Sentences with phrase «purchase yearly renewable»

Purchase yearly renewable term (YRT) or shorter term insurance (e.g., five - year term) if the client wants or needs to pay absolutely minimal initial premiums, but is willing to pay increasingly larger premiums each consecutive year (or at each renewal date) to keep the same level of coverage in force.

These policies have some whole life and the use dividends and premium to purchase yearly renewable term to make up the full face amount.

Consumers also have the opportunity to purchase a yearly renewable policy, or one - year level term and five - year term life insurance.

Often as a part benefit package, an employer purchases a yearly renewable group term insurance policy for its employees.

Not exact matches

In a two - year deal brokered with Green Mountain Energy, a renewable power and carbon offset retailer recently acquired by NRG Energy of New Jersey, the Empire State Building will purchase 55 million kilowatt - hours worth of renewable energy certificates annually — enough to cover its yearly electricity consumption.