Sentences with phrase «portion of your term life»

This typically allows you at any time (usually up to age 70) to convert any portion of your term life policy into a permanent policy.

In addition, the Automatic Conversion Rider will convert a portion of the term life insurance coverage into whole life over a 10 or 20 year period.

A non-equity arrangement is when an employee's only benefit is a portion of the term life insurance.

Not exact matches

In this quick video, the business and life strategist shares a simple technique for making sure a healthy portion of your hard - earned profits are sacredly set aside, specifically to help you build your long - term wealth.

This rider adds to the cost of your premiums but ensures that you'll receive a portion or the sum of premiums paid if you live past the term of the policy.

The 30 - year term has also proven to be popular with borrowers due to how it spreads payments over a long period while providing first - time homebuyers with an opportunity to live in a mortgage - free home for a portion of their lives.

A return of premium rider is particular to term life insurance products as it allows you to recoup a portion (or all) of the premiums paid if you live past the full term.

In terms of where I am in my life, financially, right now, there's no way I could justify paying for Veestro, and the portion sizes were a little small for me, but the flavours were good.

Or in October, when NASA officially opened its second permanent lunar base with a live BrainSync between honorary Moon President Neil deGrasse Tyson and a select group of fans who won the chance to access portions of his long - term memory through a QuantumWeb sweepstakes?

But now, and for a relatively short time is no longer married, --(for the reasons that life may present to him), and who would currently and in the future, like to be involved, — and involved specifically in, — a long term committed and affectionate relationship of which a major portion includes attentive, almost singularly focused.

When a premium is paid, a portion pays for annual renewable term insurance based on the life of the insured.

This rider adds to the cost of your premiums but ensures that you'll receive a portion or the sum of premiums paid if you live past the term of the policy.

With most term life insurance policies, the death benefit — the portion of money that's paid out to beneficiaries — works the same way.

LifeElements is convertible term life insurance, allowing you to convert all or a portion of the face amount to permanent coverage before the end of the term or by age 70, which ever is less.

Or maybe you want to use a good portion of your income saving for specific goals like college and vacation, or you just want to simply live a good life on more generic terms.

AUL's term life insurance includes a conversion option that allows the insured to convert all or a portion of the policy to permanent coverage.

In the example of the term premium, the premium is only paying for insurance, while with the whole life premium, a portion of the premium is going to cash value.

Life insurance classified as return of premium (ROP) features a return of premiums paid to purchase coverage if the insured outlives the term of the policy, or payment of some portion of premiums paid to the beneficiary upon the insured's death.

In addition, convertible term life insurance allows you to convert all or a portion of your face amount to a permanent policy.

The policy is convertible term life insurance, which allows the owner of the policy to convert all or a portion of the coverage to whole life insurance coverage before the term policy expires or age 65.

Put a portion of the money towards your first life insurance premium - If you get a term life policy you should have money left over.

A return of premium rider is particular to term life insurance products as it allows you to recoup a portion (or all) of the premiums paid if you live past the full term.

If your term policy allows you to convert you can choose to option your rider and convert all or a portion of your death benefit to permanent life insurance.

Ameritas» Keystone term policy is convertible term life insurance which allows the insured to convert all or a portion of the policy to permanent coverage.

Under the adjustable rate reverse mortgage, homeowners can choose to receive home equity in monthly payments, term or tenure payments (a term payment being for a set term established by the borrower and a tenure payment being a payment for life), in a line of credit that you can access when you want, or a combination of any of these choices (i.e. a small lump sum to make repairs now, a portion in a line of credit to be able to access for later needs and the remainder in monthly payments for life).

Whole life offers a big advantage over term life in that a portion of the premium is put into an account and starts to accrue interest, building tax - deferred savings along the way.

They're one - part insurance, delivering guaranteed lifetime income when an optional living benefit rider is added to the annuity, and one - part accumulation potential, because a portion of the owner's purchase payments is allocated to a mix of diversified investments that can provide long - term growth to help maximize future retirement income.

It sounds like a long - term commitment and it is, but if you serve 20 years in the military, the Postal Service or another Federal government job, you can retire early and still draw a large portion of your pay, for life.

The life insurance companies also offer solutions such as chronic illness riders AND long term care riders, which allow a portion of the policy death benefit to be used for long term care costs while also preserving a portion of the death benefit coverage.

The taxable ordinary income to the employee is the premium cost of one - year term insurance on the life of the employee minus that portion of the premium paid by the employee.

Minnesota Life's convertible term life insurance includes the option to convert all or a portion of the policy to permanent coverage prior to the end of the tLife's convertible term life insurance includes the option to convert all or a portion of the policy to permanent coverage prior to the end of the tlife insurance includes the option to convert all or a portion of the policy to permanent coverage prior to the end of the term.

Penn Mutual's convertible term life insurance allows the insured to convert all or a portion of the policy to permanent coverage prior to the end of the term or age 70.

Premiums are often much higher than a term life insurance policy with the same amount of coverage because you're paying for an insurance policy as well as putting money into the cash value portion of the policy.

Financial planners creating a retirement income strategy can reduce the expected costs of funding a retirement income by allocating a portion of their client's investments to a DIA, particularly if the retiree is worried about investment risk in the near term or running out of money later in life.

With the eShop going live hours earlier, Nintendo should treat the 3DS portion of the show like Launch 2.0 - not in those explicit terms, of course, but obviously, the 3DS, despite breaking a few Day 1 sales records, isn't doing too well, and I think a large part of that can be attributed to people looking at the line - up and thinking «for $ 250, there's not really anything I'm excited for right now.»

For example, if you only need to carry a high level of life insurance for 10 years, yet you want to carry life insurance for your whole life, they may suggest taking a 10 year term for the portion of money you think you need for that limited time, and a smaller value in a whole life policy.

Trendsetter Term Policy with «Living Benefits» offers high levels of term life insurance protection, and adds a «living benefit» that allows you to potentially access a portion of your policy benefit while you're still alive if you're diagnosed with a qualifying chronic or critical illness; or a terminal illnTerm Policy with «Living Benefits» offers high levels of term life insurance protection, and adds a «living benefit» that allows you to potentially access a portion of your policy benefit while you're still alive if you're diagnosed with a qualifying chronic or critical illness; or a terminal ilLiving Benefits» offers high levels of term life insurance protection, and adds a «living benefit» that allows you to potentially access a portion of your policy benefit while you're still alive if you're diagnosed with a qualifying chronic or critical illness; or a terminal illnterm life insurance protection, and adds a «living benefit» that allows you to potentially access a portion of your policy benefit while you're still alive if you're diagnosed with a qualifying chronic or critical illness; or a terminal illiving benefit» that allows you to potentially access a portion of your policy benefit while you're still alive if you're diagnosed with a qualifying chronic or critical illness; or a terminal illness.

The good news is, some companies will credit you for a portion of the premiums you paid into your term life insurance policy and carry it over when you decide to convert to assist the cash value accumulation.

Both the indexed universal life insurance and the term life insurance policies typically include an accelerated death benefit so that a large portion of the death benefit can be paid to the policyholder in the event of a terminal illness.

Universal life insurance will also be more expensive than term life because of the investment portion of your payments for this kind of policy.

This rider provides you access to a portion of your death benefit, if you reach a stage in life where you require A Long Term Care (LTC).

The policy is also convertible term life allowing you to convert all or a portion of the policy into permanent life insurance, such as universal life.

This one differs from the term life policy in that a portion of the premium covers the cost of the insurance and goes toward a savings account.

A term life policy can leave you with nothing after 20 years of premiums (other than your health, obviously), so some like the option of cashing out a whole life policy early for a portion of the complete death benefit should they want or need the money.

Convertible term life insurance allows you to convert all or a portion of the face amount to permanent life insurance, with no proof of insurability (i.e. no exam or health questions).

While it's more expensive, you'll have the same security term life insurance offers along with the benefits of a cash value portion.

Inside just the life insurance portion of Nationwide, the diverse choices of products begin with term life insurance.

When a customer balks at a quote for cash - value life, agents will use a technique called blending to substitute (or blend in) convertible term life for a portion of the permanent life policy.

In accordance with the prime feature of this Life Insurance plan which is loyalty to the consumer, ROP Term Insurance will provide that you receive all your investment back, not a portion of it, like under Permanent Life Insurance contracts with the cash value feature.

Living benefits allow a portion of the death benefit to be distributed early in the event of a terminal diagnosis or should an individual need long term care.