Sentences with phrase «term policies feature»

Long - term policies feature an «elimination period,» the number of days you pay for care on your own until the policy starts paying.
While some term policies feature increasing or decreasing premiums and benefits over time, these figures are fixed and won't be adjusted during the life of the term.
Decreasing Term: A decreasing term policy features a death benefit that declines each year according to a predetermined schedule.
A few of Your Term policy features include:

Not exact matches

In its assessment of our compensation program for our PMDs, Semler Brossy confirmed that the program has been aligned with and is sensitive to corporate performance, contains features that reinforce significant alignment with shareholders and a long - term focus, and blends subjective assessment and policies in a way that addresses known and perceived risks.
The benefit of term life insurance policies is that they can be structured to fit your financial situation, as you can customize several features of the policy:
Aside from the policy features, the biggest difference between term and whole life insurance policies is the cost.
By adding features and announcing new policies over the last few months, Twitter has signaled in no uncertain terms that they see video as the next big thing for the platform.
The recent federal election featured something of a debate on fiscal policy, with the Liberals promising to run modest deficits for three years in order to stimulate a sagging economy and finance needed long - term investments in infrastructure and social programs.
Since life is unpredictable, term insurance often has an added feature: the ability to convert the term policy to permanent coverage within a certain conversion period — for example within the first 10 years of a 20 year policy.
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Treat coastal seats as a distinct group within the «40/40» marginal seats - both in terms of the policy challenges they face and in terms of analysing their new Mosaic demographic data to understand the electoral features they have in common
Features that feed resistance to change within the legacy sectors, according to the two, include pricing structures that favor existing technology, powerful vested interests, financing structures that do not easily accommodate the long - term investment requirements of competitor technologies and longstanding regulatory and policy impediments to change.
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These states were chosen because they share some key policy features and because they are diverse in terms of size, population, and geographic location.
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In the sections that follow we will do our best to give a broad overview of private long - term disability insurance, including the pros and cons, and provide definitions of the various features and provisions that you might want to consider when designing your own individual policy.
The benefit of term life insurance policies is that they can be structured to fit your financial situation, as you can customize several features of the policy:
Aside from the policy features, the biggest difference between term and whole life insurance policies is the cost.
A feature found in some insurance companies» joint policies is the ability to convert a joint term policy into permanent insurance.
Long - term care policies do, however, have additional features that the informed buyer will wish to examine:
When shopping for term life insurance, the key policy features which will impact premiums are the term length and death benefit.
As a result, some term life policies feature an option to convert the coverage into permanent life insurance within certain parameters.
A decreasing term life policy (aka mortgage life insurance) features a death benefit that declines over time, even while the premium typically stays the same.
Life insurance classified as return of premium (ROP) features a return of premiums paid to purchase coverage if the insured outlives the term of the policy, or payment of some portion of premiums paid to the beneficiary upon the insured's death.
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The basic features of the long - term care policy include the following: Elimination Period: The elimination period functions like an insurance deductible, during which time the insured pays for medical expenses.
This is a great feature as it means you don't have to pay higher premiums over the entire term of the policy if you only need more coverage for a short period of time.
A great feature of convertible term life insurance is the ability to customize it for your particular situation and lifestyle with policy riders.
The best long term care insurance company and policy will be the one that offers the most features and flexibility, while providing an affordable premium.
You already you know you want term life insurance, but there are other policy features you may be considering, like an accelerated death benefit or a return of premium policy.
These hybrid life insurance long - term care policies are a good alternative for those who don't like the «use it or lose it» feature of traditional LTCI.
Guaranteed insurability can be an incredibly valuable feature since, for example, you might get cancer or another disease during the original term that would make it incredibly challenging to qualify for a new policy (and, if you did manage to get coverage, the cost would be incredibly high).
They have features similar to a managed fund combined with an insurance policy and can be a tax effective way to invest for the long - term if certain rules for making contributions and withdrawals are followed.
It is a long term investment with features similar to a managed fund combined with an insurance policy.
Transamerica offers two term life insurance policies, the Trendsetter Super Series and Trendsetter LB, which are quite similar with regards to their features.
At first look, term and universal life policies are the only plans available from Banner Life, but what they lack in variety, they make up for by providing term and universal policies with features unlike any others.
This is a flexible policy which features both term and whole life.
While this can be done with term life insurance policies, this feature is, along with the premium flexibility, one of the main selling points of a universal policy.
Life insurance is subject to exclusions and limitations and terms for keeping it in force, Certain types of policies, features and benefits may not be available in all jurisdictions or may be different.
If you still need that financial safety net when you're in your 60s or 70s, you'll need to shop for a new policy (which may be prohibitively expensive) or convert your term life policy to whole life to continue coverage — a feature typically offered by most carriers for free.
When you're deciding between term vs. whole life insurance, it's important to know which features each policy has that you may or may not need.
Long - term disability premiums are based on age, gender, occupation and features, but you can generally expect to pay between 1 % to 3 % of your annual salary for a policy.
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