Sentences with phrase «special type of a permanent life insurance policy»

Variable Life Insurance is a special type of a Permanent Life Insurance policy in which both the death benefit and the cash value depend on the investment performance of the underlying assets, usually one or two investment accounts known as «separate accounts» (or «sub-accounts») within the insurance company's portfolio.

This is a special type of permanent life insurance policy that pays directly to a funeral home instead of to your family or other named beneficiaries.

Not exact matches

Universal life is a special type of permanent policy that has been marketed as having long - term guaranteed protection at the lowest possible rate — it is very different from term insurance.

The most affordable type of life insurance is a special type of permanent life policy known as final expense insurance.