Sentences with phrase «point of life insurance»

That's the whole point of life insurance.

The whole point of life insurance is to «insure» against end - of - life calamity.

The whole point of life insurance is to provide some financial stability for your loved ones if you pass away unexpectedly; if you borrow too much against your policy, you risk sabotaging that essential goal.

In most cases the point of life insurance is to protect against the risk of losing the income stream of a household breadwinner in the event of premature death, leaving the family in a precarious financial position.

That being said the point of life insurance is to offer protection, and asset or not, every policy will provide protection against death effectively.

After all, the real point of life insurance is ensuring your loved ones are taken care of after you die and do not have to drastically change their lifestyle.

No one knows what's going to happen in the future, and the point of life insurance is to insure against what you can't predict.

The whole point of life insurance is to help your loved ones that depend on you financially continue their lifestyle if you couldn't be there to provide.

Remember that the point of a life insurance policy is to ensure that dependents are taken care of after the death of a family member and it is not some kind of savings plan.

After all, the whole point of life insurance is to provide financial support, and usually this will be a loved one — family member, close friend, cat, etc..

After all, that's the whole point of life insurance.

The main point of life insurance is to provide financial support to your beneficiaries when you die.

One of the biggest selling points of life insurance of all kinds, is that the death benefit is paid out to the beneficiaries tax - free.

One of the big selling points of life insurance is that the proceeds are rarely taxable, including in these situations:

Not exact matches

CBA is seen as a stable part of life in the country of 24 million where most people have had a mortgage, insurance policy or regular savings account with CBA at some point - often starting with its famed «Dollarmites» deposit account for school children.

Bottom line: Make sure you know how much interest you'll pay over the life of the mortgage, plus lending fees, like points, and other costs, like mortgage insurance.

Daniel (John Ortiz) is an insurance assessor who's presented as a sort of guardian angel, listening to bereaved people as they explain how their lives reached a point of desolation.

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.

The authors are quick to point out that the guru's failed to properly advise their public regarding the benefits of permanent life insurance by stating,

Request free universal life insurance quotes online and get an instant estimate of monthly premium costs, and projected cash values at specified points in time.

For purposes of this article, allow me to suggest that the conventional wisdom about dividend paying mutual whole life insurance believes that there are essentially two noses if you understand the point... this is a matter of flawed perception.

It spends some time discussing the «financial impact of widowhood,» pointing out that a couple with no life insurance would face the double shock of loss of income of a deceased spouse, even as the bills and expenses continue to mount up.

The AARP offers term life insurance coverage for members between the ages of 50 to 74 and policies can be converted into a permanent life insurance policy at any point during coverage.

The logic goes that the main selling point of whole life insurance — that you get an insurance policy along with a cash - value component that acts as forced savings — is actually a poor decision, and you'd be better off buying a cheaper term life insurance policy and investing the money you save elsewhere with a better return and lower fees.

The point being, perhaps qualification of annuity premiums may be even more advantageous (as opposed to non-qualified options) than for other types of unqualified investments such as life insurance or Roth IRAs.

Convertible term life insurance is simply a term policy that can be converted to a whole policy at any point during a specified period of time (typically several years) without you having to undergo a new health assessment.

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Other states might allow the cost of premiums to increase to the point that life insurance is too expensive for most residents.

They may approach investing with the conviction of a recent convert, saving and investing as much money as they can, even to the point of neglecting other needs, such as putting life insurance before investing.

The majority of Americans will be impacted by a home fire at some point in their lives, and renters insurance is the perfect way to protect yourself.

This is more of a philosophical question, although I'll point out that life insurance cash values can be used with financial leverage the purchase higher risk / return ventures.

We can gather several points from these tables about the true cost of life insurance.

So, if your company is the beneficiary, which is kind of the point of key person insurance, then the premiums are not deductible (similar to a personal life insurance contract) because the death benefit is not subject to taxation.

To point out the obvious need for final expense insurance, Mutual of Omaha released their final expense product line, Living Promise in 2009.

But once you get to a point where your budget starts tightening, your whole life insurance policy may be one of the first things on the chopping block.

An EKG tests your heart's electrical activity and is part of your life insurance medical exam to help underwriters determine if you have an irregular heartbeat, such as an arrhythmia, which points to heart disease.

On the last point, annuities from insurance companies will almost always be inferior to those from DB plans — the investment policy of the DB plan will likely yield more than the investments of the life insurance company.

«On the other hand, if the parents point out that the family has a horrific history of medical issues and they're worried about the child's future insurability for life insurance purposes, that would certainly warrant a close scrutiny of life insurance,» he added.

From This is Your Life Insurance Co.'s, our annuity issuer, point of view those living longer and receiving more money will be offset by those living shorter lives and receiving less.

However, it would be a shame to get this far in our discussion and yet fail, as many have, to point out the other kinds of permanent life insurance that do NOT pay dividends.

An interesting thing of note in regards to insurable interest and life insurance, is that insurable interest only needs to be present at the starting point of the policy but is not required to be present at the insured's death.

I was at the point of loosing my Life Insurance, because they said that with my extra account, the maintenance fee was more each month, and had my life insurance account connected to my IRA account, and that's where the maintenance fee's were being drawn fLife Insurance, because they said that with my extra account, the maintenance fee was more each month, and had my life insurance account connected to my IRA account, and that's where the maintenance fee's were being drInsurance, because they said that with my extra account, the maintenance fee was more each month, and had my life insurance account connected to my IRA account, and that's where the maintenance fee's were being drawn flife insurance account connected to my IRA account, and that's where the maintenance fee's were being drinsurance account connected to my IRA account, and that's where the maintenance fee's were being drawn from.

The drawbacks of Mortgage Life Insurance were pointed out in an earlier post (See Mortgage Insurance versus Life Insurance).

Many people say it and if you have ever listened to a sales pitch from a life insurance agent then no doubt covering the tax advantages of life insurance was one of their key talking points.

Chances are you're going to need to buy life insurance at some point — particularly if kids are in your future, so it might be a good idea to apply now to take advantage of your good health.

My point is that a specific type of life insurance policy is not right for everyone.

The point of a term life insurance policy is to terminate when the term is up, because at that point you'll probably have fewer expenses (mortgage, college, kids) and won't require the death benefit.

This method of soliciting rates is an incredibly efficient way to create a starting point for shopping for life insurance.

While this can be done with term life insurance policies, this feature is, along with the premium flexibility, one of the main selling points of a universal policy.

At the risk of inspiring concern due the recently tarnished reputation of AIG, allow me to first point out AIG Life Insurance was never under scrutiny.