Sentences with phrase «tie life insurance benefits»

Many group plans will tie life insurance benefits to your annual income.

Many group plans will tie life insurance benefits to your annual income.

Not exact matches

If you purchase a variable life insurance policy with a $ 250,000 face value, your death benefit could be lower or higher based on how the investments your policy is tied to perform over time.

Much like the IUL, a variable universal life has a portion of the cash value tied to the markets to attempt to grow money more aggressively while utilizing the tax and death benefits of life insurance.

An IUL is a standard universal life insurance policy by means of death benefit, but the growth inside is tied, in part, to different indices of the stock market.

Products include Indexed UL insurance providing permanent coverage with a cash value tied to the markets, term life insurance offering tax - free death benefits and convertible to permanent coverage, whole life insurance providing permanent coverage that builds cash value with guaranteed premiums, and universal life insurance supplying permanent coverage that's flexible to meet clients» needs and builds cash value.

The death benefit of universal and variable universal life insurance are tied to the success of investments, so the actual death benefit payout may be less than the policyholder planned to leave his or her family if the investments do not yield the anticipated return.

While your mortgage life insurance premiums stay constant, your policy's benefits are tied to the principle.

Things like aviation, rock climbing and foreign travel are pretty easy to handle with traditional life insurance, but when the death benefit increase is directly tied to the hobby, it is easier to handle with accidental death insurance.