Sentences with phrase «single premium whole»

Under this option, the insurer applies each dividend payment to buy as much paid - up single premium whole life insurance as the dividend will allow at the insured's attained age.

However, there are policies called single premium whole life insurance only requiring you to make one single premium payment for lifetime life insurance coverage.

Single premium whole life plans provide you with lifetime coverage and you pay just one premium one time.

Initially, the policyowner can have the insurance company configure an adjustable life policy's death benefit and premium level to resemble virtually any type of life insurance policy from five - year term insurance to single premium whole life.

Insurers and policyowners can configure an indexed universal life (IUL) policy's premium payments and death benefits to resemble virtually any type of life insurance policy, from annually - renewable term to single premium whole life.

People age 40 to 80 may qualify to buy up to $ 400,000 of single premium whole life insurance with no medical exam.

While Sagicor's single premium whole life insurance policies have a minimum $ 5,000 initial premium, but there are no ongoing costs.

A great benefit for both single premium whole life insurance policies is that, if you decide later on that you want to surrender the policy and cancel your coverage, you'll get a full return of your premium.

Single premium whole life requires one lump sum payment at the outset.

Another disadvantage for a single premium whole or universal life insurance policy is that you will likely have to undergo a medical examination.

One type that you may be considering is a single premium whole life or universal life insurance policy.

Paid up additions are small single premium whole life policies which add additional value to your policy.

In particular, single premium whole life insurance does not meet the IRC requirements to avoid a modified endowment contract.

You can also arrange with the company to pay one lump sum and you have your single premium whole life insurance policy for the rest of your life.

One is Single premium whole life and it gives you a fixed interest rate that the life insurance provider will pay.

This single premium whole life insurance policy provides lifetime protection with only one premium payment.

Single premium whole life is a limited payment whole life insurance plan with one relatively large premium payment due at issue.

MassMutual CareChoice One offers a single premium whole life insurance policy, combined with a long term care insurance rider.

Far and away the most popular single premium product is the single premium whole life policy.

Single Premium Whole Life — With a single premium whole life insurance policy, the entire policy will be completely paid off with the payment of just one single premium payment.

Whenever a dividend is paid it is applied to purchase paid up additions, which is a single premium whole life policy.

In addition to a stand alone LTC policy, MassMutual CareChoice One offers a single premium whole life insurance policy, combined with a long term care insurance rider.

With a single premium Whole Life Insurance policy, rather than paying premiums over time throughout the life of the policy, the policyholder will only make one single lump sum payment, and then the policy will be considered as paid - up.

This is a single premium whole life insurance policy that receives dividends so the policy cash value can continue to grow.

The interest sensitive single premium whole life insurance policy will also only require that the policyholder makes one single premium payment in order for the policy to be paid - up.

With single premium whole, the insured pays a one - time lump sum as a payment for a lifetime of coverage.

Lastly, Royal Neighbors also has a single premium whole life option in the event an applicant chooses to pay the entire premium up front, with the intent to immediately leverage the current cash they have for a greater value in the future.

Vantis Life's complete, easy - to - sell product line includes underwritten term and whole life insurance, simplified issue term and whole life insurance, single premium whole life and guaranteed issue senior products.

Single Premium Life Insurance - Is it the Right Choice for you and your Family?About single premium whole life insurance and the other competing options.

WINDSOR, Conn. - Nov. 8, 2017 - Vantis Life Insurance Company (Vantis Life), a life insurance provider offering solutions to financial institutions servicing middle - income Americans, has launched EstateWise ® Platinum, a significant upgrade to its single premium whole life insurance (SPWL) product.

Vantis Life provides financial institutions with a variety of simple to sell products, including simplified issue term and whole life, underwritten term life insurance, traditional permanent coverage and single premium whole life.

For whole life products, there are a couple choices; there are the traditional whole life, the simplified issue whole life, and the single premium whole life options.

Please keep in mind that single premium whole life insurance plans come as participating and non-participating.

You also can opt for single premium whole life and make only one large initial payment to secure your coverage.

If tax - deferred cash values and a lifetime of coverage are important to you, then single premium whole life insurance is an excellent option to consider.

Bill at 56 invested a lump sum of $ 229,475 in a single premium whole life insurance plan, which got him lifetime coverage (till age 120) of $ 500,000.

For additional detailed information on Accelewriting ® or Sagicor's single premium whole life products, please visit Sagicor's website.

What you get with a single premium whole life policy is guaranteed to pay out policy on a simple insurance form.

Decades ago single premium whole life policies were fairly popular.

They have term life, universal life, accidental death, single premium whole life, whole life, and whole life designed for final expenses.

Sagicor's fixed indexed single premium whole life insurance policy can allow the policyholder to reposition certain low - interest producing assets such as CD's (certificates of deposit), or money markets — and possibly even a fixed annuity — and obtain the opportunity to earn a higher return on the cash value in the policy.

And for those who want permanent coverage, single premium whole life insurance saves you on the cost of protection.

Many people have turned to single premium whole life policies because the cash value is tax - deferred.

A single premium whole life policy is a step up from the limited payment policy.

This single premium whole life insurance policy provides lifetime protection in one lump sum payment.

Last plan is the Legacy Master which is simply a single premium whole life policy.

A fixed indexed single premium whole life insurance policy will also provide a death benefit that is guaranteed, as well as a cash value component.

This is a fairly unique rider as it gives your spouse the ability to purchase single premium whole life insurance upon your death without demonstrating insurability.

Asset - Care offers single premium whole life insurance protection.

In addition to a stand alone LTC policy, MassMutual CareChoice One offers a single premium whole life insurance policy, combined with a long term care insurance rider.