Sentences with phrase «want life insurance benefits»

This plan is unique term life insurance for travelers who will live abroad for a period of time and want life insurance benefits for their family or as corporate and financial protections.

When you want a life insurance benefit that stays in force during your entire life then you want a whole life policy.

Before all this, though, you need to decide if you want a life insurance benefit for the rest of your life, for a defined number of years, or some combination.

Not exact matches

For instance, if your spouse died, you'll want to locate a will, if there is one, and obtain a death certificate so that you can begin the process of claiming any life - insurance death benefits and other possible benefits.

Unless you want a small death benefit to cover final expenses, the cost of whole life insurance makes it a poor choice for simple coverage.

If flexibility is important to you, you may want to consider a combination of whole life insurance with LTC benefits to provide the options you are looking for.

If you already own life insurance, you can add the charitable organization as another beneficiary and specify how you want the death benefit distributed.

For example, an outstanding mortgage should usually be accounted for in your life insurance death benefit, as you don't want your family to have to move following your death.

If, for example, you received a significant promotion and raise 5 years after purchasing term coverage, you might want to convert to a permanent life insurance policy to take advantage of the tax benefits and receive dividends.

For example, parents may want to gift to a child via a large life insurance policy, but they hold back out of fear that the death benefit might reduce the child's motivation to pursue a degree or build a career.

A benefits counselor and independent insurance agent with Colonial Life, Foxx has been active in the community and said he hoped voters would want to elect «someone who recognizes that times are changing.»

Life insurance annuities will be fixed - interest annuities, but as a beneficiary you can choose whether you want the benefit paid out throughout a fixed period or your lifetime.

Gerber's term life insurance also provides between $ 25,000 to $ 150,000 of coverage, and doesn't require a medical exam if you're under 50 or want a death benefit of up to $ 100,000.

Unless you want a small death benefit to cover final expenses, the cost of whole life insurance makes it a poor choice for simple coverage.

For example, an outstanding mortgage should usually be accounted for in your life insurance death benefit, as you don't want your family to have to move following your death.

Once you know you want to provide benefits to your family upon your passing, and you have chosen to buy a permanent life insurance policy, the next decision you need to make is which type of permanent life insurance best suits your needs.

Often, grandma or grandpa will see the benefits of whole life insurance and want to get a policy for the grandchildren.

Sagicor's guaranteed universal life insurance policy is somewhat similar to a term life insurance policy that lasts until you turn 120, making it a great choice if you just want a permanent death benefit.

A great benefit for both single premium whole life insurance policies is that, if you decide later on that you want to surrender the policy and cancel your coverage, you'll get a full return of your premium.

Colonial Penn's Guaranteed Acceptance Program is a whole life insurance policy with a limited death benefit, and is often marketed to seniors that want to reduce their family's financial impact upon their death.

Whole life insurance is good to consider if you're interested in the benefits of having coverage, but also want to take advantage of using the cash value as an investment vehicle.

For example, if you have a pre-existing condition and want a $ 350,000 death benefit to cover your mortgage, you will only be able to get this amount of coverage through a term life insurance policy.

In this article we'll be discussing the benefits of the qualified plans, but first we want to showcase the fact that some of these plans can invest in life insurance.

So, even if in his will, your father stated that he wanted you and your siblings to receive life insurance death benefits, but the actual life insurance contract names your aunt as the sole beneficiary, the life insurance contact supersedes what he says in the will.

With whole life insurance, the guaranteed annual rate of return is lower than you might get with alternative investments, but you may want your child to have a death benefit as well.

You believe that you would outlive a term life insurance policy and want something that will grow over time that has certain guarantees like cash value growth and death benefit

You already you know you want term life insurance, but there are other policy features you may be considering, like an accelerated death benefit or a return of premium policy.

Universal life insurance policies offer flexibility in choosing whether you want to set up the policy with a sizable death benefit or begin it with a lower death benefit that increases over time.

If you determine that you need additional coverage, the first thing you'll want to do is find out if your life insurance benefit through work (assuming you have such a benefit) has increased along with your compensation.

For example, if you bought life insurance to make sure your spouse would be taken care of financially and you don't have children, you may want the death benefit to go towards a non-profit.

If you want to have multiple life insurance beneficiaries, there are 3 ways to assign the death benefit each will receive:

Annuities are also helpful when you can't get life insurance or you want some long - term care benefits but don't have the money to pay for it out of pocket.

Consult with a licensed life insurance agent or tax professional when buying the policy to ensure your policy will produce the tax benefits you want.

Beneficiaries can then use the money for whatever they want, but many people will use a life insurance benefit to meet their financial obligations after the loss of the policyholder's income.

If a person no longer wants or needs their life insurance then why should they be denied the opportunity to receive a value greater than the cash surrender value but less then the death benefit?

A couple may want to retain medical insurance, governmental or tax benefits that may continue because the couple is still considered to be married although living separate lives;

Surrender value of IndiaFirst Simple Benefit Plan and Aegon Life Easy Protect is the amount of money that will be provided by the insurance company in case you want to surrender the policy before maturity.

Once you have a good idea of what you want the death benefit to be used for, it's fairly easy to decide how much life insurance you should have.

If you determine that you need additional coverage, the first thing you'll want to do is find out if your life insurance benefit through work (assuming you have such a benefit) has increased along with your compensation.

Anyone who wants their life insurance premiums and death benefit guaranteed level for the rest of their lives.

A whole life insurance policy works best for someone who can afford the higher premiums and wants a guaranteed death benefit for their family members or estate no matter how long they live.

Tom Buckingham, our Chief Operating Officer explains why a consumer may want the protection that term life insurance with living benefits provides.

There are several reasons you might want this on your policy, because life insurance companies don't really restrict how to use the benefit.

Some companies may want to add an additional layer of benefits to the employee, and might use the life insurance policy as a makeshift deferred benefit plan, dedicating a certain percentage of the death benefit to the employee's beneficiaries, rather than just the company.

Add up all of those expenses and you should have a rough estimate of how much life insurance you need.Be sure to consider how long you want the death benefit cash to be used for and factor that into your calculations.

Your life insurance rates are a function of your Rate Class and are determined by several factors, including your age, overall health, and the size of the death benefit you want.

If you are searching for the best type of term life insurance to protect your family, you may want to consider the benefits of each type of term insurance.

If you want permanent life insurance that includes guaranteed cash value growth, along with guaranteed fixed premiums, and a guaranteed death benefit, then yes, whole life insurance is worth it.

You might not actually trigger the policy benefits for many years to come so you want to have the peace of mind that your life insurance will be there to financially protect your family members.

You want to provide a benefit for your kids if you live past 80, universal life insurance is all over -LSB-...]