Sentences with phrase «term life policy if»

Get a term life policy if you have a family and need to replace your income in case you were to pass, I mean that is what it's for.

Age 55 is still a reasonable time to find an affordable term life policy if you're in relatively good health.

Although underwriting varies from one life insurance company to another, most will consider you for a term life policy if you apply during your first or second trimester.

Therefore, you stand to get a much better rate on your term life policy if you apply when you're young and healthy because insurance providers see you as a lower risk.

Choosing a private insurance policy also gives one the freedom to purchase a whole life policy rather than a term life policy if they so choose.

Not exact matches

As the name implies, term life insurance will provide a death benefit if an individual dies within the policy's term, up to 20 years typically.

(If that's the case, a term life - insurance policy — which would be pretty cheap, given your age — should help.)

This rider adds to the cost of your premiums but ensures that you'll receive a portion or the sum of premiums paid if you live past the term of the policy.

[16:00] Pain + reflection = progress [16:30] Creating a meritocracy to draw the best out of everybody [18:30] How to raise your probability of being right [18:50] Why we are conditioned to need to be right [19:30] The neuroscience factor [19:50] The habitual and environmental factor [20:20] How to get to the other side [21:20] Great collective decision - making [21:50] The 5 things you need to be successful [21:55] Create audacious goals [22:15] Why you need problems [22:25] Diagnose the problems to determine the root causes [22:50] Determine the design for what you will do about the root causes [23:00] Decide to work with people who are strong where you are weak [23:15] Push through to results [23:20] The loop of success [24:15] Ray's new instinctual approach to failure [24:40] Tony's ritual after every event [25:30] The review that changed Ray's outlook on leadership [27:30] Creating new policies based on fairness and truth [28:00] What people are missing about Ray's culture [29:30] Creating meaningful work and meaningful relationships [30:15] The importance of radical honesty [30:50] Thoughtful disagreement [32:10] Why it was the relationships that changed Ray's life [33:10] Ray's biggest weakness and how he overcame it [34:30] The jungle metaphor [36:00] The dot collector — deciding what to listen to [40:15] The wanting of meritocratic decision - making [41:40] How to see bubbles and busts [42:40] Productivity [43:00] Where we are in the cycle [43:40] What the Fed will do [44:05] We are late in the long - term debt cycle [44:30] Long - term debt is going to be squeezing us [45:00] We have 2 economies [45:30] This year is very similar to 1937 [46:10] The top tenth of the top 1 % of wealth = bottom 90 % combined [46:25] How this creates populism [47:00] The economy for the bottom 60 % isn't growing [48:20] If you look at averages, the country is in a bind [49:10] What are the overarching principles that bind us together?

While this makes term life insurance significantly less expensive than permanent life insurance, it also means that you will not receive any benefit if you outlive the policy.

In basic terms, mortgage life insurance pays off your mortgage balance if you die while the policy is in effect.

We recommend that you don't purchase credit life insurance and, if you're concerned about debts being passed on, purchase a term life insurance policy instead.

If you do not indicate that you have a long term care policy, plan to purchase an annuity or long term care policy to cover long term care, plan to use home equity or a family member to help care for you, or predict that you will not ever need long term care, then the system will apply costs to the last 3 years of your life.

For example, if you have a 30 - year mortgage for $ 300,000, you can purchase a term life insurance policy with a matching death benefit and term length.

In addition, term life insurance policies are cheaper than other forms of insurance, so they're usually the best choice if you need a particularly large amount of coverage.

Return of premium term life insurance (ROP) is a term insurance policy where the insurance carrier will return to you all the premiums you have paid, if you outlive your policy's term length.

Banner Life's term policy includes an accelerated death benefit rider and allows an individual to cash out up to 75 percent of the death benefit if you are diagnosed with a life expectancy of twelve months or lLife's term policy includes an accelerated death benefit rider and allows an individual to cash out up to 75 percent of the death benefit if you are diagnosed with a life expectancy of twelve months or llife expectancy of twelve months or less.

Just make sure that the term policy will definitely cover the entire length of a financial obligation, as you'll have a harder time finding coverage and have to pay higher rates if you still need life insurance at age 80 or 90.

When you purchase term life insurance, you agree to pay recurring premiums in return for the commitment by the insurance company to pay a death benefit if the insured happens to die during the term that the insurance policy is in effect.

If you're below 80 or fairly healthy, you should be able to qualify for term or guaranteed universal life insurance policies which offer low rates for seniors.

These policies all generally have a cash value component, which is essentially the surrender value of the policy (if you give it up before its maturity or your death), and is the primary reason permanent life insurance policies are more expensive than term policies.

A term life insurance policy offers coverage for a specified period of time, meaning that if you die during the term of the policy the beneficiary will receive the specified payout (also known as the death benefit or face value of the policy).

You can only purchase a Banner term life insurance policy through age 75, but the insurer is has some of the best rates available, even if you have some medical conditions.

Any term life insurance policy from Foresters can also be converted to a permanent life insurance policy if you still need coverage later.

If, for example, you received a significant promotion and raise 5 years after purchasing term coverage, you might want to convert to a permanent life insurance policy to take advantage of the tax benefits and receive dividends.

Yes, but you neglect to consider that the money you save by opting to go with term insurance can be invested, and you'll probably be out way ahead with that money for your beneficiaries and heirs rather than if they wait for you to die and collect their benefits through a whole life policy.

Please do not provide us with your personal information if you are not of legal age to purchase alcohol in the jurisdiction where you live or if you do not agree to the terms in this policy.

«But if we really want to improve maternal and child health in this country, let's also focus on things that can really do that in the long term — like subsidized day care, better maternity - leave policies and more employment opportunities for low - income mothers that pay a living wage, for example.»

In a radio interview Wednesday, DeFrancisco said he opted to take the pension money because it amounted to a «declining - term life insurance policy» for his wife if he did not.

As pioneers, we all have summoned the extra energy required to climb mountains, but if long - term improvements are to be made, we need to have policies that will make life sustainable on the other side.

Therefore, if you're shopping for life insurance and being pitched whole life (or currently have a whole life policy), compare the cost to a 20 or 30 year term policy, and discuss your decision with a financial planner, rather than just your insurance agent.

Term - to - 100 is similar to whole life, except without any refund of the cash surrender value if you cancel your policy.

If you have a cash value policy and can no longer afford to pay the contract's premiums but still need insurance, for example, your carrier may be able to continue insuring your life by using your policy's cash value to buy term life insurance.

Overall, those payments will be more expensive that term life payments, but it does make sense if you will want policies after you retire.

Request a term life insurance quote if you are in a hurry to get your policy started.

By purchasing a 20 year term life insurance policy during this time in your life, you can be certain your financial responsibilities will be covered if you were to pass away.

Therefore, if you are on the younger end of the age spectrum, you might want to consider purchasing something that will be in place for longer, such as a 30 year term policy or permanent life insurance policy.

For example, if you are 40 years old and want to cover your income until retirement at age 65, you can purchase a 25 - year term life insurance policy.

If you are considering purchasing a life insurance policy and you are between the ages of 18 and 49, you might want to consider purchasing a 20 year term life insurance policy.

A long - term care policy, purchased when one is younger, behaves as if it's prefunding one's late - life healthcare expenses on a level - payment basis.

Term life insurance is very affordable and if you're a college graduate whose parents helped you pay for college by co-signing loans, a term policy will cover the loan amount if you were to pass aTerm life insurance is very affordable and if you're a college graduate whose parents helped you pay for college by co-signing loans, a term policy will cover the loan amount if you were to pass aterm policy will cover the loan amount if you were to pass away.

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.

As an added benefit, the life insurance death benefit of the new hybrid policy would pay off her mortgage if she passed away, assuming she didn't use the policy for long - term care.

While term insurance is great for all of the «what ifs», there is the possibility that you will live past your policy's expiration date.

The only case in which you'd get cash back from an insurer with a term life insurance policy is if you have a return of premium rider.

Term life insurance policies have no cash surrender value so, if you decide to give up your coverage to the insurer, you won't receive anything in return.

If the insured dies within this term (10, 15, 20, 25, 30, or 35 years), the life insurance company pays a lump sum death benefit to the policy's beneficiaries.

Even if you aren't denied coverage altogether, you may have to pay more for a term life policy and overcome additional application obstacles.

There are a few catches — it'll raise the cost of your life insurance policy slightly, and your eligibility might be limited by the carrier, term length, and coverage amount — but if you're really concerned about the money you're spending on life insurance, it's worth looking into.

If you don't have dependents or outstanding debt that would be passed on to others, a term life insurance policy is likely not appropriate.