Sentences with phrase «universal during the life of the policy»

With American General you can convert your policy from term to universal during the life of the policy up to age 70.

Not exact matches

(1) to protect and promote breastfeeding, as an essential component of their overall food and nutrition policies and programmes on behalf of women and children, so as to enable all infants to be exclusively breastfed during the first four to six months of life; (2) to promote breastfeeding, with due attention to the nutritional and emotional needs of mothers; (3) to continue monitoring breastfeeding patterns, including traditional attitudes and practices in this regard; (4) to enforce existing, or adopt new, maternity protection legislation or other suitable measures that will promote and facilitate breastfeeding among working women; (5) to draw the attention of all who are concerned with planning and providing maternity services to the universal principles affirmed in the joint WHO / UNICEF statement (note 2) on breastfeeding and maternity services that was issued in 1989; (6) to ensure that the principles and aim of the International Code of Marketing of Breastmilk Substitutes and the recommendations contained in resolution WHA39.28 are given full expression in national health and nutritional policy and action, in cooperation with professional associations, womens organizations, consumer and other nongovermental groups, and the food industry; (7) to ensure that families make the most appropriate choice with regard to infant feeding, and that the health system provides the necessary support;

At certain points during the period of coverage, you can convert your term policy to a permanent life insurance policy (such as a whole life insurance policy or universal life insurance policy) and premiums are determined by your original health rating.

The strategy initially involves the purchase of a universal life insurance policy during your income earning years.

During times of high interest rates, those with universal life might see their cash values accumulate faster than those with whole life policies.

This could mean that during periods of rising interest rates, universal life insurance policy holders may see their cash values increase at a rapid rate compared to those in whole life insurance policies.

Death Benefit Options: There are four classifications for death benefit options under universal life insurance policies and these are as follow: a. Level death benefit: This only covers the amount accumulated during the length of the policy.

Indexed universal life (IUL) insurance is often pitched as a cash value insurance policy that benefits from the market's gains — tax free — without the risk of loss during a market downturn.

Universal Life and Variable Universal Life policies may allow 30 - 60 days for additional funding premiums to be paid if there is insufficient cash value to sustain the policy during the monthly calculation of expense charges and policy credits.

The strategy initially involves the purchase of a universal life insurance policy during your income earning years.

A more flexible version of variable survivorship life insurance called «variable universal survivorship life insurance» allows the policyholder to adjust the policy's premiums and death benefit during the policy's life.

With universal / unbundled life insurance, the premiums and death benefit can be changed during the life of the policy.

Whether you're buying universal life insurance, variable life insurance, or another type of life insurance, under the laws of your state, you may have a «free look» period during which you may cancel the policy without penalty.

What this means is during periods of rising interest rates, the cash value of your universal life insurance policy could increase rapidly.

During times of rising interest rates a universal life insurance policy may also increase rates faster than a whole life policies increase dividends.

Universal life insurance policies became extremely popular during the 1980s, when interest rates were at an all - time high of 15 % or more.

On the other hand, flexible universal life insurance has a fluctuating premium and an adjustable death benefit during the course of the policy.

Some types of life insurance policies, including whole life, universal life and variable life, can accumulate cash value during the policyholder's lifetime.

Using a variable universal life policy as a way to make a lot of money is generally futile unless the policy is paid for in one lump sum during a period of essentially bottomed - out markets, because that would create enough cash value in the account to make sizable investments for the long term.