Sentences with phrase «principal breadwinner»

The family package policy consists generally of some level of ordinary whole life insurance on the principal breadwinner, half that amount in term insurance on the spouse, and about half that amount again of term insurance on each of the children.

It generally provides whole life insurance on the principal breadwinner and small amounts of term insurance on the spouse and children, including those born after the policy is issued.

After the business failed, he became a public school teacher until his wife, also a teacher, agreed to be the principal breadwinner, freeing him to paint.

For many families, it is the most «affordable» form of long - term coverage on the principal breadwinners.

Not exact matches

Similarly, decreasing term policies are often used to pay off the mortgage on the family's principal residence in the event of the breadwinner's death.