Sentences with phrase «purchased type of life insurance»

Term life insurance is the most commonly purchased type of life insurance on the market.

Term life insurance is the most commonly purchased type of life insurance on the market.

If you have a health condition that prevents you from purchasing another type of life insurance policy or you need to get coverage quickly, a guaranteed issue policy might be right for you.

Your most important first step to purchasing any type of life insurance is to collaborate with an independent life insurance agent.

It sounds like it's too late for you to purchase any type of life insurance for your husband which would be helpful.

By purchasing this type of life insurance families can ensure that they never have to risk losing their home as well as their loved one.

This waiting period is referred to as a graded death benefit and is certainly the biggest disadvantage associated with purchasing these types of life insurance policies.

When purchasing any type of life insurance, it's always best to work with an agent that can answer all your questions over the phone.

This, of course, is a key consideration when purchasing any type of life insurance, as you want to ensure that survivors will have enough proceeds to pay off debt, replace income, or take care of the financial task that the coverage was intended to perform.

Before purchasing any type of life insurance, it pays to understand the pros and cons of the kind of policy you are considering.

Almost anybody can purchase some type of life insurance policy that meets their budget and goals.

Not exact matches

Annual renewable term life insurance (ART) is a type of term life insurance policy that allows you to purchase one year of coverage at a time.

Had the individual purchased permanent life insurance, he or she could have access to a potentially significant source of supplemental retirement income in the future (depending on the policy type), while preserving the death benefit in perpetuity (note, however, that the death benefit and cash value of a policy is reduced in the event of a loan or partial surrender, and the chance of lapsing the policy increases).

While there are several types of life insurance, the most commonly purchased types of policy are whole and term life insurance.

There are two basic types of life insurance you can choose from when you purchase a policy:

Because key person insurance is simply life insurance that insures the company against the loss of a key business partner or key employee, the decision to purchase key person insurance necessitates some choices about the type of insurance that is most beneficial.

When purchasing life insurance coverage, it is important to determine what type of policy — as well as how much in death benefit (face amount)-- will be right for you and your survivors.

This is a greatly simplified example: The numbers will vary significantly depending on the life insurance company, the type of policy you purchase and, in some cases, current interest rates.

Two types of universal life insurance: The «Single - Premium» universal life policy can be purchased with a single lump - sum payment.

The cost and availability of the type of life insurance that is appropriate for you depend on factors such as age, health, and the type and amount of insurance purchased.

If you are considering purchasing a life insurance policy, you owe it to yourself and to your loved ones to get the facts and choose the right type of life insurance for your situation.

Remember that the cost and availability of life insurance depend on factors such as age, health, and the type and amount of insurance purchased.

This type of trust is often established when life insurance is purchased to protect an estate.

Before purchasing a no exam life insurance policy, though, it is important to make sure that you are moving forward with the right type and amount of protection.

When choosing a life insurance policy, it is essential to ensure that you are getting the right type and amount of coverage, and also to make sure that the insurance company you are purchasing from is strong and stable financially, and that it also has a good reputation for paying out it insurance claims.

For certain individuals, it may be more prudent to purchase a term life insurance policy with lower premiums for a fixed amount of time and take the difference in savings between the two policies and invest in different types of stocks, bonds and mutual funds which may lead to higher returns and a more diversified portfolio.

This important whole life insurance policy is typically purchased to cover the cost of a funeral and burial and, sometimes, other expenses that must be paid to close an estate, such as credit cards and other types of small loans or bills.

Another major factor influencing your life insurance costs is the type of policy you purchase.

Term life insurance is going to be the most affordable type of life insurance to purchase as a senior.

When purchasing income protection, consider what other types of life insurance you need as well, such as life cover and total and permanent disability cover.

Civilians are not eligible for membership, but they can purchase life insurance and some types of investment accounts with USAA.

When purchasing a final expense life insurance policy, it is important for an applicant to determine the type of coverage that they need — term versus permanent — as well as the amount of coverage that will be appropriate for their specific needs.

When purchasing trauma cover, consider what other types of life insurance you need, such as life cover, total and permanent disability cover and income protection.

Many of the best term life insurance policies offer options called riders, which can be added on to your existing policy or be purchased separately (depending on the rider type).

As of 2011, whole life policies purchased rose to 31 % of all life insurance policies, making them one of the most popular types of permanent life insurance.

If you're interested in purchasing a life insurance policy to provide financial protection for your family after your death, this type of policy may be more than you need.

When you are considering the purchase of a life insurance policy, it is vital to ensure that you have the right type and amount of protection for your specific needs.

Since you are looking to purchase life insurance to grow cash value, then the most important considerations will be product design, carrier strength and type of permanent product.

Deciding which type of life insurance policy to purchase can seem daunting at first due to the terminology, legal requirements and explanations of various benefits.

There are basically two types of life insurance available for purchase.

The KBW Insurance ETF and Dow Jones Insurance Index Fund purchase common stock in insurance companies of all types: property and casualty, life insurance, personal and commercial, and insurance brokerage cInsurance ETF and Dow Jones Insurance Index Fund purchase common stock in insurance companies of all types: property and casualty, life insurance, personal and commercial, and insurance brokerage cInsurance Index Fund purchase common stock in insurance companies of all types: property and casualty, life insurance, personal and commercial, and insurance brokerage cinsurance companies of all types: property and casualty, life insurance, personal and commercial, and insurance brokerage cinsurance, personal and commercial, and insurance brokerage cinsurance brokerage companies.

It does not appear that you purchased your life insurance through a TermLife2Go agent so unfortunately, we're not sure how we can help you out since we don't know what «type» of life insurance policy that you purchased.

Wisconsin Term life insurance is the most common type of life insurance that we see people purchase.

Today, life insurance buyers have a wide array of choices in the type of coverage that they can purchase.

In other words, purchase two different types of insurance (some term life and some lifetime guaranteed coverage) depending on what your real needs are.

The type and the amount of life insurance that is available to an applicant who is over the age of 50 may also depend in large part on the insurance company that you are purchasing the coverage through.

Postponing a life insurance purchase past age 70 will limit the type of life insurance coverage that is available.

If you're a smoker or use virtually any type of tobacco products and you have purchased life or health insurance in the past, you must know by now that your tobacco use will cost you an additional tobacco rate when you buy these types of insurance products.

Guaranteed Term Life Insurance — For this type of policy the premium you will be paying is guaranteed to remain unchanged for the length of the term you purchase.

The primary ingredients built into a life insurance premium are your age, sex, health, and type of policy you purchase.