Sentences with phrase «type of variable life insurance policy»

An example of an insurance product being sold by some company is a type of variable life insurance policy that allows the insured person to claim the insurance amount coverage at a fixed time in the future in the event that the person does not die in the stipulated time.

Not exact matches

Under the broad umbrella of whole life insurance, there are several types available like the «variable» and «universal» insurance policies depending how your policy funds are invested.

Certain types of life insurance policies, including variable life, cash value life insurance and whole life insurance, combine life insurance with a tax - deferred investment account, and provide tax - free access to the cash value of the policy.

If you are considering permanent life insurance — such as whole life, universal life, or variable life insurance — you probably know that these types of policies provide both death benefits and cash value accumulation.

Variable Universal Life (VUL) is defined as a type of permanent insurance policy, in which the cash value can be invested into different accounts consisting, for example, of stocks, bonds and mutual funds.

Variable Universal Life (VUL) is another permanent life insurance type that offers similar features to other universal life policies, such as flexible allocation of premium paymeLife (VUL) is another permanent life insurance type that offers similar features to other universal life policies, such as flexible allocation of premium paymelife insurance type that offers similar features to other universal life policies, such as flexible allocation of premium paymelife policies, such as flexible allocation of premium payments.

The policy offers two types of life insurance loans: standard (fixed) and variable.

Protective Life offers several types of universal life insurance policies, including indexed universal life and variable universal lLife offers several types of universal life insurance policies, including indexed universal life and variable universal llife insurance policies, including indexed universal life and variable universal llife and variable universal lifelife.

When it comes to permanent life insurance, there are three types of insurance policies — whole, universal and variable.

Much like Universal Life, Variable Life insurance is a type of Permanent Life insurance that affords the purchaser more flexibility than a traditional Whole Life insurance policy.

Of course, there are many different variables that are involved in selecting the right type of business life insurance policOf course, there are many different variables that are involved in selecting the right type of business life insurance policof business life insurance policy.

A. Just like other types of permanent life insurance policies, you can take a loan from the cash value of a variable life insurance policy.

Flexible Premium Variable Life Insurance: A type of permanent life insurance policy in which the policy owner may vary the amount or timing of premium paymeLife Insurance: A type of permanent life insurance policy in which the policy owner may vary the amount or timing of premium Insurance: A type of permanent life insurance policy in which the policy owner may vary the amount or timing of premium paymelife insurance policy in which the policy owner may vary the amount or timing of premium insurance policy in which the policy owner may vary the amount or timing of premium payments.

If your investments do well, a variable life insurance policy can earn more cash value than other types of life insurance.

But take into account what type of cash value policy you have; whole life is more likely to grow at a steady rate, while variable life insurance can be less insulated from market downturns.

All of this makes a variable life insurance policy both a limited investment option and a limited life insurance option — just as we've seen with other permanent policy types.

Just as with the cash value component of other types of life insurance policies, the funds that are in the investment component of a variable insurance plan are allowed to grow on a tax - deferred basis, meaning that the money will not be taxed until the time of withdrawal.

In any case, an important consideration that any potential owner of a variable policy should have is that he or she will have much more control over how their funds are invested in this type of life insurance plan.

While there are many advantages of owning a variable life insurance policy, it is also important to consider some key factors prior to moving forward in order to be sure that this type of policy is the best option for you and your specific insurance and investment needs.

These type of policies have lost their popularity since newer forms of permanent life insurance such as universal life and variable life came to the scene.

A variable universal policy brings many of the benefits of other universal life types, including flexible premiums, and includes an annually renewable term life element to provide permanent life insurance.

Other types of permanent life insurance policies include variable life and variable universal life.

Variable Universal life insurance policies (VUL) are a type of permanent life insurance designed to build cash value and provide a death benefit.

It's a type of permanent life insurance and the performance of your variable universal life policy will depend on the performance of the mutual funds you are managing.

Variable life insurance is a form of whole life insurance, a type of policy that allows you to build up a cash value.

Some of the main types of permanent life insurance policies are whole life insurance, universal life insurance and variable life insurance.

Flexible Premium Variable Life Insurance: A type of permanent life insurance policy in which the policy owner may vary the amount or timing of premium paymeLife Insurance: A type of permanent life insurance policy in which the policy owner may vary the amount or timing of premium Insurance: A type of permanent life insurance policy in which the policy owner may vary the amount or timing of premium paymelife insurance policy in which the policy owner may vary the amount or timing of premium insurance policy in which the policy owner may vary the amount or timing of premium payments.

The variable life insurance definition specifically indicates that this type of policy combines the same protection standard life insurance offers with the additional earning potential of investment funds.

One type of policy that allows the policyholder the ability to take part in the potential growth of the equity market is variable life insurance.

Variable Life Insurance is a special type of a Permanent Life Insurance policy in which both the death benefit and the cash value depend on the investment performance of the underlying assets, usually one or two investment accounts known as «separate accounts» (or «sub-accounts») within the insurance company's pInsurance is a special type of a Permanent Life Insurance policy in which both the death benefit and the cash value depend on the investment performance of the underlying assets, usually one or two investment accounts known as «separate accounts» (or «sub-accounts») within the insurance company's pInsurance policy in which both the death benefit and the cash value depend on the investment performance of the underlying assets, usually one or two investment accounts known as «separate accounts» (or «sub-accounts») within the insurance company's pinsurance company's portfolio.

Variable Universal Life Insurance (VUL) is a permanent type of Life Insurance combining the essential features of Variable Life Insurance and Universal Life Insurance, thus allowing the policyholder to allocate premiums to different investment options, to build up cash value and to determine when and how much you invest in your policy.

Variable Life Insurance is fraught with more risks for the policyholder than any other types of insurance with a buildup of cash value feature because both the cash value and the amount of the death benefit may fluctuate up or down depending on the performance of the investment funds selected by the policyholder to underlie thInsurance is fraught with more risks for the policyholder than any other types of insurance with a buildup of cash value feature because both the cash value and the amount of the death benefit may fluctuate up or down depending on the performance of the investment funds selected by the policyholder to underlie thinsurance with a buildup of cash value feature because both the cash value and the amount of the death benefit may fluctuate up or down depending on the performance of the investment funds selected by the policyholder to underlie the policy.

All of this makes a variable life insurance policy both a limited investment option and a limited life insurance option — just as we've seen with other permanent policy types.

For more information on variable life insurance policy options - or other types of life insurance - give us a call at 1-844-733-5433 and talk with a Protective Life Aglife insurance policy options - or other types of life insurance - give us a call at 1-844-733-5433 and talk with a Protective Life Aglife insurance - give us a call at 1-844-733-5433 and talk with a Protective Life AgLife Agent.

Besides variable life insurance, there are three other types of permanent life insurance policies: whole life insurance, universal life insurance, and variable universal life insurance.

Whether you're interested in variable life insurance or another type of permanent insurance, we offer a variety of life insurance policies from which to choose.

But take into account what type of cash value policy you have; whole life is more likely to grow at a steady rate, while variable life insurance can be less insulated from market downturns.

It's worth talking to a licensed expert or reading our full explainer on variable life insurance if that's the type of policy you're considering, but here are the basics.

There are several types of universal life insurance policies, including interest - sensitive (also known as «traditional fixed universal life insurance»), variable universal life (VUL), guaranteed death benefit, and has equity - indexed universal life insurance.

There are many types of permanent policies: whole life insurance, universal life insurance, variable life insurance, and variable universal life insurance.

Variable Universal Life Insurance For those that are interested in maintaining a cash value life insurance policy, this type of life insurance can give you more control over the cash value of your polLife Insurance For those that are interested in maintaining a cash value life insurance policy, this type of life insurance can give you more control over the cash value of youInsurance For those that are interested in maintaining a cash value life insurance policy, this type of life insurance can give you more control over the cash value of your pollife insurance policy, this type of life insurance can give you more control over the cash value of youinsurance policy, this type of life insurance can give you more control over the cash value of your pollife insurance can give you more control over the cash value of youinsurance can give you more control over the cash value of your policy.

In any case, an important consideration that any potential owner of a variable policy should have is that he or she will have much more control over how their funds are invested in this type of life insurance plan.

A variable life insurance policy is a permanent type of policy that provides life insurance protection with cash value.

This type of insurance is available as a whole life or universal life insurance policy that can also be considered variable life insurance.

Indexed universal life insurance and variable universal life insurance are meant for people who may be more savvy in regards to investing as these types of policies need to be monitored closely on the overall performance of the cash value.

Just as with the cash value component of other types of life insurance policies, the funds that are in the investment component of a variable insurance plan are allowed to grow on a tax - deferred basis, meaning that the money will not be taxed until the time of withdrawal.

While there are many advantages of owning a variable life insurance policy, it is also important to consider some key factors prior to moving forward in order to be sure that this type of policy is the best option for you and your specific insurance and investment needs.

Several different types of life insurance policies are available, including whole life, term life, variable life, and universal life.

There are four different types of permanent life insurance policies: whole life, universal life, variable life and universal - variable life.

The types of permanent policies available are whole life insurance, variable life and universal life.