Sentences with phrase «rather than term life policies»

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.

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.

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 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 Wall Street.

As a secondary focus, sometimes a term life policy rider is added to a policy to add death benefit, rather than adding it to the whole life policy at the expense of cash value accumulation.

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.

Alternatively, if it is determined that the policy has real economic value to keep, the advisor and client should consider whether it makes more sense to simply keep the policy to benefit directly from the long - term value of the death benefit, rather than sell as a life settlement (since by definition, if it's valuable to a buyer to purchase, it's valuable to the seller to keep it!).

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).

However, you will be paying a lower premium rather than locking into a 30 year term or whole life policy.

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).

There are many tax advantages to owning your policy for life, rather than renting a death benefit for a term.

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.

There are others who want a temporary life policy to cover temporary liabilities, and would rather choose term life rather than a whole life policy.

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.

Rather than purchase a large, say $ 2 million 30 - year term policy as many agents would suggest, consider buying three different term life policies.

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.

For example, an applicant at age 50 may only qualify for a 15 - year term life policy rather than the 30 - year term policy they might qualify for under a more conventional plan.

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

They're a great option in most states because they have graded death benefit term policies, rather than just whole life, which saves a bunch of money.

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.

Rather than offering coverage for only a certain amount of time as term life does, universal policies remain in force for as long as the premium payments are made.

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.

First, it allows those with a small budget to get the lifetime coverage they need while young rather than having to buy a term life policy which will expire.

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.