Sentences with phrase «using ordinary whole life insurance»

When the need is long - term but cash flow is currently insufficient to buy the needed coverage using higher premium ordinary whole life — Parents in younger families often have major long - term support obligations for their young children and spouses, have committed expenses that already strain the family's budget and, therefore, simply can not afford the premiums necessary to buy the amount of coverage they need to protect their families using ordinary whole life insurance.

Not exact matches

Guaranteed acceptance whole life insurance is used primarily to cover final expenses and burial costs for those who can not qualify for ordinary life insurance.

Level premium whole life insurance (sometimes called ordinary whole life, though this term is also sometimes used more broadly) provides lifetime death benefit coverage for a level premium.

Ordinary life insurance is simply an alternate term used for whole life insurance or straight life insurance.