Sentences with phrase «since life insurance death»

It is worth mentioning here that a common misconception about life insurance is that since life insurance death benefit proceeds are income tax free, they are 100 % tax free.

Not exact matches

These insurance policies are less pricey than traditional life insurance, since they pay benefits only after the death of both husband and wife.

However, the death benefit and cash value can continue to grow with participating policies since the dividend can be applied to purchase additional paid - up life insurance coverage.

It's typically less expensive than traditional life insurance, since you're unlikely to actually die due to an accident (since mishaps account for only about 5 % of deaths).

On the other hand, as long as premiums are paid, a permanent life insurance policy will always pay out a death benefit since it never expires.

Since the insurer is guaranteed to pay a death benefit to your beneficiaries so long as all premiums are paid, permanent life insurance rates are significantly higher than those for term life insurance.

Since life insurance only pays out a death benefit when there is a death, the only way to cash in early is to use the life insurance as a savings vehicle.

It is so basic it should probably be called «death insurance» rather than life insurance, since your primary benefit is that it will pay out a death benefit to your beneficiary.

Since probate typically takes six months or longer, Dave's survivors had none of the financial flexibility that a life insurance policy would have provided in the difficult time following his death.

Since death will bring about a battery of expenses, including final expenses, uncovered medical costs, and even unpaid debts, virtually everyone needs to have life insurance.

Since premiums are often lower than permanent life insurance plans, this coverage is good for a head of household who wants to provide for their loved ones in the event of their death.

Since the insurance company must make a profit, and since they know they will always pay out on a whole life policy, whole life tends to be very expensive, and has lower «death» benefits than a term poSince the insurance company must make a profit, and since they know they will always pay out on a whole life policy, whole life tends to be very expensive, and has lower «death» benefits than a term posince they know they will always pay out on a whole life policy, whole life tends to be very expensive, and has lower «death» benefits than a term policy.

Let's be honest — since it is all about making a provision for your death, most of us don't really like to even think about life insurance, let alone talk about it.

And remember to include the face amount of any life insurance policies that you already own or have through your employer since these may pay out at your death.

Since most policies expire without paying a death benefit, life insurance companies can sell these at a low price.

Since whole life insurance policies are designed to last until death, you shouldn't just stop paying because this may lead to complicated issues, such as unwanted taxes on your life insurance.

Since this only covers accidental death and does not cover natural causes (such as heart disease, stroke, or cancer), this life insurance rider is best purchased when the insured is maxed out on the amount of life insurance they can qualify for and he or she need some additional coverage.

A whole life insurance makes more sense since it will last until the time of your death.

A graded death benefit is used to protect the carrier when insuring severely ill applicants since these policies are typically life insurance with no medical exam and no health questions.

Since the goal is to make sure you can pass money along through a life insurance death benefit to your family when you pass away, you would want a policy that would for sure be in force no matter how long you live.

It is the cheapest form of life insurance since it only pays the death benefit if the insured person dies during the specified term period.

Since life insurance is income replacement, this is also how much he would like the death benefit to replace.

Since life insurance carriers often evaluate a person's eligibility for life insurance based on their risk of death, active duty service members are often (but not always) stuck with higher prices if they opt for commercially available life insurance products.

Since the death benefit on term life insurance is paid on less than 1 % of policies, there is relatively low risk to insurers.

I will cover appropriate amounts of death benefit coverage you should have at another time, since this post focuses on the cash value benefit of life insurance, which you don't have to die to use.

The thing is, these «good» life insurance stories aren't typically shared, since most of us * don't spend a lot of time talking to our friends about death.

There are life insurance policies that let you skip the medical exam, but they generally tout higher premiums, since the insurer has less information about your risk of death.

This handy rider gives you the power to increase the size of the death benefit on your current policy without having to undergo a new medical exam, which is great if you're over 35 or have developed new health issues since you last bought life insurance.

That may sound a little odd at first; since no one lives forever, as long as a life insurance policy is enforced, the company will eventually have to pay out the death benefit.

Since the insurer is guaranteed to pay a death benefit to your beneficiaries so long as all premiums are paid, permanent life insurance rates are significantly higher than those for term life insurance.

Since most AD&D payments usually mirror the face value of the original life insurance policy, the beneficiary receives a benefit twice the amount of the life insurance policy's face value upon the accidental death of the insured.

Since it is for a temporary amount of time, and it pays only a set death benefit, term life is the least expensive type of insurance to buy.

It's typically less expensive than traditional life insurance, since you're unlikely to actually die due to an accident (since mishaps account for only about 5 % of deaths).

With term life insurance there is less risk since the insurance company will not necessarily pay out a death benefit during the shorter policy period.

Life insurance for older people costs more, since they won't be paying their monthly premiums for as long before death.

If you are a business owner and want to buy a life insurance policy on the key employee which will provide a death benefit until that employees retirement then Return of Premium Term might be a great option since you will just get all your money back if the loss of life didn't occur and your valuable employee retires.

When it comes to our clients that can't get traditional life insurance we usually recommend that they combine an accidental death life insurance policy along with a guaranteed issue plan since both don't ask no medical questions or exam.

Since these types of policies typically are sold to older individuals with no underwriting, this type of caveat inside a life insurance policy helps protect the insurance company from having to pay out benefits on a claim where the death was due to natural causes that otherwise would have been detected through a traditional fully underwritten policy with a medical exam.

Premiums for graded benefit life insurance policies are generally higher than those for standard life insurance policies since the policyholder presents greater risk of a death claim to the insurance company.

If you pass that money along to your children, a whole life insurance death benefit would be nice to have since that money passes income tax free.

Since the insurance company knows it's on the hook for a death claim one day, you can imagine that this coverage costs quite a bit more than 20 year term life insurance.

Life Insurance is literally a matter of life and death, since purchasing Life Insurance is basically planning for after the deLife Insurance is literally a matter of life and death, since purchasing Life Insurance is basically planning for after the delife and death, since purchasing Life Insurance is basically planning for after the deLife Insurance is basically planning for after the death.

Since you are buying life insurance that may one day pay out a death benefit to your beneficiary it is important to choose a company with a strong rating.

Since most deaths in the US are sickness based (the top 3 killers are Heart Disease, Cancer and Stroke - all sickness deaths), this is usually very cheap life insurance.

Since life insurance is something you pay for every year, you want to find the highest death benefit at the lowest rates in order to save money year after year.

As mentioned earlier, since a term or permanent life insurance policy typically covers most causes of death, with only the two major exclusions, it is generally the preferred choice and offers more comprehensive coverage and security.

Since your premium is based upon the joint life expectancy of both insureds — like you and your spouse — survivorship life insurance is usually less expensive per thousand dollars of death benefits than traditional universal life insurance.

Life insurance provides no direct benefit to the policyholder, since it is only paid out upon the death of the policyholder.

But in most cases, term life insurance policies don't pay out death benefits since people tend to outlive their term life policies.

Since whole life insurance covers a policy holder until death (or as long as the premiums are paid), there are no renewals.