Sentences with phrase «purchase a term life insurance policy from»

Fortunately, you are not required to purchase a term life insurance policy from Haven Life — even after you submit an application and complete a medical exam.

If you choose to purchase a term life insurance policy from Kansas City Life and then decide you want to continue your coverage, you can convert all or a portion of your policy to permanent coverage with no proof of insurability.

Not exact matches

The death benefit of a whole life insurance policy stays the same for the life of the policy, unless you purchase additional coverage, and often ranges from $ 50,000 to several million dollars (similar to level term).

The death benefit of a whole life insurance policy stays the same for the life of the policy, unless you purchase additional coverage, and often ranges from $ 50,000 to several million dollars (similar to level term).

Life insurance can be purchased either as a permanent policy, covering your entire lifetime, or as a term policy, covering a certain period of time — anywhere from a year to 30 years.

These riders are regularly available on term and whole life insurance policies, so you shouldn't be restricted from purchasing the coverage of your choice.

For life insurance for mortgage protection you can purchase a 30 year life insurance policy from a company that is double A rated and competitive for longer length terms.

Term life insurance is purchased for a defined period; if you die within that period, your family will receive the money from your life insurance policy.

Think twice about purchasing a «discounted» term life insurance policy from your alma mater.

As an example, a properly structured cash value whole life insurance policy that is purchased from a mutual company, is one that has tremendous liquidity, low cost (majority of the cost is buying lifelong level insurance — not to be compared to term), no tax on the growth of the account, tax free loans, tax free withdrawals (up to basis), tax free to survivors, no contribution limits, no required withdrawals, is free from creditors, and has minimum guarantees.

When I started looking into life insurance, I had recently graduated from college and didn't have enough money to purchase a whole life policy, so I bought a term life policy.

You can almost always get much better rates by purchasing a 30 year term life insurance policy from just about any independent agent.

Renewable: Here, you can renew your term policy for another 10, 20, or 30 years depending on your age and the company from which you purchased the life insurance.

For example, Savings Bank Life Insurance Co. of Massachusetts offers a «common billing discount»: When two members of the household each purchase term life policies of $ 300,000 or more, their annual fees are reduced from $ 60 to $ 30 eLife Insurance Co. of Massachusetts offers a «common billing discount»: When two members of the household each purchase term life policies of $ 300,000 or more, their annual fees are reduced from $ 60 to $ 30 elife policies of $ 300,000 or more, their annual fees are reduced from $ 60 to $ 30 each.

Life insurance is known to be a «sticky» asset, meaning that once they buy a policy clients tend to hang on to it ---- and the advisor they purchased it from ---- for the long term.

Term life insurance gets its name from the fact that policies are purchased for a set period of time.

If these applicants are also purchasing a 30 year term life insurance policy, they will benefit greatly from it.

Depending on which life insurance company you choose to purchase a term policy from will determine the different lengths of term life that you can choose from but many carriers offer 5, 10, 15, 20, 25, and 30 - years.

Joe is interested in purchasing a 20 - year term policy with a face amount of $ 1,000,000 from the Banner Life insurance company.

To be honest, when I was sitting in our Farmers agent's office to sign up for auto and home coverage, having switched from Allstate Insurance, I never expected to purchase a 10 year term life insurance policy for my wife anInsurance, I never expected to purchase a 10 year term life insurance policy for my wife aninsurance policy for my wife and myself.

Does an insurance broker receive a salary?That's a dirty little secret the insurance industry does not want you to know, for fear it could kill the sale.If the public knew that general agent gets 120 percent or which I get 85 percent associated with first - year premium, that could be an eye - opener,» admits one life agent, who spoke on condition of anonymity.For example, why don't we say you purchased an entire, universal, variable life or term life policy from Ann and paid $ 1,000 in premiums the initial year.

Jane Doe is 40 - years - old and she is planning on purchasing a $ 500,000 20 - year term life insurance policy from Principal.

This is useful in a few instances, but the vast majority of people shy away from purchasing cash value insurance because the premiums are significantly more expensive than Indiana term life insurance policies.

Whether you purchased a private life insurance policy from an insurance carrier or are covered by an employer - sponsored group term life plan, death benefits are generally exempt from income taxes.

Life insurance can be purchased either as a permanent policy, covering your entire lifetime, or as a term policy, covering a certain period of time — anywhere from a year to 30 years.

Every situation is different, but usually, you wouldn't want to drop your life insurance, especially when disabled, since it is likely that whatever is keeping you from working will prevent you from purchasing another policy in the near term.

Another common fear that individuals have in purchasing a 30 - year term life insurance policy is that if they have health conditions, will that prevent them from not getting approved?

I purchased a term life policy from another insurance company, and this company bought the policy and converted it to a decreasing life police.

When I started looking into life insurance, I had recently graduated from college and didn't have enough money to purchase a whole life policy, so I bought a term life policy.

While many people who purchase life insurance will pay their premiums on either an annual or a monthly basis, there are other options for premium payments — options that can not only alleviate you from paying for coverage long - term, but can also help you to build up cash in the policy much more quickly.

You may know that your house will be paid off in 5 years, and you can drop a significant amount of insurance coverage at that point, but you want to lock in a policy now while you are healthy that will also last for a long time, you may want to get one short term term policy to cover the mortgage payment, and one longer term policy that will last until retirement or beyond to provide for living expenses (don't forget that reducing face «mortgage life insurance» policies also can be purchased from most insurers).

The death benefit of a whole life insurance policy stays the same for the life of the policy, unless you purchase additional coverage, and often ranges from $ 50,000 to several million dollars (similar to level term).

These riders are regularly available on term and whole life insurance policies, so you shouldn't be restricted from purchasing the coverage of your choice.

When purchasing a second to die life insurance policy, you should always stay away from term insurance.

No medical exam life insurance policies will allow you to purchase a term or whole life insurance policy without having to take a medical exam and can shorten the application process time from several weeks to just a few hours or days!

Which means, if you have a serious pre-existing medical condition or something else such as a felony conviction or a suspended driver's license that could potentially disqualify you from being able to purchase a traditional term or whole life insurance policy, a guaranteed issue can be a great «second» option.

As a life insurance agent, one of the first things I like to tell my clients is that no matter what I say to you, and no matter how badly you want to purchase life insurance from me today, the truth is, it's probably going to take about 4 to 8 weeks to get a fully underwritten term life insurance policy in place.

When selecting the term for your life insurance, make sure you purchase a term life insurance policy that lasts long enough to provide coverage until your youngest child graduates from college.

In the example above, Raj would have been able to purchase a traditional term life insurance policy from the same company for less than $ 50 dollars per month, but he would not receive all of his money back at the end of the term.

But you can purchase term life insurance for your children in the form of a rider on your policy from almost any company.

In term life insurance, you typically purchase a waiver of premium rider rather than the waiver being automatic as it is in a policy with the waiver built in and a cash value to deduct the premiums from.