Sentences with phrase «purchased types of policy»

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

On average, companies are legally required to purchase this type of policy once they reach or exceed 3 full - time employees including owners.

Because it is more expensive it is common for people who purchase this type of policy to be in a higher income bracket.

You can save a lot of money by purchasing both types of policies from a single insurance company.

This short overview of the scope and application of Tenant's Policy highlights the most important things to keep in mind if you are considering purchasing this type of policy.

If you purchase this type of policy, your premiums increase every year.

If you purchase this type of policy and then buy a car, you must notify the insurance company and the vehicle will need to be added to your existing policy.

Many homeowners also purchase this type of policy to cover a mortgage or another loan.

Typically, purchasing this type of a policy will cost less than obtaining two separate life insurance policies.

Endowment life insurance might sound like a dream come true, but it's important to carefully consider all of your options before you purchase this type of policy.

The only requirements for purchasing this type of policy are that you can pay the monthly premiums, are a U.S. citizen and are able to legally enter into a binding agreement.

Because many of the benefits of variable life insurance are wholly dependent on your ability to invest successfully, you should be absolutely certain that you understand all implications before purchasing this type of policy.

Before purchasing this type of policy, we advise you to speak to an experienced life insurance professional.

If you purchase this type of policy, you get the features of variable and universal life policies.

However, policyholders should carefully assess the risks before purchasing this type of policy.

When you purchase this type of policy, you will also have protection for the things that you own that will be kept in the property.

One of our clients recently purchased this type of policy with the intent of the death benefit to be used to provide future living expenses for a disabled autistic child.

It's theoretically possible for you to purchase these types of policies, while literally laying on your death bed!

Individuals should analyze the amount of life insurance that they need before purchasing any type of policy.

In addition, individuals should take stock of their real reasons for purchasing this type of policy.

Nevada residents purchasing this type of policy get both personal property and personal liability coverage.

A good idea would be to take the money that you save from purchasing this type of policy and putting some of it aside.

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).

more likely to purchase different types of insurance products from the same provider than actively disengaged policy owners.

A youth sports organization of any type should purchase at least four different insurance policies, which are the following:

Support success tip: Before committing to buy specific technology, talk to the principal and the district technology coordinator — they'll have a sense of what type of tech the district is moving toward as well as any policies the PTO must follow to donate money for those purchases.

Add a photo of your vehicle and track things like VIN, Year, Make, Model, License Plate, Oil Type, Tire Size, Date Purchased, Price Paid, Initial Mileage, Insurance Company, Policy Number, and add all the extra notes you want.

In general, they have a policy of not allowing super-sexy comics or other material for in - app purchase (violence seems to get a pass), perhaps because they see different audiences for the two types of reading — and it may be that younger readers are more likely to use in - app purchases than the grownups.

Almost all of the quote calculators online generate some version of an HO - 3 policy form, the most common type of policy purchased.

However, you will need to purchase additional insurance if you plan to go to Mexico, as this country does not accept most types of foreign insurance policies.

While not required otherwise, anyone renting any type of residence long - term — be it an apartment or single - family home — should strongly consider purchasing a renters insurance policy.

This type of insurance product can be purchased as a separate policy or as an endorsement.

When you purchase a policy, you will select coverage amounts for three different types of coverage:

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

Women purchasing policies to cover maternity leave find this type of comparison most valuable.

Which means that you made the decision to get your life insured, that way, if you develop some type of health condition that would either make it impossible or cost prohibitive to purchase another policy, you can always convert your term policy to permanent coverage, regardless of your health condition.

You will need to purchase a different type of policy and / or policies to ensure you have the appropriate coverage.

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.

One of the perceived types of risk is «last second» policy purchases.

For example, if you're borrowing money from a mortgage lender, they may dictate the type of policy you must purchase — usually an HO - 3 policy.

With this type of policy, buyers can feel confident purchasing a new home years before they would have otherwise been able to, even with a small down payment.

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.

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.

Concerning these types of policies, the additional benefit rider is usually a wise purchase in order to obtain maximum guarantees.

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.

Additionally, they can be one of the most confusing types of policies that you can purchase.