Sentences with phrase «rather than life insurance»

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.

It is thus in effect a health insurance policy rather than a life insurance one.

Rather than the life insurance company pay the normal lump sum death benefit, with the IPO you choose how much and for how long your beneficiary receives monthly or annual payments.

You'll also need to review withdrawal options and fees, in the case that you end up using this investment for retirement rather than life insurance.

It is so basic it should probably be called «death insurance» rather than life insurance, since your primary benefit is that it will pay out a death benefit to your beneficiary.

Hybrid products also open up opportunities to introduce new distribution channels to the business via producers who might prefer to sell benefits such as long care rather than life insurance, Reynolds indicated.

Not exact matches

More from Investor Toolkit: More investors like passive investments Buy life insurance sooner rather than later

What's called «final expense life insurance» can be a smart way to ensure you're taking care of your own expenses rather than leaving someone else to settle your final debts.

An Indexed Universal Life (IUL) insurance policy functions similarly to a standard universal life policy, except that it accumulates value through investments in a stock market index rather than the typical low - risk investments that most dividend - paying policies use to gLife (IUL) insurance policy functions similarly to a standard universal life policy, except that it accumulates value through investments in a stock market index rather than the typical low - risk investments that most dividend - paying policies use to glife policy, except that it accumulates value through investments in a stock market index rather than the typical low - risk investments that most dividend - paying policies use to grow.

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.

He may feel anxious about upcoming expenses, your health insurance coverage, the pain that you'll feel during pregnancy or delivery, what life will be like with three rather than two, and the effects of pregnancy on your sex life.

In fact if I had the choice, from an insurance perspective, I'd be delivering in Spokane in a heartbeat because I'd prefer to have a NICU available on site, rather than a life - flight away.

Sometimes couples may only seek a legal separation rather than filing for divorce, which will allow the parties to live both separate and apart while still enjoying the legal benefits of marriage such as continuing healthcare or insurance coverage.

Personally, I'd rather worry about Nick than the cops breathing down my neck the rest of my life, although there is a subplot involving a life insurance policy that neither party claims to know anything about, further confusing the motives.

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.

You wouldn't rather start your life over than have Missouri renters insurance, would you?

We relied on others to decide on the coverage they thought suited us best — governments, employers, even my mother, who used life insurance rather than savings to pay for her funeral.

Instead of «loan life insurance,» why not consider a general life insurance policy, which can provide your family a means to handle any of your remaining debts and expenses when you pass; rather than being applied to only one specific loan, general life insurance can be used for any expenses your family needs.

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 tap into your savings, you can tap into your life insurance death benefit.

Generally, for tax and asset protection purposes, it is better strategy to have the ILIT purchase the life insurance rather than transferring an existing policy to it.

If you're just interested in an add on, rather than a stand alone policy, then your goal may be to locate the best permanent life insurance company.

Another bonus is that in that situation, you don't have to find representation — the insurance company generally takes care of that, as well, so you can focus on living your life rather than all the nuances of defending against a claim like that.

You receive what remains, but you no longer have life insurance if you surrender and cancel the policy rather than just accessing the cash in the account.

Another way a life insurance loan is superior to a home equity line of credit is that the loan can occur in a few short days rather than having to wait weeks or months.

Stock life insurance companies, on the other hand, are owned by their stockholders, who vote for the officers of the company, rather than by their policyholders.

Oregon renters insurance pays for the damage to your personal property as well as your additional living expenses, and then it's your insurance company's problem to collect from the driver rather than yours.

Because the death benefit amount of your cash value life insurance policy may change over time as its cash value grows, make sure to specify a percentage of the proceeds to go to your beneficiaries rather than selecting a dollar amount.

So much so that more financial consumers say they would rather leave behind family photos (54 %) than a death benefit from a life insurance policy (49 %), according to a new survey from Life Happlife insurance policy (49 %), according to a new survey from Life HappLife Happens.

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.

As a general rule, if you're looking to buy life insurance you're much better off going with term life insurance, rather than whole life.

In order to compare the «cheapest» options, rather than using whole life insurance for Canada, we've used Term to 100.

Rather than deep diving into the various types of life insurance policies, this article will keep a more general focus on the idea of accruing cash within a policy.

In the event of a covered loss, Alaska renters insurance will pay for loss of use of the apartment, so you're able to cover the additional living expenses rather than having them come out of pocket.

An Indexed Universal Life (IUL) insurance policy functions similarly to a standard universal life policy, except that it accumulates value through investments in a stock market index rather than the typical low - risk investments that most dividend - paying policies use to gLife (IUL) insurance policy functions similarly to a standard universal life policy, except that it accumulates value through investments in a stock market index rather than the typical low - risk investments that most dividend - paying policies use to glife policy, except that it accumulates value through investments in a stock market index rather than the typical low - risk investments that most dividend - paying policies use to grow.

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.

Business Life Insurance: Life insurance purchased for business rather than personal Insurance: Life insurance purchased for business rather than personal insurance purchased for business rather than personal purposes.

Key person life insurance policies are taken out by companies on their employees, with death benefits that are paid to the company, rather than to the insured person or to their estate or heirs.

Rather than try and decipher the different financial ratings, EbixExchange decided to create a composite index, which takes the average percentile of the different life insurance company's financial strength ratings assigned by the different rating services, A.M. Best, Standard & Poor's, Moody's Investors Service and Fitch.

Generally, younger individuals who wish to preserve their insurance benefits and cash value will be better off taking out policy loans rather than withdrawing cash from a whole life policy, assuming they believe they have the means to pay off the loan.

Select a specific beneficiary rather than having the proceeds of your life insurance paid to your estate.

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

Endowment insurance is typically best used by those who are looking for the combined benefit of both life insurance and potential future payouts, rather than heavily relying on one aspect.

You may also save on insurance if you're in a stable relationship — for instance, living with a partner rather than listed as single.

We prefer to have our premiums as low as possible and rather than build up money in our insurance accounts, we'd rather use the savings we get from the lower term life premiums to invest elsewhere ourselves.

Some people do not have enough cash to get a life insurance policy or Perhaps, they are more concerned on what they can use to provide their «wants» rather than «needs».

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.

Finally, even if you decide that this approach of combining an annuity with conventional investments makes sense, you would still want to consider such prudent steps as shopping around to make sure you're getting a competitive payment, annuitizing gradually rather than all at once, diversifying your annuity money among a few highly rated insurers and limiting the amount you invest with any single insurer to the maximum amount covered by your state's life and health insurance guaranty association.

Editorially, Kiplinger's magazine has championed over the decades a number of personal finance strategies and investment products that later became popular «conventional wisdom»: the superiority of systematic investing (dollar cost averaging) over market timing; growth stocks that paid little or no dividends but invested in new technologies; mutual funds, especially no - load funds; stock index funds; term life insurance, rather than whole - life; and global investing.

Collateral assignment secures a loan in case of the borrower's death, using the face value of the policy (rather than accrued equity, as is the case with whole life insurance).