Sentences with phrase «term coverage for»

Term is cheaper than permanent coverage, and you can buy a lot more term coverage for the same premium as permanent coverage.

The purpose of cash value life insurance is to offer long - term coverage for the insured person's whole life.

With this first annual renewable term policy, there is an opportunity to obtain short - term coverage for specific needs.

For example, you could purchase a 30 - year term policy for $ 250,000 then add on 10 - year term coverage for $ 150,000 to cover your child's education until they graduate.

These companies generally have the cheapest rates and best term coverage for the 49 year old age bracket.

Susan and Mike both purchased $ 1,000,000 of term coverage for 20 years to secure their mortgage and their children's education.

Children's Term Rider: this will give you $ 5000 worth of term coverage for every child or grandchild you decide to cover.

Although, this is also the demographic that may select term coverage for its low cost and ability offer protection to children until they are able to take care of themselves.

Below are sample 2015 rates from an AM Best A-rated life insurance carrier specializing in low - cost term coverage for men and women applying between ages 40 - 70.

Most people buy 30 year term coverage for income replacement purposes.

If you purchase a 10 year renewable level term policy you will have coverage for 10 years and then have the right to renew your term coverage for another 10 years.

That won't be as good as investing $ 1,000 in a mutual fund for 20 years, but you'll have your premiums back, plus the benefit of having had term coverage for the whole time.

However, the annual premium will stay the same for level term coverage for the entire period of the policy.

A policy that allows you to have term coverage for a period of time, and then you can convert the policy to permanent coverage down the road, if you choose to exercise the conversion option.

The life insurance companies below generally have the cheapest rates and best term coverage for the 40's age bracket.

The predetermined time frame of term coverage for a term life insurance plan can be for one year or 10 years.

While MetLife has a wide range of property and casualty insurance products, such as home and auto insurance, they currently just offer simplified issue term coverage for those that want life insurance.

The companies below generally offer the best rates and best term coverage for people in their forties.

One unit of coverage provides $ 5,000 in level term coverage for eligible children.

Supplemental riders available with the term life insurance policy include: waiver of premium rider — premium payments may be waived if insured becomes totally disabled; children's level term insurance rider — Provides term coverage for children; and the accelerated benefit rider — You can receive a portion of the death benefit if you develop a terminal illness.

Typically, a spousal rider only provides term coverage for a specific period of time.

Some auto insurers will provide short term coverage for rental cars, if you are not already covered on your personal auto policy.

Medical travel insurance varies from traditional health insurance in that it provides short - or long - term coverage for out - of - network (and out - of - country) emergency care.

A life insurance policy for your grandchild is a good way to ensure long term coverage for them and to provide cash value for life expenses such as a new home or college costs.

However, we also put an emphasis on obtaining affordable 30 year term coverage for men with medical impairments.

This rider provides level term coverage for covered children / grandchildren.

However, it is possible to find temporary or short term coverage for less time than this.

Provides term coverage for all covered children of the insured up to age 25, the expiry date of the rider or termination of the rider, which ever is earlier.

For example, you could purchase a 30 - year term policy for $ 250,000 then add on 10 - year term coverage for $ 150,000 to cover your child's education until they graduate.

So, if you have significant pre-existing conditions or are looking for term coverage for a particular amount of time, you may want to consider a different insurer.

While MetLife has a wide range of property and casualty insurance products, such as home and auto insurance, they currently just offer simplified issue term coverage for those that want life insurance.

Spouse Term Rider — allows you to purchase term coverage for your spouse, which is convertible to a cash value version with no evidence of insurability.

Children's Term Rider — allow you to purchase term coverage for your dependent children at one single premium rate for any number of children.

Not exact matches

And while CHIP, which provides health coverage for young children and pregnant women, was granted a short - term reprieve along with the government - funding extension, there remains a debate over its long - term future.

In terms of budgeting, as a general rule, consider between 20 and 30 percent of predicted gross sales as the baseline budget for comprehensive coverage, including health and life insurance.

Still, many wealthier retirees opt to buy long - term care coverage as a way of preserving more assets for their future heirs.

Affordable long - term care coverage could fairly be characterized as a solidly middle - class concern: Poorer seniors can generally qualify for Medicaid, and the more affluent can generally afford to pay for nursing - care expenses out of their savings.

The Department of Health and Human Services this week announced a new proposal that would expand the use of short - term health insurance plans, opening the door for more people to use the «skinny» coverage products while taking another swipe at the law known as Obamacare.

The proposal to expand short - term health plans would lead to higher costs for consumers with coverage through the Affordable Care Act.

«Depending on plan design, consumers who purchase short - term, limited - duration insurance policies and then develop chronic conditions could face financial hardship as a result, until they are able to enroll in PPACA - compliant plans that would provide coverage for such conditions,» the administration's report said.

«Well, the individual mandate is one of those things that actually is driving up the cost for the American people in terms of coverage,» Price told ABC News» Martha Raddatz in an interview last July.

Jackson said that doctors who don't have an understanding of those coverage terms could be in for a nasty surprise once the new plans go into effect.

More than 67 percent were totally unaware of the coverage terms for patients, including cancellation and grace periods.

The only difference is, your policy will terminate eventually with term coverage — typically after you retire, when, presumably, your family is no longer so dependent on your work income — whereas whole life policies are for a lifetime.

And beyond economic issues, the Internet offers a huge potential for greater organizational, educational and political cohesiveness than ever before by becoming a syndication content provider (an electronic Black Sports Wire); traditional publishing (re-utilizing content creatively and cost - effectively to create books; calendars; magazines etc.); long term convergence (as BASN bandwidth increases BASN evolves into multimedia Internet / TV / Radio network with round the clock, global BASN coverage).

The death benefit of a whole life insurance policy stays the same for the life of the policy, unless you purchase additional coverage, and often ranges from $ 50,000 to several million dollars (similar to level term).

Given the high cost of whole life insurance, often several times that of term, and product complexity, our analysis shows term is typically better for the majority of people as you can still get significant financial coverage for your family.

Graham called this interest coverage ratio part of his «margin of safety»; a term he borrowed from engineering, explaining that when a bridge was constructed, it may say it is built for 10,000 pounds, while the actual maximum weight limit might be 30,000 pounds, representing a 20,000 pound margin of safety to accommodate unexpected situations.

1 Accessing cash values, through loans and partial surrenders or by accelerating benefits for long term care benefit payments, will reduce the death benefit payable, the cash surrender value and the long term care coverage available.

As Frank Armstrong III, founder and principal of Miami - based Investor Solutions points out, long - term care costs are not covered by insurance: «Once a hospital releases you to any kind of long - term care facility, your medical coverage quits paying for your care.»