Sentences with phrase «specific life insurance policy options»

Not exact matches

Life expectancy and retirement aside, if you're purchasing a life insurance policy to protect a specific interest — such as a business loan or mortgage — you may also need to think about the potential duration of that need when considering your optiLife expectancy and retirement aside, if you're purchasing a life insurance policy to protect a specific interest — such as a business loan or mortgage — you may also need to think about the potential duration of that need when considering your optilife insurance policy to protect a specific interest — such as a business loan or mortgage — you may also need to think about the potential duration of that need when considering your options.

Some life insurance may offer death benefit options, including: a specific benefit that does not vary; a face amount plus the policy value; or the face amount plus premiums paid less withdrawals and loans.

Before you decide to sell a life insurance policy for cash, carefully examine all of your options, be aware of the pitfalls, and make sure that it is a good decision for your specific circumstances.

While there are many advantages of owning a variable life insurance policy, it is also important to consider some key factors prior to moving forward in order to be sure that this type of policy is the best option for you and your specific insurance and investment needs.

Life expectancy and retirement aside, if you're purchasing a life insurance policy to protect a specific interest — such as a business loan or mortgage — you may also need to think about the potential duration of that need when considering your optiLife expectancy and retirement aside, if you're purchasing a life insurance policy to protect a specific interest — such as a business loan or mortgage — you may also need to think about the potential duration of that need when considering your optilife insurance policy to protect a specific interest — such as a business loan or mortgage — you may also need to think about the potential duration of that need when considering your options.

The company offers a nice variety of both term and permanent life insurance policy options — so customers can choose which type of coverage may work the best for them and their specific needs.

One of the most notable advantages of these policies is that it's going to be more affordable than just about any other option for life insurance protection, but that's because it only covers specific circumstances, which are less likely to happen.

Term conversion option: With this rider, you have the right to convert your term policy to a permanent life insurance policy within a specific time period.

While there are many advantages of owning a variable life insurance policy, it is also important to consider some key factors prior to moving forward in order to be sure that this type of policy is the best option for you and your specific insurance and investment needs.

The main problem is the opponents of whole life make sweeping generalizations about it, despite the fact that the best whole life insurance companies offer a myriad of policy options, tailored to your specific needs and goals.

For example, if you buy a 20 year term life insurance policy with an option to convert the policy to a permanent life insurance plan by a specific date in the future, you may be able to convert your term life coverage to lifetime coverage.

If you need a policy for a specific term of 5, 10, 20 or more years, term - life insurance gives you this option.

If you still don't know what type of life insurance to go with don't hesitate on calling us and we will walk you through your options and find you the best policy that fits your specific needs, health, and lifestyle.

As a rider you can attach to a life insurance policy, the Guaranteed Insurability option allows you to increase the coverage amount on specific dates or to choose an entirely new policy based on your original life insurance health rate class.You will be limited on how much you can get, but typically the maximum amount will be twice your original death benefit, up to $ 125,000.

Convert Your Policy to Permanent Coverage — If your policy provides the option of convertibility, you may be able to convert your term insurance into a permanent life insurance policy by a specific date listed in your pPolicy to Permanent Coverage — If your policy provides the option of convertibility, you may be able to convert your term insurance into a permanent life insurance policy by a specific date listed in your ppolicy provides the option of convertibility, you may be able to convert your term insurance into a permanent life insurance policy by a specific date listed in your ppolicy by a specific date listed in your policypolicy.

Because whole life insurance policies are complicated and the premiums are high for the amount of death benefit you get, whole life insurance is only the best option for seniors in a few situations, such as when you want to minimize estate taxes for your heirs, or if you want to leave a specific amount of money to someone or a charity no matter how old you are when you die.

Nevertheless, the many benefit options can help policyholders tailor their life insurance policy to meet their specific needs and risk such that their money does not necessarily go to waste.

Another option provided by some life insurance companies is the option to renew your policy after the specific term period without having to qualify all over again.

Annual Renewable Term Life Insurance offers you the option to annually renew your term insurance policy each year up to a specific aInsurance offers you the option to annually renew your term insurance policy each year up to a specific ainsurance policy each year up to a specific age limit.

If you only need a life insurance policy for a specific period of time, then term life might be a better option.

When buying a term life insurance policy make sure you consider your options, since there are a few different types of plans available to meet your specific needs.

I did a series of posts last year on life insurance policies and have referred back to those posts on several occasions when explaining some specific clauses and options such as the suicide clause and incontestability clause and the conversion option.