Sentences with phrase «receive guaranteed life insurance»

Yet it may seem too good to be true to receive a guaranteed life insurance policy without any medical questions whatsoever.

Availing of a one - time premium, policyholders can receive a guaranteed life insurance policy.

Because you can receive guaranteed life insurance right up to the very end of your life, the insurance companies protect themselves in two ways.

Not exact matches

The premise behind an immediate annuity is simple: You invest a lump sum of money with an insurance company (although you would actually do so through an adviser, a broker or insurance agent) and in return you receive a guaranteed monthly payment for life regardless of how the financial markets perform.

That's because when you invest a lump sum with an insurer today, the insurance company guarantees you will receive a monthly income payment for the rest of your life.

It is worth noting that while people under age 65 in the U.S. live in a heavily market - dominated economy where poor employment outcomes mean poverty and a lack of access to health care, almost everyone over age 65 has most of their healthcare paid for by Medicare, (a FICA tax financed, single payer system that pays providers more or less the same rates as private insurance companies and has few cost controls), more than half of their nursing home costs paid by Medicaid, (which is stingy in how much it pays providers and moderately means tested), and receives enough of a guaranteed income from the combination of Social Security and SSI payments to keep the poverty rate for people age 65 +, (even if they have no retirement savings of their own), above the poverty line, regardless of the state of the local economy.

With permanent life insurance your beneficiaries are guaranteed to receive a death benefit when you die.

If you have these concerns, you may have considered buying life insurance - which guarantees that certain people of your choice (your beneficiaries) will receive money if you die.

You can choose whether to receive guaranteed payments for life, for a set period of time — or both.Guarantees apply to certain insurance and annuity products and are subject to product terms, exclusions and limitations and the insurer's claims - paying ability and financial strength.

Once you receive your CoverMe Guaranteed Issue Life insurance policy, review it carefully.

Thanks to the life insurance component, when you die, your heirs are guaranteed to receive a pay - out worth no less than the amount you invested in the VA (minus any withdrawals you made while alive), regardless what the sub-accounts are actually worth.

This product is available from life insurance companies and provides a series of periodic payments (usually monthly) that you are guaranteed to receive for the rest of your life.

As with other types of guaranteed whole life insurance, you pay level premiums and receive a level death benefit.

In addition to the higher premiums, one of the main drawbacks to a guaranteed issue life insurance is that your beneficiaries wouldn't receive a full death benefit until your policy has been in force for a specific length of time (typically between one or two years, depending on the life insurance company).

Your life insurance version will include a guaranteed death benefit, which means your beneficiary will receive the amount invested, minus a withdrawal fee.

Once you receive your CoverMe Guaranteed Issue Life insurance policy, review it carefully.

In the first offering of individual products, Southern Farm Bureau Life Insurance Company offer a fixed annuity which is ideal for those who want to receive a guaranteed income stream in retirement.

Every time you receive an offer in the mail, you are being sold what's called guaranteed issue life insurance.

Also, you're guaranteed a full refund of your first premium payment up to 10 days after receiving your term life insurance policy.

The whole life insurance policy, with a guaranteed death benefit of $ 1,000,000 can receive additional death benefits from dividends.

ROP guarantees your beneficiary will receive a death benefit should you die during the term life insurance policy.

If you have these concerns, you may have considered buying life insurance - which guarantees that certain people of your choice (your beneficiaries) will receive money if you die.

With the annuity on offer from New Era Life Insurance Company, you can receive guaranteed interest rates, liquidity on the income, and flexibility in terms of premiums.

With Guaranteed Issue Whole Life Insurance, if you're age 50 - 85, you can't be turned down for health reasons, and you can receive permanent life insurance without having to qualify for coverage based on your heaLife Insurance, if you're age 50 - 85, you can't be turned down for health reasons, and you can receive permanent life insurance without having to qualify for coverage based on youInsurance, if you're age 50 - 85, you can't be turned down for health reasons, and you can receive permanent life insurance without having to qualify for coverage based on your healife insurance without having to qualify for coverage based on youinsurance without having to qualify for coverage based on your health.

Group Guaranteed issue life insurance — Insurance designed for a group where every person who applies and meets conditions receives insurance — Insurance designed for a group where every person who applies and meets conditions receives Insurance designed for a group where every person who applies and meets conditions receives coverage.

Those who purchase guaranteed life insurance policies that carry no medical exam or questions will not receive full benefits for the first two to four years in obtaining the coverage.

And, if you die shortly after you buy a guaranteed issue life insurance policy, your beneficiary will receive only the premiums paid and possibly some interest, depending on the company that issued the policy.

Also, you're guaranteed a full refund of your first premium payment up to 10 days after receiving you term life insurance policy.

The powerful combination of a true Cash Value Life Insurance Policy that receives yearly Mutual dividends with a virtual guaranteed death benefit can be the perfect financial tool for many.

And, while these refunds are not guaranteed each year, AICPA members who are in this life insurance plan have received a refund every year since the plan's initial inception.

No offer of insurance for life is guaranteed until you receive an offer of life insurance from a given life insurer.

With the Sagicor whole life insurance policy, the insured's named beneficiary (or beneficiaries) will be assured of receiving the face amount of the policy, which is guaranteed.

Return of Premium Term Insurance (ROP Insurance) is a type of Term Life Insurance which allows the policyholder to receive a guaranteed return of premiums paid if you keep the policy for the term period.

Some benefits offered the plan are like providing life Insurance coverage till the age of 75 years, Money back feature where in once receives 7.5 % of the guaranteed Maturity Sum Assured per annum for 15 years to take care from 61 years to 75 years and lastly Maturity benefits at the age of 75 years.

If you're age 50 - 85, Guaranteed Issue Whole Life Insurance, sometimes referred to as Guaranteed Acceptance Whole Life Insurance, you can't be turned down for health reasons, and you can receive permanent life insurance without having to qualify for coverage based on your heaLife Insurance, sometimes referred to as Guaranteed Acceptance Whole Life Insurance, you can't be turned down for health reasons, and you can receive permanent life insurance without having to qualify for coverage based on youInsurance, sometimes referred to as Guaranteed Acceptance Whole Life Insurance, you can't be turned down for health reasons, and you can receive permanent life insurance without having to qualify for coverage based on your heaLife Insurance, you can't be turned down for health reasons, and you can receive permanent life insurance without having to qualify for coverage based on youInsurance, you can't be turned down for health reasons, and you can receive permanent life insurance without having to qualify for coverage based on your healife insurance without having to qualify for coverage based on youinsurance without having to qualify for coverage based on your health.

The only requirement to receive a guaranteed issue life insurance policy is that you pay your premiums.

Every SBLI whole life insurance policy is also eligible to receive annual dividends (although the receipt of dividends is never guaranteed).

Because New York Life is a mutual insurance company, policyholders may be eligible to receive dividends — and while these dividends are not guaranteed, the company has paid them consistently ever since before the Great Depression.

A critical reason to purchase life insurance is to ensure that one's dependents, i.e. parents, spouse and children, receive a lump sum or a regular monthly income that will guarantee their financial security, in the unfortunate event that the policyholder passes away or gets disabled (thus putting a stop to his / her income).

Anyone in any situation can apply for this type of life insurance coverage, and they are guaranteed to receive a policy.

There are two term - life insurance policy types available through Transamerica; Trendsetter Super Series (up to $ 1,000,000 in coverage with a guaranteed premium that is convertible to a whole life policy at the end of the term); and the Trendsetter LB (up to $ 1,000,000 with living benefits option to receive an accelerated death benefit with a qualifying illness while you are still alive).

Because ordinary universal life insurance must have cash value to stay in force, the guaranteed UL allows policies that would otherwise lapse to remain in force so that the beneficiary receives the death benefit that they are entitled to.

Now we're not saying that what you pay month to month is going to be super expensive, but when you compare what you need to pay vs the amount of coverage that you actually receive, guaranteed issue life insurance products will generally be more expensive than other life insurance policies which require you to «medically» qualify.

The advertised $ 20.93 monthly premium is only applicable to a 55 - year - old woman receiving $ 5,000 worth of Guaranteed Issue Whole Life Insurance coverage.

Also, because Mutual Trust Life Insurance Company is a mutual insurer, those who own a whole life plan may be eligible to receive dividends (although dividends are not guaranteLife Insurance Company is a mutual insurer, those who own a whole life plan may be eligible to receive dividends (although dividends are not guarantelife plan may be eligible to receive dividends (although dividends are not guaranteed).

However, when you purchase a guaranteed life insurance policy, your beneficiaries are normally only able to receive the death benefit if you die 2 or more years after purchasing the policy.

Let us explain: For most individuals that are receiving SSDI for cognitive reasons, we're typically limited to life insurance policies that are known as «Guaranteed Issue» life insurance policies.

If you can't receive traditional life insurance coverage for seniors, you can always apply for a guaranteed burial plan, which can give you the coverage you need.

Forethought Life Insurance Company quickly expanded its product offerings, and in 2006, the company brought on board fixed annuities — which allowed it to offer consumers with the ability to both save for retirement, as well as to receive a guaranteed lifetime income — something that retirees have top - of - mind, as so many people are living longer lives today.

That it's not all bad news when it comes to the graded death benefit policies because in most cases, if an insured dies from «natural» causes during the graded death benefit period, most guaranteed life insurance policies (or at least the ones we offer here at TermLife2Go) will have some «reimbursement program» whereby the insured's beneficiary will receive back some if not all of the premium payments that the insured paid plus some type of additional interest earns as well.