Sentences with phrase «wants death benefit protection»

Guaranteed universal life works well for someone who wants death benefit protection more than cash value growth.

For those who want death benefit protection, along with additional benefits, universal life insurance should certainly be a consideration.

Not exact matches

It is a great option for someone young, who needs additional death benefit protection, but does not want to spend the extra amount on more permanent coverage.

Designed For Those Who Want More ®, these products bring together a combination of growth potential, death benefit features, and optional income protection features to help you address today's retirement challenges.

Basic term life conversion option is for someone who has no plans to convert their policy and just wants the inexpensive death benefit protection term offers.

If you need or want to stop paying premiums, you can use the cash value to continue your current insurance protection for a specified time or to provide a lesser amount of death benefit protection covering you for your lifetime.

If you need or want to stop paying premiums, you can use the cash value to continue your current insurance protection for a specified time or to provide a lesser amount of death benefit protection covering you for your lifetime.

It provides a lifetime protection for people who want guaranteed death benefit and monthly premiums along with some cash value growth.

So, if a policyholder had purchased a Colony Term universal life 10 policy, and then they decided five years after purchasing it that they wanted to have coverage for the remainder of their lifetime, then the coverage extension feature would have allowed the insured to extend the death benefit protection guarantee to either age 90, age 100, or 105 — and, this could occur without the need for the insured to provide evidence of insurability.

Best suited for individuals who want protection that lasts their entire life with more flexibility in death benefit and premium payment.

Likewise, because the premium on a whole life insurance policy — as well as the amount of the death benefit — will typically remain the same, you may also want to consider whole life insurance if you want to «lock in» life insurance protection for the long term.

If you can afford the whole life premium, and do want life time protection and same guaranteed premium and death benefit to go through your marriage and senior years then the whole life policy might be a wise idea.

It is a great option for someone young, who needs additional death benefit protection, but does not want to spend the extra amount on more permanent coverage.

It provides the protection the company needs against the death of a key person and leaves the door open for the company to be as creative as they want to be in making sure that the key person knows they are valued for more than just the death benefit.

Because of the associated tax - free death benefits, life insurance can be a financial bedrock to a portfolio, helping to secure the kind of financial protection most clients want in today's increasingly uncertain and volatile marketplace.