Sentences with phrase «same kind of life insurance»

Stay - at - home parents Since term life insurance substitutes for the earning power of the policyholder, stay - at - home parents usually don't need the same kind of life insurance coverage as working parents.

Not exact matches

Because IULs may offer a higher potential upside rate of return, they do not offer the same kinds of guarantees concerning ongoing cash accumulation (supplemented by a strong history of dividends) as that offered by traditional whole life insurance.
But did you know you can use certain kinds of life insurance policies to do the same thing?
Annuities provide a stream of payments and are generally classified as insurance because they are issued by insurance companies, are regulated as insurance, and require the same kinds of actuarial and investment management expertise that life insurance requires.
The same principle applies to renters insurance, where all the people who never have their stuff damaged end up covering the costs for those who do, life insurance, where all the families who don't experience a tragedy pay for the ones who do — or any kind of insurance.
Individual life insurance, like the kind PolicyGenius sells, groups people of the same age and calculates the risk of death for the average member of that group.
While cash value Michigan life insurance policies carry the same kind of characteristics as a Michigan term life insurance policy they have one very big difference; they actually build up a sum of money into an account over time.
If you have no kind of life insurance whatsoever and you unexpectedly die, your loved ones will be left to struggle financially and your children may not then have access to the same level of education and lifestyle you had planned for them.
We ask you the same kind of questions a life insurance company will ask before they underwrite a policy.
You might also opt for a higher deductible and get your auto insurance from the same company that you get your life, health, or other kinds of coverage.
These are all ways in which every kind of life insurance policy is the same.
It is a simple and conventional kind of insurance wherein in the event of death of the Life Assured any time during the policy term, the beneficiary of the policy gets a fixed sum either as a lumpsum or a monthly payout or as a combination of the same.
If you need other kinds of insurance such as home, health, or life insurance, try to purchase them together with your auto policy from the same insurer.
We do this by asking you the same kind of questions that a life insurance company would, and then tapping into our extensive knowledge of dozens of the best life insurance companies in the United States (including Guarantee Trust Lilife insurance company would, and then tapping into our extensive knowledge of dozens of the best life insurance companies in the United States (including Guarantee Trust Lilife insurance companies in the United States (including Guarantee Trust LifeLife).
You can also get the same coverage through a whole life insurance policy at a premium of $ 10,000 per year, but it will also include a cash value accumulation and investment provision with dividends and all kinds of other goodies.
And Alabama life insurance is that same kind of confidence.
Having adequate life insurance in force has the same kind of meaning to it.
I know this isn't life insurance, but expect the same kind of action on any non guaranteed universal life or whole life policy.
Usually, individuals purchase a term life insurance policy for the same reason they would purchase any other kind of insurance.
Life insurance companies aren't subject to the same kind of regulations, allowing them to step into that market with greater success with the opportunity to increase market share and select higher quality transactions.
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