Sentences with phrase «real value of the death benefits»

This term plan helps to cover against risk from rising inflation costs that may affect the real value of the death benefits that the insured individual's family would receive.

Not exact matches

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!).

Term life insurance is the most basic form of life insurance and offers a death benefit as its only real benefit (it has no cash value).