Sentences with phrase «variations of universal life insurance policies»

Not exact matches

Remember that the types of cash value life insurance vary based upon the formula for accruing cash value within the policy but the most common variations are dividend paying whole life insurance or indexed universal life insurance.

With a whole life insurance policy, or with a variation of a whole life policy known as a universal life insurance policy, the death benefits can extend throughout your life.

With other types of policies, variations in dividend payments (which can be used to pay against premium), cash value, and costs of insurance in the case of universal life policies can all create variability with the amount of premium required to keep the policy in force and the ultimate death benefit.

But try to remember that whatever the name on the policy — universal life, variable life, Irresistible Life, Irreplaceable Life, The Champion, The Solution — all are in fact variations on the two basic kinds of coverage: term insurance and whole - life insurance (also called cash value or permanelife, variable life, Irresistible Life, Irreplaceable Life, The Champion, The Solution — all are in fact variations on the two basic kinds of coverage: term insurance and whole - life insurance (also called cash value or permanelife, Irresistible Life, Irreplaceable Life, The Champion, The Solution — all are in fact variations on the two basic kinds of coverage: term insurance and whole - life insurance (also called cash value or permaneLife, Irreplaceable Life, The Champion, The Solution — all are in fact variations on the two basic kinds of coverage: term insurance and whole - life insurance (also called cash value or permaneLife, The Champion, The Solution — all are in fact variations on the two basic kinds of coverage: term insurance and whole - life insurance (also called cash value or permanelife insurance (also called cash value or permanent).

Whether a single - person policy or a Second to Die policy, you'll have some options for policy types, meaning you can choose between several variations of permanent life insurance for your ILIT, including standard whole life, universal life, and variable life insurance.

Remember that the types of cash value life insurance vary based upon the formula for accruing cash value within the policy but the most common variations are dividend paying whole life insurance or indexed universal life insurance.

There are other variations of this type of policy, one of which is the universal life insurance.

Whole life, Universal life, and variable life insurance policies are all variations of permanent life insurance and all include a cash value that is accrued over time.