Sentences with phrase «policy provides death»

A basic life insurance policy provides death benefits and is designed to cover loss of income, end - of - life expenses, funeral costs, and other immediate financial needs should you die suddenly or unexpectedly.

They don't understand that a term insurance policy provides death cover only and the amount of cover is quite large in comparison to to other insurance products.

A term life insurance policy provides death benefits upon the passing of the insured, if that policyholder dies within a specified term.

It may not provide return of the premiums paid during the tenure, but in case of the policyholder's demise, the policy provides death benefit to the beneficiary.

If a partner dies, the policy provides a death benefit to the remaining partners.

While term insurance only pays out a death benefit for a certain period, a whole life policy provides a death benefit that pays out at any point in your life while simultaneously building usable cash value along the way.

A family income policy provides the death benefit in a unique way, but may not provide the full coverage needed with its decreasing value.

In this way, this policy provides death benefits and helps secure the individual's family.

A variable life policy provides death benefits and cash values that vary according to how premiums are invested.

The policy provides a death benefit to the beneficiary in case of untimely death of the policyholder.

A universal life insurance policy provides death benefit protection and cash value.

A basic life insurance policy provides death benefits and is designed to cover loss of income, end - of - life expenses, funeral costs and other financial requirements your loved ones may have should you die unexpectedly.

This policy provides death benefit protection of between $ 5,000 to $ 50,000, along with a cash value that will grow tax - deferred over time.

This type of insurance policy provides a death benefit at an affordable cost.

This policy provides death benefits up to $ 50,000.

The Value Term policy provides death benefit protection that starts at $ 150,000.

The Basic Term Life Insurance Policy provides death benefit protection for 15 years — and throughout this period of time, the death benefit coverage will remain level.

A whole life insurance policy provides a death benefit for the insured's lifetime.

You pay a set premium for that term and this type of policy provides a death benefit.

5) Level Death Benefit Whole Life — This policy provides both death benefits and a cash value accumulation portion.

A life insurance policy provides death benefits for spouses in the form of financial assistance to make up for the loss of income after a loved one passes away.

A family income policy provides the death benefit in a unique way, but may not provide the full coverage needed with its decreasing value.

A basic life insurance policy provides death benefits and is designed to cover loss of income, end - of - life expenses, funeral costs and other financial requirements your loved ones may have should you die unexpectedly.

While term life insurance and permanent life insurance policies provide a death benefit, they differ in many other respects.

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.

All types of life insurance policies provide a death benefit to the beneficiaries; most of which are tax - free.

Permanent life insurance policies provide a death benefit as well as other unique features such as lifelong protection and the ability to accumulate cash values on a tax - deferred basis, similar to assets in most retirement - savings plans.

While all permanent life insurance policies provide death benefits, what differentiates them is how the premiums can be paid and how you can use the cash value accumulation.

Term life insurance policies provide a death benefit and nothing more.

All types of life insurance policies provide a death benefit to the beneficiaries; most of which are tax - free.

While term life insurance and permanent life insurance policies provide a death benefit, they differ in many other respects.

Not only does a whole policy provide death benefits, but it also provides a cash value accumulation feature which grows through the life of the policy.

Term life insurance provides the most basic form of life insurance coverage, as these policies provide death benefit protection, without any cash value or savings build up.

These policies provide both death benefit protection, as well as a cash value build up.

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.

Term life insurance differs from permanent life in that permanent policies provide both death benefit protection, as well as a cash value or an investment component.

Variable Universal Life Insurance — Similar to regular universal life, variable universal policies provide a death benefit and a cash value component, along with tax deferred growth.

These policies provide a death benefit, as well as an investment component.

Permanent insurance policies provide both death benefit protection, along with a cash value component.

Term life insurance policies provide a death benefit and nothing more.

Variable Life and Variable Universal Life As with Universal Life polices, Variable Life and Variable Universal Life policies provide death benefits and cash values to beneficiaries.

Moreover, juxtaposed to term life insurance policies, permanent life insurance policies provide death benefits without limitations from the time frame and offers the feature of cash surrender value or simply cash value.

Most final expense policies provide death benefits that are a smaller amount than other forms of life insurance, often between $ 5,000 and $ 25,000.

While all permanent life insurance policies provide death benefits, what differentiates them is how the premiums can be paid and how you can use the cash value accumulation.

Not exact matches

As the name implies, term life insurance will provide a death benefit if an individual dies within the policy's term, up to 20 years typically.

Basic whole life policies provide a fixed death benefit and a cash value that builds over time.

Of course, the policy's cash value changes over time and is lower than the total sum of the death benefit it provides.

Savings for military spouses who are FlexJobs members: As a FlexJobs member, you can receive a complimentary $ 10,000 Accidental Death & Dismemberment (AD&D) policy when you protect your family with services provided by Tomorrow.

This has the impact of providing you cash as well as reducing the life insurance policy's death benefit.

If your company offers group life insurance, accidental death and dismemberment coverage is often provided alongside your policy.