Sentences with phrase «predetermined term»
Level premium term life insurance features fixed premium rates that will never increase during the duration of predetermined terms of coverage.
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Ideally, the only time you withdraw or manage the money in a CD comes when its predetermined term expires and you close it out.
Ideally, the only time you withdraw or manage the money in a CD comes when its predetermined term expires and you close it out.
FIXED RATE MORTGAGE In a fixed rate term the mortgage interest rate is fixed for a predetermined term, and can not be renegotiated, except upon payment of penalty.
Unlike term life insurance policies, which expire after a predetermined term, whole life insurance policies remain in effect as long as the premiums are paid.
When it all boils down, there are basically two different types of life insurance options — those that exist for a predetermined term and those that last through your entire life.
The death benefit will be reduced by 50 % at the end of the predetermined term.
Unlike term life insurance policies, which expire after a predetermined term, whole life insurance policies remain in effect as long as the premiums are paid.
If the policyholder dies within the predetermined term, the policy beneficiary will receive a payout.
Whereas a whole life insurance plan provides coverage for the lifetime of the insured, term life provides coverage during the predetermined term of coverage.
Term life provides coverage for a predetermined term.
The insured, the owner of the policy, does not get back any of the premium paid out over the term coverage of a policy if the insured does not pass away within the predetermined term coverage time frame.
FIXED RATE MORTGAGE In a fixed rate term the mortgage interest rate is fixed for a predetermined term, and can not be renegotiated, except upon payment of penalty.