Not exact matches
Under current state law, districts must decide by March of the second year whether to grant teachers permanent status or tenure, which provides due - process rights and job protections.
The cash value of permanent life insurance does offer a measure of protection as, if you ever decide to give up your coverage to the insurer, you would get the cash value back.
The cash value of permanent life insurance does offer a measure of protection as, if you ever decide to give up your coverage to the insurer, you would get the cash value back.
Converting to a permanent, whole life policy is an ideal option if you decide you want financial protection for the rest of your life.
Universal life offers both permanent protection and flexibility in that the policyholder can — within certain guidelines — alter the premium due date, and can also decide how much of his or her premium dollars go toward the death benefit or the policy's cash value.
This is an excellent incentive because there are a lot of applicants that originally want a term insurance policy because of the cheaper premiums, but eventually, decide they want to make the switch to a more permanent protection like that of a whole life policy.
And, if you decide you need lifetime life insurance protection after purchasing your term insurance, you may be able to convert your term policy into a permanent life insurance policy if you have convertible coverage.
Term Life vs. Whole Life — Review and compare the benefits of term insurance versus permanent life insurance protection to help you decide which coverage may accomplish your goals.
They decide on the product they want — whether it's basic term life insurance, permanent life insurance or a combination — before they consider how much protection they need.
After hearing all evidence, a judge will decide whether you have established sufficient grounds for continued protection and issue a permanent order.