Sentences with phrase «typically small life insurance policies»

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

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.

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.

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.

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.

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

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.