Sentences with phrase «term life insurance policyholders»

By a News Reporter - Staff News Editor at Insurance Weekly News — A jury in Los Angeles Superior Court found Tuesday that Massachusetts Mutual Life Insurance Co. did not improperly withhold dividends from a class of hundreds of term life insurance policyholders.

We're a national life insurance agency licensed in all 50 states that helps term life insurance policyholders covert their policies into permanent ones.

As the name implies, this rider will allow term life insurance policyholders to recover all or part of their premiums paid over the life of the policy if they do not die during the stated term.

For their beneficiaries to receive death benefits, traditional term life insurance policyholders must die within the specified term of their policy.

Being a Term Life Insurance policyholder, you pay an annual premium to cover the risk of death.

If a term life insurance policyholder wishes to continue their coverage upon the policy's expiration, they will need to re-apply at their current age and health condition.

Not exact matches

When comparing two separate term life insurance policies, you may notice that — even with the same exact coverage amounts of each of the policies — the amount of premium that is charged to the policyholder could be quite a bit different.

Term life insurance is designed to provide death benefits to the named beneficiaries of the policyholder.

The policy document has all of the pertinent information about the life insurance policy: the term, the death benefit amount, policyholder details, and so on.

Term life insurance is a life insurance policy that provides a death benefit to the policyholder's beneficiaries if that person dies within the specified «term» of the polTerm life insurance is a life insurance policy that provides a death benefit to the policyholder's beneficiaries if that person dies within the specified «term» of the polterm» of the policy.

This is because term insurance, being pure risk protection, provides life cover based on the level of risk of mortality associated with the policyholder and doesn't provide money back or returns.

Term life insurance is a type of life insurance that only pays out a death benefit if the policyholder dies within the term of the polTerm life insurance is a type of life insurance that only pays out a death benefit if the policyholder dies within the term of the polterm of the policy.

Term life insurance offers policyholders a «benefit only» plan.

Term life insurance pays a death benefit to the policy beneficiary if the policyholder dies within the term of the polTerm life insurance pays a death benefit to the policy beneficiary if the policyholder dies within the term of the polterm of the policy.

Term life insurance policies are temporary and only pay out a death benefit to the beneficiary if the policyholder dies within the term of the polTerm life insurance policies are temporary and only pay out a death benefit to the beneficiary if the policyholder dies within the term of the polterm of the policy.

Bharti AXA Life Term Rider (UIN: 130B009V01): Under this rider the policyholder can increase the life insurance coverage for a nominal premLife Term Rider (UIN: 130B009V01): Under this rider the policyholder can increase the life insurance coverage for a nominal premlife insurance coverage for a nominal premium.

These excellent financial ratings exemplify Principal's commitment to stable, long term growth, providing peace of mind to all Principal life insurance policyholders.

Bharti AXA Life Term Rider: Under this rider the policyholder can increase the Life Insurance coverage for a nominal premium.

Term life insurance is more straightforward: you purchase a policy for a set term, and if the policyholder dies during that term, the beneficiary receives a death beneTerm life insurance is more straightforward: you purchase a policy for a set term, and if the policyholder dies during that term, the beneficiary receives a death beneterm, and if the policyholder dies during that term, the beneficiary receives a death beneterm, the beneficiary receives a death benefit.

ROP term is especially attractive to policyholders who do not possess the wherewithal or the desire to pay whole life insurance premiums.

Finally, whole life insurance, not term life, will be eligible for annual life insurance policy dividends and it is only a certain percentage of whole life policies that pay dividends to policyholders.

Unlike term, a permanent life insurance policy will stay in force, unless it is canceled by the policyholder or the premium stops being paid for the coverage.

Similar to whole life insurance, term life coverage provides a lump sum death benefit in the event that the policyholder passes away while the policy is still active.

Because of this, term life insurance can provide policyholders with a very affordable and cost effective way to purchase a large amount of death benefit for a low premium outlay.

Initially, cash value life insurance works the same as term: The policyholder makes regular payments called premiums to keep the policy active.

Term life insurance is «pure» life insurance; the policyholder pays premiums and, if they die while the policy is in effect, their beneficiary (or beneficiaries) receives the death benefit.

Term insurance is the easiest form of life cover that pays out the assured sum on the demise of the policyholder.

Riders are modifications a policyholder can make to their level term life insurance policy to tailor it to their needs.

When comparing two separate term life insurance policies, you may notice that — even with the same exact coverage amounts of each of the policies — the amount of premium that is charged to the policyholder could be quite a bit different.

Policyholders can also purchase a 1 - year renewable term life insurance option.

Certain services offered with this value added workplace benefit may be available to MetLife Basic Term Life, Supplemental Term Life, and Accidental Death & Dismemberment (AD&D) insurance policyholders based on your company's benefit plan offering.

In India, the word term insurance refers to a policy that provides financial cover by assuring an amount for the life of a person who is the policyholder during a specified interval of his life (called the term).

Unlike term insurance, a permanent life insurance policy is good for the entire life of the policyholder.

Unlike term life insurance, which only covers a policyholder for a certain number of years, universal life insurance continues to cover a person thought their entire life, even in those later years as he becomes a larger and larger investment risk for the company.

This statistic leads me to believe that it only takes about three years before the term insurance policyholder realized they made a mistake and converted the policy to permanent insurance like indexed universal life.

Prudential also offers Term Elite protection, which provides policyholders the protection of term life while preparing them to convert to whole life insuraTerm Elite protection, which provides policyholders the protection of term life while preparing them to convert to whole life insuraterm life while preparing them to convert to whole life insurance.

Term life insurance awards a fixed amount of money at the death of the policyholder, and universal life insurance policies offer this as an option.

Both the indexed universal life insurance and the term life insurance policies typically include an accelerated death benefit so that a large portion of the death benefit can be paid to the policyholder in the event of a terminal illness.

A term conversion rider allows the policyholder to convert an existing term life insurance to permanent life insurance without a medical exam.

While a younger policyholder may have less money to invest in a policy, he or she can opt for a term plan instead of whole life insurance to avoid added costs.

Return of premium life insurance exists to mitigate the disappointment that many traditional term life policyholders feel when they realize that they've outlived their policies and spent thousands of dollars that can't be recovered.

Unlike with an IUL policy, a term insurance policyholder can not take loans or partial surrenders from the term policy to help manage critical life events because it's a term policy and there is no cash value.

One major problem with term life insurance is that most policyholders rely on their employer for this insurance, and as a result, they don't have enough coverage.

Universal life insurance is a type of life insurance policy that allows the policyholder to alter the policy in response to life changes, by merging the benefits of term life insurance with those of a savings account.

Another key difference between permanent and term life insurance is that various types of permanent life insurance policies accrue cash value that can be accessed while the policyholder is living.

A no medical exam term life insurance policy protects the policyholder if they die within the specified period (such as 10, 15, 20, 25, or 30 years).

It made sense that policyholders would want to keep term insurance instead of expensive whole life insurance, especially here in Palo Alto or the Bay Area, where housing prices and incomes were rising very quickly and folks realized that they needed larger and larger amounts of term insurance to replace the income of the main breadwinner or to pay off a large mortgage at death.

Whereas traditional term life insurance merely reassures its policyholders that their family members will enjoy some financial security after their passing, return of premium insurance ensures that they have something to show for their foresight.

Term life insurance policies also offer a level death benefit; whether the policyholder dies five years into the term or 20 years into the term, the death benefit will be the sTerm life insurance policies also offer a level death benefit; whether the policyholder dies five years into the term or 20 years into the term, the death benefit will be the sterm or 20 years into the term, the death benefit will be the sterm, the death benefit will be the same.

In order to maintain life insurance coverage the policyholder must embark on a new term life policy.