Sentences with phrase «real purpose of a life insurance»

As such, the real purpose of a life insurance policy loses its appeal.

Since the real purpose of life insurance is to cover the remaining earning capacity of the insured, and since this capacity decreases with age, decreasing term insurance is a very good instrument to accomplish this.

This is spurred by three major factors — increasing awareness about the real purpose of life insurance, rapidly declining term insurance rates and the sale of term plans on the internet.

Not exact matches

The first thing you should do when determining the level term period of your life insurance you should buy is to ask yourself the question, «What is the real purpose for the insurance?»

While these types of accounts can invest in real estate, they can not invest in life insurance or collectibles — i.e., any work of art, rug or antique, alcoholic beverage, stamp or coin, or any other tangible personal property specified by the IRS for purposes of this subsection.