Sentences with phrase «provide life insurance death benefits»

That $ 315, of course, is on top of a base premium of $ 6,760 per year for the whole life policy, which provides a life insurance death benefit and builds cash value for as long as you pay the premium.

Chances are, if you have been talking to a life insurance agent, he or she may have tried to sell you one of these products, heralding how it is the best of both worlds in that it provides a life insurance death benefit and has an investment component.

Not exact matches

As the name implies, term life insurance will provide a death benefit if an individual dies within the policy's term, up to 20 years typically.

This has the impact of providing you cash as well as reducing the life insurance policy's death benefit.

Permanent insurance, which includes whole life and universal insurance policies, is for life: It provides a death benefit for as long as you pay the premium, but also may include cash value that can be accessed during the insured person's lifetime.1

No medical exam life insurance is more expensive than fully underwritten coverage and typically provides fewer options, such as the ability to increase your death benefit or convert a term policy to permanent coverage.

We maintain broad - based benefits that are provided to all employees, including our 401 (k), flexible spending accounts, medical, dental and vision care plans, life and accidental death and dismemberment insurance policies and long - term and short - term disability plans.

Many people use a cash value life insurance policy to save for their retirement and to provide a death benefit to their beneficiaries.

However, permanent life insurance solutions that focus on providing lifetime guaranteed death benefits, such as these, are typically less expensive than other types of permanent life insurance that emphasize savings opportunities.

Indexed universal life insurance is similar to other universal life insurance in that it is a permanent life insurance policy that provides protection for loved ones — with a death benefit plus the potential for cash accumulation.

Lifetime Foundation is an innovative permanent life insurance product that provides a flexible death benefit guarantee that adjusts over time.

Lifetime Builder Elite is the next generation in indexed universal life (IUL) insurance, providing a cost - effective option for death benefit protection while offering the opportunity for significant interest crediting potential.

Lifetime Provider offers life insurance coverage that provides affordable death benefit protection, offers cash value growth that can help support the death benefit — or help out with life's unexpected events.

This new generation of indexed universal life insurance is... Built to be flexible: Lifetime Builder Elite is the next generation in indexed universal life (IUL) insurance, providing a cost - effective option for death benefit protection while offering the opportunity for significant interest crediting potential.

Potential buyers need to perceive the value of permanent life insurance as providing more than just a death benefit, he added.

While term life insurance and permanent life insurance policies provide a death benefit, they differ in many other respects.

In both examples, term life insurance would provide an ample death benefit to the beneficiaries at a much lower cost than permanent life insurance, which may not be within the financial reach of these buyers.

OPTerm policies are renewable and convertible term life insurance which provide a level death benefit.

Term life insurance is designed to provide death benefits to the named beneficiaries of the policyholder.

The Penn Mutual Guaranteed Choice Whole Life insurance policy is a participating whole life insurance policy designed to provide three guaranteed items: death benefit, cash value accumulation, and fixed premiLife insurance policy is a participating whole life insurance policy designed to provide three guaranteed items: death benefit, cash value accumulation, and fixed premilife insurance policy designed to provide three guaranteed items: death benefit, cash value accumulation, and fixed premiums.

Term life insurance is a life insurance policy that provides a death benefit to the policyholder's beneficiaries if that person dies within the specified «term» of the policy.

No medical exam life insurance is more expensive than fully underwritten coverage and typically provides fewer options, such as the ability to increase your death benefit or convert a term policy to permanent coverage.

This has the impact of providing you cash as well as reducing the life insurance policy's death benefit.

Gerber Life also provides whole life insurance for adults, with policy death benefits ranging from $ 25,000 to $ 150,Life also provides whole life insurance for adults, with policy death benefits ranging from $ 25,000 to $ 150,life insurance for adults, with policy death benefits ranging from $ 25,000 to $ 150,000.

Gerber's term life insurance also provides between $ 25,000 to $ 150,000 of coverage, and doesn't require a medical exam if you're under 50 or want a death benefit of up to $ 100,000.

A basic life insurance policy provides death benefits and is designed to cover loss of income, end - of - life expenses, funeral costs and other financial requirements your loved ones may have should you die unexpectedly.

If you have a life insurance policy, a payout of the death benefit is preceded by a claim providing a death certificate.

Both are permanent life insurance and both have the ability to be structured to provide either maximum death benefit protection or cash value accumulation.

Whereas, a life insurance contract is an asset that is designed (at least traditionally) to provide a death benefit to one's estate, an annuity is centered around converting a lump sum payment (or series of payments) into a stream of income for a fixed period (usually for life).

The former is a wealth building product that is designed to grow cash value within a life insurance policy whereas the latter is designed primarily to provide a permanent death benefit.

At its most basic, life insurance provides a sum of money, called a death benefit, to the beneficiary of a life insurance policy upon the death of the insured.

Life insurance provides an accelerated death benefit.

The death benefit provided by life insurance can replace these lost benefits.

Besides paying a income tax free death benefit to your beneficiary, life insurance provides several benefits to you, the owner and insured.

Term life insurance provides a death benefit to your beneficiaries if you should die during the number of years, or «term» you choose.

Haven Life's life insurance offering also provides an accelerated death benefit riLife's life insurance offering also provides an accelerated death benefit rilife insurance offering also provides an accelerated death benefit rider.

Irrevocable Life Insurance Trust: Typically used to shelter an insurance death benefit from estate taxes and may provide liquidity to pay estate taxes and settlemeInsurance Trust: Typically used to shelter an insurance death benefit from estate taxes and may provide liquidity to pay estate taxes and settlemeinsurance death benefit from estate taxes and may provide liquidity to pay estate taxes and settlement costs.

Life insurance policies in fact are so popular that earlier the product which was meant simply to provide death benefit, nowadays has started offering many different features which offer growth in investment, an opportunity to invest in the market, investments that are goal oriented and much more.

This type of policy has a number of benefits as a life insurance solution, and can be used as a savings and investment tool in addition to providing death benefits to your beneficiaries.

If you are considering permanent life insurance — such as whole life, universal life, or variable life insurance — you probably know that these types of policies provide both death benefits and cash value accumulation.

If stay - at - home parents have life insurance coverage and pass away, the life insurance death benefit would allow the surviving spouse to take much needed time off work to spend with the children and help pay for services that the stay - at - home parent lovingly provided.

While the primary purpose of life insurance is to provide a death benefit to those you leave behind, some life insurance policies have a cash - out value as well.

Permanent life insurance provides lifelong death benefit protection.

An innovative permanent life insurance product that provides a flexible death benefit guarantee that adjusts over time

Life insurance can help you plan for retirement, provide death benefits for your dependents, and even manage your tax legacy or plan your charitable giving.

With a number of ways to use the money that builds up in the cash value account, such as taking out a life insurance loan or paying insurance premiums, the flexibility these policies offer make them attractive to individuals looking to build up savings while at the same time securing insurance coverage providing leverage in the form of a death benefit payout.

Lifetime Assure universal life insurance is ideal if you're planning for the future and need a versatile insurance policy designed to provide death benefit protection.

When a loved one passes away, the insured's life insurance policy can provide a death benefit that helps family members to pay for medical payments, end - of - life expenses and funeral costs.

Lifetime Assure universal life insurance provides a number of advantages, including death benefit protection combined with guarantees in case of premature death, and cash accumulation that can help you meet many needs.

Lifetime Foundation is an innovative permanent life insurance product that provides a flexible death benefit guarantee that adjusts over time.