Sentences with phrase «such as whole life»

We offer stable financial options such as whole life insurance plans that can be uniquely design to work in conjunction with a college savings plan (529 plan) that can benefit your children even after they graduate college.

Some insurers offer more complex life insurance products such as whole life insurance or universal life insurance, other — less complicated products such term life insurance only.

Although term insurance offers temporary coverage, the affordable rates allow for the purchase of much larger coverage than you might be able to buy with a permanent life insurance plan such as whole life, universal life or variable universal life.

This option means that if you decide you want permanent life insurance, such as whole life or a universal life policy, you can convert your current policy, regardless of your health as long as it's done before the term life policy expires.

One of the greatest advantages of term insurance is its lower cost as compared to permanent or cash value life insurance, such as whole life or universal life.

There are policies that can provide coverage for this age group such as whole life, universal life or term policies to a set age or a shorter term.

Permanent Life Insurance such as Whole Life, Universal Life and Index Universal Life, differs from term life insurance in that it does not expire for a lifetime, as long as the policy owner continues to pay the insurance premiums.

Experience matters when it comes to telling you the differences between a basic term life insurance policy vs a permanent policy, such as Whole Life, Indexed Universal Life (IUL), or Variable Universal Life.

With permanent life insurance, such as whole life or universal life, the proceeds are prorated according to the percentage of premiums paid with «community» money.

It is a simple fact that regardless of the type of life insurance policy you need, whether it is a term life insurance solution or a permanent policy such as whole life or universal, life insurance premiums become more expensive as you age.

Policies with a cash value, such as whole life insurance, often have a provision that allows the carrier to borrow from the policy value to pay overdue premiums.

Permanent Life Insurance is a general term used to refer to life insurance policies such as Whole Life Insurance and Universal Life Insurance.

Some types of permanent insurance such as whole life, universal and variable life may be more expensive.

If you don't have a natural inclination to be a saver — or can't muster the enthusiasm to become one — then you should look seriously into automatic pilot - type forced savings plans, such as a whole life insurance policy.

If you have an existing term policy, and whether you're healthy or not, you most likely have the ability to convert the policy to a permanent policy such as whole life or universal.

This change to annual renewable premiums tends to come with a huge premium increase, so in order to avoid this, most term policies can be converted to a lifetime coverage option, such as whole life or universal life, during their initial term.

Since term insurance provides temporary coverage for up to thirty years and the product has a very low mortality rate, this insurance is much more affordable than permanent insurance, such as Whole Life or Universal Life.

Ask them to explain the different options such as whole life, universal life (make sure you ask them about a no lapse guarantee), term insurance and return of premium life insurance.

If you can afford to pay a little more for your coverage, you can lock in a rate on a permanent life insurance policy, such as whole life or universal life.

By converting some or a portion of your term policy to a permanent policy such as whole life, you will be able to do so without having to take a medical exam.

If you are looking for a life insurance policy as an investment vehicle, you may want to consider a permanent life insurance policy, such as whole life insurance or universal life insurance.

Some term insurance plans allow you to convert your term life coverage to a permanent life insurance policy such as whole life without providing evidence of insurability.

It's available as both term life policies (which have more affordable, lower - priced premiums) and permanent life policies such as whole life and universal life (which have higher premiums with cash value in addition to a payout).

Since both activities are essentially temporary in nature, there will be no need for a high cost permanent life insurance policy, such as whole life.

Estimating the Cash Value Certain life insurance policies such as whole life policies accumulate cash value overtime.

Policies with an investment Component (such as whole life) cost many times more than Term life insurance.

That's because permanent life insurance policies, such as whole life or universal life insurance products, typically come with maturity dates that are tied to your age.

In addition to the death benefit, permanent life insurance policies, such as whole life, promise a return on your premium in the way of cash value.

Not all insurers offer permanent policies, such as whole life insurance, so this is something you'll want to check before applying for your policy.

Like most Mutual Life Insurance Companies, Guardian Life offers a variety of permanent life insurance polices, such as whole life and universal life.

Permanent cash value life insurance policies, such as whole life insurance, have an investment component as well as life insurance coverage.

Permanent Life insurance policies such as Whole Life remain in effect as long as you live and make the required payments.

Like most life insurance companies, The Western & Southern Life Insurance Company offers a variety of term and permanent life insurance polices, such as whole life and universal life.

By their very nature Permanent Life insurance policies such as Whole Life insurance, cost more than a Term Life insurance policy with the same death benefit.

The most generous term policies allow you to convert to any type of permanent policy available, such as whole life, universal life, or variable universal life.

Second, unlike permanent life insurance, such as whole life, term insurance has no investment component.

Sales or policy illustrations are used with products such as whole life insurance, universal life insurance, variable universal life insurance and long - term disability insurance.

The company offers Term Life insurance, and Permanent Life insurance products such as Whole Life, Universal and Variable Life.

Fortunately, you can convert many term life insurance policies to a permanent insurance product such as whole life insurance, universal life insurance or variable universal life insurance.

The life insurance agents we can put you in contact with our experts and can provide pertinent details about either your permanent life insurance quote (such as whole life, universal life, and variable life) or your term life insurance quote (which gives you coverage for a particular period of time).

There are some great life insurance riders available exclusively for permanent types of coverage, such as whole life and universal life.

«Living Benefits» apply to Permanent Life Insurance polices that accrue cash value such as Whole Life insurance.

Permanent life insurance policies such as Whole life, Universal life, or Guaranteed Universal Life is more expensive.

In some cases, if you're older than the term life insurance cut off age, you may be able to qualify for a permanent life insurance policy such as a whole life or a guaranteed issue policy.

Cash - value insurance - such as whole life, universal life and variable life - is basically just a term insurance policy with an investment component stitched on.

«Cash value» policies such as whole life, variable life, and traditional universal life combine life insurance with investment vehicles.

They do not offer permanent coverage such as whole life insurance.

There are a variety of permanent life insurance policies such as whole life insurance, universal life insurance, and variable life insurance — and even combination policies like variable universal life insurance.

Furthermore, plans such as whole life insurance covers can craft a financial legacy for your kids.

There are a few different kinds of permanent life insurance such as whole life, universal life and variable life which all offer slightly different features.