Sentences with phrase «premiums than guaranteed»

We often approve them with life products that are better overall and offer lower premiums than guaranteed issue life insurance.

Not exact matches

Similarly, guaranteed acceptance whole life insurance offers the ability to skip detailed health questions and the medical exam, but premiums will be even higher and the death benefit will be limited (typically less than $ 100,000).

Carrying a lower premium than the American Platinum Eagle yet, still bearing the guarantee of weight and purity by the Canadian Government, the 1 oz Canadian Platinum Maple Leaf is a great option for you to hold your wealth in.

Other than this, we also guarantee 24/7 online customer services, premium quality assignment, good grades, 0 % plagiarism as well as on - going discounts and freebies.

Indexed annuities are designed specifically to create the possibility of higher interest earnings than traditional fixed rate products and to protect premium (sometimes called principal) from loss due to market downturns, all the while creating a reliable, guaranteed lifetime income.

Since the insurer is guaranteed to pay a death benefit to your beneficiaries so long as all premiums are paid, permanent life insurance rates are significantly higher than those for term life insurance.

The Grow - Up Plan's cash value grows at a guaranteed rate over time so that, after 25 years, it should equal or be greater than the amount you've paid in premiums.

Term life insurance allows you to leverage a relatively small monthly premium for a large guaranteed death benefit with a lower initial cost than permanent life insurance.

Similarly, guaranteed acceptance whole life insurance offers the ability to skip detailed health questions and the medical exam, but premiums will be even higher and the death benefit will be limited (typically less than $ 100,000).

Since the insurer guarantees a lower interest rate and offers a range of premiums, universal life insurance policies are typically less expensive than whole life insurance policies.

In fact, the guaranteed cash value isn't greater than the paid premiums until year 57!

Keystone Term life insurance allows you to leverage a relatively small monthly premium for a large guaranteed death benefit with a lower initial cost than permanent life insurance.

Note: Variable life insurance policy values are not guaranteed, will fluctuate based on performance of the underlying investments, and may be worth more or less than the premiums paid.

2 The adjusted total premium is the initial single premium plus any underwritten increases, less any partial surrenders and any applicable surrender charges in excess of policy gain and any loans and accrued loan interest, The death benefit guarantee will not apply if the sum of any outstanding loans plus accrued loan interest is greater than the policy's cash value, The death benefit guarantee will not apply if the sum of any outstanding loans plus accrued loan interest is greater than the policy's cash value.

This is really more of a clarification than an objection, given the fact that paying the premium buys you a product... a guaranteed return on investment, death benefit, dividends, etc..

A note of caution: if you miss a scheduled premium or pay less than the total premium due, you may lose the guaranteed death benefit.

Jeremy Hallett, founder of online insurance marketplace Quotacy, said in an interview that premiums are typically 10 times higher for whole life policies than they are for term life policies with the same death benefit because permanent insurance provides coverage for life with guaranteed level premiums.

So, if the option premiums paid are cumulatively greater than the guaranteed minimum return, the product should return more than the minimum on average — but likely not much more on average.

UL policies typically have fewer guarantees than whole life coverage, so you must be careful to manage your premium payments and any distributions taken to ensure that your policy remains active.

With this feature, premiums may be higher than normal, but as long as they're paid, your policy won't lapse during the guarantee period.

If you can qualify for a simplified whole life policy, you'll be able to secure a larger coverage amount (up to about $ 50,000) for a lower monthly premium than you would with guaranteed life insurance — so it's well worth it to fill out that medical questionnaire.

If you know that the cost of replacing your bike will be more than $ 3,000, consider a separate rider — extra insurance that adds a few bucks to your yearly premium, but guarantees loss coverage of a particular item.

If you can qualify for a simplified whole life policy, you're likely to get a higher benefit amount at a lower monthly premium than you will with guaranteed life insurance.

Those aren't terrible prices to pay for premium cabins on the likes of JAL or Cathay Pacific but, once again there's no guarantee you'll find award availability on dates where cash fares are higher than that cost.

-- Third - tier members (aka the status given to credit card holders) are really getting screwed: ** no longer receive upgrades to a higher room type than they booked ** no guaranteed availability ** no late checkout ** 10 % points bonus instead of 15 % ** No premium internet access — Second - tier members are now specifically excluded from being upgraded to club - level floors.

Return of premium term life insurance (ROP) is a type of life insurance policy that offers a guaranteed refund of the life insurance premiums if you live longer than the term period.

The first thing you need to know, and probably have already guessed, is that the premiums for guaranteed issue life insurance are higher than for fully underwritten policies.

Universal life insurance is typically less expensive than a Whole life insurance, but can still be structured to provide level premiums and guaranteed death benefits for life.

Joint term 30 life insurance policies offer guaranteed premium levels, but for 30 years rather than 10 or 20.

With guaranteed issue life insurance policies, because there is no medical exam or underwriting, insurance companies have no information other than the applicant's age and gender on which to base the premiums.

It is important to note that because the applicants for guaranteed issue life insurance are typically those who have health issues, the premiums for these policies are much higher than those of traditional life insurance plans.

The premiums for guaranteed universal life insurance policies will be less expensive than whole life insurance, coverage amounts are flexible, and a guaranteed universal life insurance policy can be structured to provide final expense coverage up to age 90, 95, 100, and even 121 years of age.

However, because acceptance is guaranteed, the premiums may be more expensive than traditionally underwritten life insurance policies.

This type of policy is typically less expensive than Whole Life Insurance, and can be structured to deliver level premiums and guaranteed death benefit... for life.

If you are looking for a permanent life insurance policy where you are guaranteed to never give the insurance company premiums that are equal to or less than the total death benefit, that does not exist.

Some permanent life insurance products cost significantly more than a guaranteed universal life policy, because a good amount of the premium is going towards building up cash value in the policy.

However, the premiums would be much higher than that of a guaranteed issue policy from the top 3 companies listed below.

For products with a premium paying term of less than 10 years, the guaranteed surrendered value will be given, provided premiums have been paid for two consecutive years.

More common than annual renewable term insurance is guaranteed level premium term life insurance, where the premium is guaranteed to be the same for a given period of years.

LifeScape Term 350 Plus — This fully underwritten policy is a guaranteed premium policy with much higher benefits than NonMed Term 350, but a medical screening is required.

Its guaranteed level premium is lower than most companies» final expense plans, but approval is subject to certain requirements and a detailed health questionnaire.

UL policies typically have fewer guarantees than whole life coverage, so you must be careful to manage your premium payments and any distributions taken to ensure that your policy remains active.

If someone does have a permanent need, which is a small percentage of the time, a guaranteed universal life policy which functions as a life long guaranteed premium term policy makes sense as it will have a lower premium than a whole life policies.

The insurance company adds up the number of term premiums that will be required on the policy in total, divides by the number of years for which a level premium is guaranteed, discounts for the time value of the money using the interest rates available at the time, and charges the resulting level premiums rather than the actual yearly renewable term rate.

However, you can probably find guaranteed universal life insurance, which offers a fixed premium, for less than whole life insurance.

In fact, the guaranteed cash value isn't greater than the paid premiums until year 57!

However, guaranteed issue life insurance generally offers low death benefit options with higher than normal premiums.

If you can qualify for a simplified whole life policy, you're likely to get a higher benefit amount at a lower monthly premium than you will with guaranteed life insurance.

If you can qualify for a simplified whole life policy, you'll be able to secure a larger coverage amount (up to about $ 50,000) for a lower monthly premium than you would with guaranteed life insurance — so it's well worth it to fill out that medical questionnaire.

Guaranteed life insurance typically has a much smaller death benefit than term or permanent life insurance, but will be issued few - questions - asked so long as you can pay the premium.