Sentences with phrase «premium period»

It is offered in guaranteed level premium periods of 5, 10, 15, 20, 25, 30 years as well as lifetime.

This plan offers the choice of a level premium period of either 10, 15, 20 or 30 years.

After a decade or so of shorter duration level premium term life insurance policies, companies began offering longer lock - in premium periods.

The level premium period generally refers to the length of guaranteed premiums for level term life insurance policies.

You can continue your coverage beyond the level premium period on an annually renewable basis to age 95.

Once eligible, the rider pays a benefit to age 65 or for the planned premium period.

Term life insurance with accelerated living benefits provides a death benefit with a fixed premium period typically 10, 15, 20, 25 or 30 years.

The Level - premium period lasts until your age 65.

That means they will offer sales and lower premium periods on occasions based on what the market needs most at that time.

A term policy conversion can be requested at any time within the duration of the guaranteed level premium period — up to the attained age of 70 — whichever comes first.

You can choose a level - premium period of 10, 15, 20, or 30 years.

The planned premium period is how the policy was issued based on the hypothetical illustration.

If you find yourself in the situation where your premiums increased because your guaranteed level premium period ended, you should consider buying a new term life or permanent life policy to replace your current life insurance.

Return of Premium (ROP) term life insurance combines the advantages of traditional term life insurance such as affordable, guaranteed level premium periods with a return of premium feature.

Premiums will increase annually after the initial level premium period which is normal for any term life insurance policy.

Coverage may also be continued beyond the level premium period by payment of increasing annual premiums, and the policy will continue to build cash value until the policy anniversary nearest the insured's 95th birthday when the cash value will equal the face amount of the policy.

After the 5 year or 10 year period, the premium increases to a new level, fixed premium.If you choose 5 year modified whole life, the increased premium will be less than if you extend the modified premium period out for 10 years.

The payments don't change for the guaranteed premium period since it's not for long term.

This Return of Premium Term policy offers a benefit where your out - of - pocket premiums are guaranteed to be returned to you at the end of your level - premium period provided you are still alive and your policy remains in force.

Typical premium periods are monthly, quarterly, semi-annually, or annually.

Aegon Life iCancer Insurance Plan combines waiver benefits with a longer premium period.

Premiums increase annually until age 105 once the original level premium period ends.

Lincoln LifeElements ® Level Term (2017) is term insurance with level premium periods of 10, 15, 20, or 30 years.

Level Premium Period The level premium period generally refers to the length of guaranteed premiums for level term life insurance policies.

Term life insurance is designed to provide death benefit protection for a specific number of years and Term Pro + is available with level premium periods in 10 -, 15 -, 20 -, 25 -, and 30 - year durations.

Refunds are not available should you terminate your account before your premium period is over.

A simple and powerful protection solution, Brighthouse Guaranteed Level Term was designed to provide predictability, with level premiums and coverage amounts guaranteed to stay the same for the level premium period you choose — 10, 15, 20, or 301 years.

Available in coverage amounts of $ 1 million or more, with premiums guaranteed to stay the same throughout the level premium period.

Your Premiums Won't Change With Brighthouse Guaranteed Level Term, your premiums will not increase during your level premium period — whether a 10, 15, 20, or 301 year term.

Premiums Won't Change With Brighthouse Guaranteed Level Term, premiums will not increase during your clients» level premium periods — whether a 10, 15, 20, or 301 year term.

A simple and powerful protection solution, Brighthouse Guaranteed Level Term was designed to provide predictability, with level premiums and coverage amounts guaranteed to stay the same for the level premium period your client chooses — 10, 15, 20, or 301 years.

Their Rapid Decision term product offers a choice of 10, 15, 20 and 30 year guaranteed level premium periods.

GLT is available in four level premium periods — 10, 15, 20 and 30 years — with guaranteed level premiums for the full term of coverage.

Keeping the term coverage — at least through its level premium period — will also oftentimes be the most affordable route.

Level Premium Insurance - life insurance policy for which the cost is equally distributed over the term of the premium period, remaining constant throughout.

The Select - A-Term policy is also fully convertible, meaning that this policy can be converted over into a permanent life insurance policy at any time, up until the end of the policy's level premium period, or up to the insured's age 70 — whichever of these events come first.

Convertible for the duration of the guaranteed level premium period or up to attained age 70, whichever comes first.

Conversions can be requested anytime within the duration of the guaranteed level premium period, up to attained age 70, whichever comes first.

Also, these term policies are fully convertible to a permanent life insurance policy — up to the end of the level premium period (or the insured's age 70, whichever occurs first).

Gives you the option to surrender your policy for cash value at the end of the level premium period

Full convertibility to a permanent life insurance policy of the company's choosing, up to the end of the level - premium period or age 75 of the insured, whichever comes first.

Products: SBLI Level Term life insurance is term life insurance that assures policyholders will pay the same premiums throughout their chosen level premium period.

The terminology «Re-entry» is identified as the allowance intended for level premium term plan proprietors to qualify for the next level premium period, generally by a new confirmation of insurability.

As term policies come with different guaranteed level premium periods, it is easy to match the need with the coverage amount.

The level premium period may be extended beyond the initial level benefit period, however the face amount will begin to decrease annually until it reaches $ 10,000, at which point premiums will begin to increase.

The level premium period, which begins in year 6, may be extended beyond the initial level benefit period, however the face amount will begin to decrease annually until it reaches $ 10,000, at which point premiums will begin to increase.

The policy is convertible to the lesser of level premium period (LPP) or to the first policy anniversary on or after your 65th birthday, but at least 5 years.

Premiums increase annually after the initial guaranteed premium period.

* Premium for a 30 year old male, Select Preferred Non-Tobacco rate, 10 year initial guaranteed premium period.