Sentences with phrase «rather than a term life insurance policy»

That said, if you are concerned with the cash surrender value, a whole life insurance policy (rather than a term life insurance policy) is implicated.

Not exact matches

Yes, but you neglect to consider that the money you save by opting to go with term insurance can be invested, and you'll probably be out way ahead with that money for your beneficiaries and heirs rather than if they wait for you to die and collect their benefits through a whole life policy.

Therefore, if you're shopping for life insurance and being pitched whole life (or currently have a whole life policy), compare the cost to a 20 or 30 year term policy, and discuss your decision with a financial planner, rather than just your insurance agent.

Taking out a term life policy becomes more expensive as you get older, so it is important to review term life insurance quotes and options sooner rather than later.

So rather than choosing a yearly renewable term life insurance policy, choose a 10 year term for the same price over the length of time you need the coverage.

Rather than carry a life insurance policy in perpetuity, term insurance makes it easier to evaluate your situation and the ups and downs you will experience at various stages of your life.

Whole life insurance is a permanent * cash value policy that provides coverage for your whole life, rather than for a specified term.

Yes, but you neglect to consider that the money you save by opting to go with term insurance can be invested, and you'll probably be out way ahead with that money for your beneficiaries and heirs rather than if they wait for you to die and collect their benefits through a whole life policy.

New York Life Insurance Company is the largest mutual life insurance company in the U.S. 1 Being mutual means our primary focus is on creating long - term financial safety and stability for our policy owners, rather than the short - term gains favored by Wall StrLife Insurance Company is the largest mutual life insurance company in the U.S. 1 Being mutual means our primary focus is on creating long - term financial safety and stability for our policy owners, rather than the short - term gains favored by WalInsurance Company is the largest mutual life insurance company in the U.S. 1 Being mutual means our primary focus is on creating long - term financial safety and stability for our policy owners, rather than the short - term gains favored by Wall Strlife insurance company in the U.S. 1 Being mutual means our primary focus is on creating long - term financial safety and stability for our policy owners, rather than the short - term gains favored by Walinsurance company in the U.S. 1 Being mutual means our primary focus is on creating long - term financial safety and stability for our policy owners, rather than the short - term gains favored by Wall Street.

Rather than having to buy an individual long term care insurance policy, as of 2009 you can buy life insurance with a long term care rider instead, opening the market up to more LTC retirement planning options.

A planned gift can be as simple as naming Homeward Pet as a beneficiary in your will or life insurance policy, or transferring long - term appreciated stock to Homeward Pet directly (rather than selling it and donating the after - tax proceeds).

Diabetics may also find better ratings applying for a permanent type policy, such as whole life insurance or universal life insurance rather than term.

Joint term 30 life insurance policies offer guaranteed premium levels, but for 30 years rather than 10 or 20.

(Please note most people use some sort of permanent policy for estate planning needs, rather than term life insurance).

And just like the example above, when looking at the price tag of a 20 or 30 year term life insurance policy, in some situations, the grandparent will simply elect to take the slightly more expensive cash value whole life insurance option rather than saving a few bucks and choosing a term life insurance policy for their grand kids.

The premiums for a return premium term life plan are usually higher than for a regular level term life insurance policy, since the insurer needs to make money by using your premiums as an interest free loan, rather than as a non-returnable premium.

What some people do if they need to quit smoking is only purchase a 10 or 20 year policy rather than 30 year term life insurance, since their plan is to replace it a year later.

All of the information has made it clear that it makes more financial sense to buy an inexpensive term insurance rather than on a whole life insurance policy.

In cases like these that have the potential to become more complicated later on down the road, many times the «business» will elect to take out a permanent cash value life insurance policy, such as indexed universal life, on the individuals in question rather than try to make predictions on which term length would be most appropriate.

Rather than buying a new term life policy for five or more years, you could opt for annual renewable term life insurance, where you decide each year whether to continue coverage.

A whole life insurance policy will cover you and protect your family for your entire life, rather than a fixed term.

The premiums for a return premium term life plan are usually much higher than for a regular level term life insurance policy, since the insurer needs to make money by using the premiums as an interest free loan, rather than as a non-returnable premium.

And remember that most joint life insurance policies are permanent policies (rather than term).

Taking out a term life policy becomes more expensive as you get older, so it is important to review term life insurance quotes and options sooner rather than later.

We're going to need to pursue an «alternative life insurance policy» rather than your typical fully underwritten term or whole life insurance policy or simplified issue life insurance policy.

You can switch to a life insurance policy with guaranteed features and interest rates (rather than assumed interest rates) or to a term life policy.

Sells term life insurance policies via «networking» rather than through full - time agents who make a career of selling life insurance.

Whole life insurance is designed to protect the policy holder for a lifetime, rather than just for a term.

Rather than getting one big term life insurance policy that lasts a long time, the ladder strategy stacks multiple smaller life insurance policies of different lengths to save money and offer a decreasing amount of coverage.

If you have not yet purchased life insurance, you may make this tough choice easier in the future by purchasing several smaller term life policies rather than one large policy.

Start your term life insurance policy sooner rather than later (age), buy only what you need (amount of coverage and term), compare pricing (company) and get healthy (rating class) and you'll be on your way to getting affordable life insurance coverage.

As you already learned, a guaranteed life insurance policy is a no medical issue life insurance policy and you are guaranteed coverage and a guaranteed issue term life insurance policy is the same thing except the difference is that a term life policy will only allow you to stay covered for a short and specified period of time rather than being covered for your entire life.

Rather than deplete your assets and leave a diminished legacy to your loved ones, your term life insurance policy can take care of your debt so that your family receives the full amount that you planned to leave them.

For example, if paying lower premiums through the course of the policy while still having an adequate death benefit is more important to you than receiving you returned premiums, you might want to consider a traditional term life insurance policy rather than a return of premium policy.

Disclaimer, I don't consider the life insurance policy as a good investment option because of least return.Rather than, I refer you to buy a term insurance policy rather than endowment policy.

Rather than having to buy an individual long term care insurance policy, as of 2009 you can buy life insurance with a long term care rider instead, opening the market up to more LTC retirement planning options.

As an example, if you have life insurance to pay off your mortgage so that your family can remain in your home should something happen to you, but your mortgage balance will be paid off in ten years, then it may make sense to cover that need with an inexpensive term policy rather than a more costly whole life insurance plan.

Nevertheless, for most people it is recommended that qualified applicants procure a standard term or perm life insurance policy rather than an accidental death policy.

Some life insurance companies offer a decreasing term life insurance policy which provides for the eventuality where ones need for life insurance is more likely than not to decrease rather than increase.

So rather than choosing a yearly renewable term life insurance policy, choose a 10 year term for the same price over the length of time you need the coverage.

When looking for any type of insurance, rather than simply choose the company that offers the lowest term life insurance quotes, it is important to understand the company you choose to back your policy.

Depending on what day your birthday falls on when you are applying for life insurance, Mutual of Omaha might offer the best term life insurance policy simply because the company offers rates based on your actual age rather than your life insurance age.

If you're planning to use life insurance in your funeral plan, you'll want to get a permanent policy, rather than a term life policy.

Rather than buying a permanent insurance policy you can dip your toes into the market with a term life option.

When you purchase life insurance at 35, you're most likely going after a term life insurance policy rather than a whole life insurance one.

Choosing a private insurance policy also gives one the freedom to purchase a whole life policy rather than a term life policy if they so choose.

You may choose pure death coverage by buying a term policy and investing funds on the side in a separate savings account rather than pay the fees associated with whole life insurance.

If you have any major health concerns, then you may want to think about a guaranteed issue life insurance policy rather than a whole or term life insurance policy.

A prospective policyholder can save more money by converting when policy needs have changed rather than waiting to the very end of your term life insurance policy.

The major difference between term life insurance and GUL insurance is that a GUL insurance policy provides coverage until a set age rather than a fixed number of years.