Sentences with phrase «understand than the life insurance»

The problem for most people is that baseball is much easier to understand than the life insurance policies that are presented to them when they shop for life insurance.

Not exact matches

One of the key differences to understand is that while you can purchase much more term life insurance than permanent insurance for your money, if you don't die during the term, your favorite charity won't receive any death benefit.

Most new parents understand the importance of life insurance, but few realize that their odds of losing their income because of disability are far greater than dying young, says Mike Haggerty, director of financial planning services at Community America Credit Union in Kansas City, Mo..

Since an MEC can not be reversed, you need to understand that you are losing the tax advantages associated with a life insurance policy and that you will be left with, essentially, a life insurance policy that functions more as a non-qualified retirement account than a life insurance contract.

In theory, you don't need to know more than that to understand your life insurance policy.

Term life insurance is simpler to understand and usually much less expensive than a comparable permanent life insurance policy, which is why term life insurance is often the better choice for the majority of consumers.

Almost four in 10 Americans do not have life insurance coverage, according to a late 2012 survey by industry website InsuranceQuotes.com — and of those who do have coverage, more than a third say they don't fully understand the terms of their policies.

If our perspective clients do not understand the life insurance terminology or how life insurance works in general, we always take the time to give than that information so they can properly understand what they are purchasing.

But there are others who understand that having more than one life insurance policy gives you a better standing while facing adversities.

Well we understand that most people don't want to spend money this late in life on life insurance policies, but we feel it is much better to have some coverage than no coverage at all.

We understand that most people don't want to spend a lot of money on life insurance, but we feel it is better to have some coverage rather than no coverage.

Over the years, I personally have come to understand so much more about the life insurance business than I ever dreamed.

At Protective, we understand that life is about more than just life insurance.

We understand that financial planning and preparedness involves more than just decisions about your life insurance needs.

Either way, if you're shopping for life insurance you should first understand how insurers see things, because otherwise you might end up paying a higher premium than necessary.

That's a quick primer, but it's important to understand that the product and the vetting process make it much cheaper than final expense of guaranteed issue whole life insurance.

If you moved around a lot or are living in an area that is not ideal for the insurance scoring or rating of your «risk» it may be worth speaking to a licensed professional to understand more about this factor and if this is impacting your rate more than you realize.

Though it may feel like you're facing a steep learning curve, the good news is that understanding how life insurance works might be simpler than you imagine.

An experienced life insurance agent can get to know your specific needs, understand what you're looking for, and help you find cost - effective choices that may be more accurate than relying on an automated online quote system.

Yet, while some amount of life insurance is better than having none at all, it is important to have a good understanding of how much coverage you truly need — as it could make a drastic difference in how your loved ones will go on if the unthinkable should happen.

This is an extremely important subject that more than 90 % of the life insurance shoppers don't understand.

It's important for anyone purchasing life insurance to understand that life insurance companies look at each individual risk differently, some more favorably than others.

You will pay more for your life insurance than you have to by working with a novice who doesn't understand heart problems.

Now it doesn't take a genius to understand that a permanent life insurance policy will surely cost more per month than a policy that expires at a certain age like 80 or 90.

An experienced Life insurance agent can quickly can get to know your specific needs, understand exactly what you're looking for, and help you find a cost effective solution that may be more accurate than you would get with an automated online quote system.

One of the key differences to understand is that while you can purchase much more term life insurance than permanent insurance for your money, if you don't die during the term, your favorite charity won't receive any death benefit.

Even though it's more complicated than term life insurance, a Whole Life policy is still fairly simple to understlife insurance, a Whole Life policy is still fairly simple to understLife policy is still fairly simple to understand.

In fact, more than 83 % of American consumers said in a recent poll that they would buy term life insurance if information on how to select the right policy wasn't difficult to find and was easy to understand.

The idea of life insurance is much easier to understand than you might expect.

It is not difficult to understand why seniors pay more for life insurance than younger applicants.

When it comes to a life insurance policy, you could just start getting quotes, but if you don't understand what they mean, there's a very good chance you won't get the coverage that you need and you'll end up paying more than you need to.

Read on and LifeAnt will cut through the noise and help you to understand if a term life insurance policy really is a better choice than whole life or other cash value life policy.

Because burials and funerals often cost a lot more than people think they do, it is important to understand options like final expense life insurance.

According to the 2018 Life Insurance Needs Survey * from Allianz Life Insurance Company of North America (Allianz Life ®), nearly nine in 10 people (88 %) understand the death benefit component of permanent life insurance, yet more than half (51 %) are unsure or don't believe cash value from permanent life insurance can be used to help fund college education, supplement retirement income or assist with other financial neLife Insurance Needs Survey * from Allianz Life Insurance Company of North America (Allianz Life ®), nearly nine in 10 people (88 %) understand the death benefit component of permanent life insurance, yet more than half (51 %) are unsure or don't believe cash value from permanent life insurance can be used to help fund college education, supplement retirement income or assist with other financiInsurance Needs Survey * from Allianz Life Insurance Company of North America (Allianz Life ®), nearly nine in 10 people (88 %) understand the death benefit component of permanent life insurance, yet more than half (51 %) are unsure or don't believe cash value from permanent life insurance can be used to help fund college education, supplement retirement income or assist with other financial neLife Insurance Company of North America (Allianz Life ®), nearly nine in 10 people (88 %) understand the death benefit component of permanent life insurance, yet more than half (51 %) are unsure or don't believe cash value from permanent life insurance can be used to help fund college education, supplement retirement income or assist with other financiInsurance Company of North America (Allianz Life ®), nearly nine in 10 people (88 %) understand the death benefit component of permanent life insurance, yet more than half (51 %) are unsure or don't believe cash value from permanent life insurance can be used to help fund college education, supplement retirement income or assist with other financial neLife ®), nearly nine in 10 people (88 %) understand the death benefit component of permanent life insurance, yet more than half (51 %) are unsure or don't believe cash value from permanent life insurance can be used to help fund college education, supplement retirement income or assist with other financial nelife insurance, yet more than half (51 %) are unsure or don't believe cash value from permanent life insurance can be used to help fund college education, supplement retirement income or assist with other financiinsurance, yet more than half (51 %) are unsure or don't believe cash value from permanent life insurance can be used to help fund college education, supplement retirement income or assist with other financial nelife insurance can be used to help fund college education, supplement retirement income or assist with other financiinsurance can be used to help fund college education, supplement retirement income or assist with other financial needs.

Individuals who may want more than a standard term life insurance policy understand that both of these are more expensive and contemplate, «If I'm paying much more, why don't I simply get the policy that will last my whole lifetime?

It is important to understand, though, that if you later decide to renew your term insurance policy, those premiums might be even higher than whole life insurance premiums (see the chart below).

As to permanent life insurance, I understand your hesitation with universal life, and much of whole life, but I've owned a Northwestern Mutual Whole Life policy for 21 years, and truth be told, it has done better than any investments I've made (which could be an indication of how lousy of an investor I am, but 2008 hit my 201K real hard, as well as my E-Trade accoulife insurance, I understand your hesitation with universal life, and much of whole life, but I've owned a Northwestern Mutual Whole Life policy for 21 years, and truth be told, it has done better than any investments I've made (which could be an indication of how lousy of an investor I am, but 2008 hit my 201K real hard, as well as my E-Trade accoulife, and much of whole life, but I've owned a Northwestern Mutual Whole Life policy for 21 years, and truth be told, it has done better than any investments I've made (which could be an indication of how lousy of an investor I am, but 2008 hit my 201K real hard, as well as my E-Trade accoulife, but I've owned a Northwestern Mutual Whole Life policy for 21 years, and truth be told, it has done better than any investments I've made (which could be an indication of how lousy of an investor I am, but 2008 hit my 201K real hard, as well as my E-Trade accouLife policy for 21 years, and truth be told, it has done better than any investments I've made (which could be an indication of how lousy of an investor I am, but 2008 hit my 201K real hard, as well as my E-Trade account).

This is why using a quote comparison tool like Life Ant can help client's understand the insurance marketplace, and may help them obtain a lower cost policy than the one offered by their agent.

You should compare quotes because you should understand how much less expensive term life insurance is than permanent forms of insurance, for the same amount of coverage.

Term life insurance is simpler to understand and usually much less expensive than a comparable permanent life insurance policy, which is why term life insurance is often the better choice for the majority of consumers.

Universal life insurance works differently than whole life insurance so it important to understand each type of coverage before you purchase your life insurance.

While it may seem like a quick and comfortable solution to call your longtime auto insurance agent and ask about life insurance, understand that this will severely limit your options, and you will likely end up spending 25 to 30 percent more than you should.

When looking for any type of insurance, rather than simply choose the company that offers the lowest term life insurance quotes, it is important to understand the company you choose to back your policy.

Everyone (particularly married individuals who are looking to buy life insurance at the same time) needs to understand that there is a very good chance that the best type of life insurance policy for you isn't going to be the best life insurance policy for someone else (married couples take note, it may make sense to apply with different insurance companies than your spouse).

The good news is that arriving at a more realistic accounting of how much term life insurance you're going to need doesn't require more than an honest accounting of your insurance needs, and a basic understanding of simple arithmetic.

Actually, life insurance is easier to understand than auto insurance, and probably easier to understand than the smart phone you own.

Hopefully this article gave you a better understanding as to some of the benefits and reasons to take the plunge and purchase you life insurance coverage sooner than later.

It's important to understand that the insurance product and the vetting procedure make it much less expensive than final expense or guaranteed issue whole life insurance.

Posted in contractual understanding, death benefit, grandparent life insurance, insurance, life insurance Tagged insurance, life insurance, life insurance advice, life insurance guidance, life insurance trust, some life insurance better than nothing, working and building wealth

It's important to understand the impact of choosing to own a life insurance policy on someone other than yourself or allowing your spouse or partner to buy an insurance policy on your life.