Sentences with phrase «typically small life insurance»

Also known as funeral or final expense insurance, burial policies are typically small life insurance policies that can range anywhere from $ 5,000 up to $ 25,000.

Not exact matches

Term life insurance would typically not work in this case because the coverage amount would be too small, the client would likely be uninsurable because of health issues, and the client's age would be outside the range a life insurance company would approve coverage for.

Burial Insurance is typically a small whole life policy sold to seniors to help cover the cost of burial and other final expenses.

Because these policies are smaller and more expensive, they are typically the «life insurance of last resort».

This important whole life insurance policy is typically purchased to cover the cost of a funeral and burial and, sometimes, other expenses that must be paid to close an estate, such as credit cards and other types of small loans or bills.

A Guaranteed Issue life insurance policy is typically, a small Whole Life pollife insurance policy is typically, a small Whole Life polLife policy.

Although the face value (death benefit) is typically smaller than that of a traditional life insurance policy, so are the premiums.

Now headquartered in St. Louis, Missouri the company aggregates a large group of small, independent insurance managing general agents who typically offer life insurance and annuities.

Although it's easier (and faster) to buy than term life, guaranteed issue life insurance offers much smaller death benefits and is typically available only for shoppers in certain age groups (for example, age 50 through 80).

Typically, Final Expense Insurance is a small permanent life policy.

Guaranteed issue life insurance policies typically offer smaller insurance amounts and can be purchased without a medical exam.

Typically, a small Whole Life policy, Guaranteed Issue life insurance is recommended for people who can't qualify for traditionally fully underwritten policLife policy, Guaranteed Issue life insurance is recommended for people who can't qualify for traditionally fully underwritten policlife insurance is recommended for people who can't qualify for traditionally fully underwritten policies.

Burial Insurance is typically a small whole life policy sold to seniors to help cover the cost of burial and other final expenses.

Guaranteed Issue Life Insurance Policies only provide a small amount of coverage, typically $ 25,000 dollars or less.

Final expense policies are a smaller amount of permanent life insurance (typically $ 5,000 - $ 40,000) that you can purchase to give your family the protection that they need to cover the funeral and all other related costs.

Although the face value (death benefit) is typically smaller than that of a traditional life insurance policy, so are the premiums.

It's similar to guaranteed issue life insurance in that it's a relatively small coverage amount, but it's more than you'll typically get with guaranteed issue.

While a whole life policy's cash value is typically guaranteed to grow a certain amount, it's smaller than the potential growth of a variable life insurance policy.

For those that do, the average amount of coverage is typically small, and often just enough to provide the benefit of covering final expenses.1 The fact is, there are many other benefits to purchasing life insurance for your child, including locking in their future coverage.

And, if you don't think that your budget will budge enough to afford a small monthly life insurance premium, then consider what you spend on other non-essentials that will typically cost you more than $ 13.00 a month.

Although it's easier (and faster) to buy than term life, guaranteed issue life insurance offers much smaller death benefits and is typically available only for shoppers in certain age groups (for example, age 50 through 80).

Guaranteed life insurance typically has a much smaller death benefit than term or permanent life insurance, but will be issued few - questions - asked so long as you can pay the premium.

An employee can then choose to purchase supplemental life insurance, typically by paying a small monthly premium.

Mortgage protection insurance policies are typically smaller than life insurance policies, so the monthly premiums are affordable.

How it generally works is that you pay a few extra dollars on top of your life insurance policy's monthly premium and then each of your current children under the age of 18 and any future children you may have are covered with a small amount (typically anywhere between $ 1,000 — $ 25,000) of life insurance coverage.

Because the funds are to be used specifically for funeral expenses (cremation or burial), the cash payout is smaller, around $ 5,000 - $ 10,000, as opposed to a whole or term life insurance policy that has a payout of typically $ 250,000 or up to a million dollars or more.

Burial insurance is a type of whole life insurance with a small death benefit, typically $ 5,000 to $ 25,000, specifically intended to cover your burial expenses.

Similar to burial insurance, the death benefits on guaranteed issue life insurance are typically smaller than those of many traditionally underwritten policies.

Group term life insurance offered to members of an association typically does not offer an organization - paid base amount but instead provides a small discount on premiums to eligible members.

I only looked at whole life insurance policies and did not evaluate «guaranteed issue whole life insurance policies» (sometimes called simplified issue, final expense, or burial insurance) because they typically are limited to small dollar amounts of $ 5,000 — $ 25,000, they don't offer very much coverage for the premium, and there's a waiting period of two to three years.

Because these policies are smaller and more expensive, they are typically the «life insurance of last resort».

Final expense insurance, also known as burial insurance or funeral insurance, is typically a small cash value whole life insurance policy with a face amount from as low as $ 1,000, all the way up to $ 100,000.

Smaller life insurance companies that typically originate $ 1 million to $ 3 million in whole loans per year have begun to question the wisdom of continuing to offer such loans, Hadley said.