Sentences with phrase «when purchasing a term life insurance policy»

When you purchase a term life insurance policy, you can view it as a safeguard for your loved ones» future emergency fund.

When you purchase a term life insurance policy, it comes with an expiration date.

Below are some of the more important considerations when purchasing a term life insurance policy.

After all, when purchasing a term life insurance policy, you are in control of how long the policy will be in place.

When you purchase a term life insurance policy, it comes with an expiration date.

When purchasing a term life insurance policy, you are simply purchasing a death benefit that will be paid in the event of your parents» death.

When you purchased your term life insurance policy, you took the important step of providing protection for your loved ones for a specified period of time.

When you purchase your term life insurance policy the company may provide the option to purchase an additional rider.

So when purchasing a Term Life insurance policy, it is important that you not only determine the apropos benefit amount, you must carefully figure out the length of the term.

When you purchase a term life insurance policy, you have the policy for a certain amount of time (for example, 20 years), and during that time it doesn't accumulate any cash value.

When you purchase a term life insurance policy, it...

When you purchase a term life insurance policy, it is valid for a set amount of time.

So when purchasing a Term Life insurance policy, it is important that you not only determine the appropriate benefit amount, you must carefully figure out the length of the term.

When you purchased your term life insurance policy, you recognized the need to protect your loved ones after you're gone.

Not exact matches

When you purchase term life insurance, you agree to pay recurring premiums in return for the commitment by the insurance company to pay a death benefit if the insured happens to die during the term that the insurance policy is in effect.

When you purchase term life insurance, you agree to pay recurring premiums in return for the commitment by the insurance company to pay a death benefit if the insured happens to die during the term that the insurance policy is in effect.

When you purchase a Return of Premium (ROP) life insurance policy, if you die during the term, your beneficiaries receive the death benefit.

However, whole life insurance premiums are more expensive than term life insurance because of the additional cash component and would need to be considered when deciding on purchasing a whole life insurance policy.

If you tend to think long - term when it comes to managing your finances, you've probably seriously considered (or are considering) purchasing a whole life insurance policy.

When purchasing a final expense life insurance policy, it is important for an applicant to determine the type of coverage that they need — term versus permanent — as well as the amount of coverage that will be appropriate for their specific needs.

Most of the time term life insurance policies are purchased to cover the most financially - vulnerable years, such as when your children are small and you have quite a few years left on your mortgage loan.

Consumer Boomer presents Term Life Quotes posted at Consumer Boomer, saying, «When you purchase an insurance policy it is important to know exactly what you are buying.

When I started looking into life insurance, I had recently graduated from college and didn't have enough money to purchase a whole life policy, so I bought a term life policy.

When you're in the market to purchase term life insurance, there are some rules you must follow to ensure you don't needlessly overpay for your policy.

When you reach a certain age or have retired you may not need that Term Life Insurance Policy you purchased 20 years ago.

Don't be hesitant to purchase a 20 or 30 year term life insurance policy when you're young.

And with guaranteed level term life insurance, the younger and healthier you are when you purchase policy, the less you pay for the entire 20 or 30 years you carry the policy.

Additionally, some people purchase life insurance protection when an existing insurance term policy is ending or has already expired.

If you reach the cutoff age for a term policy, then there are permanent insurance choices you can purchase, like whole life policy, universal life insurance or even burial insurance which is worth it when you only need coverage for final expenses.

When purchasing a 20 year term life insurance policy it may be the highest rated company that offers you the best finalized price after going through your medical history.

When purchasing life insurance coverage — renewing or converting a term policy — look at more than just the premium.

Another good time to consider purchasing a 20 or 30 year term life insurance policy is when your children are young.

They know that, when a 10 - year level term life insurance policy ends (or lapses), you are likely to purchase a new policy.

For example, Savings Bank Life Insurance Co. of Massachusetts offers a «common billing discount»: When two members of the household each purchase term life policies of $ 300,000 or more, their annual fees are reduced from $ 60 to $ 30 eLife Insurance Co. of Massachusetts offers a «common billing discount»: When two members of the household each purchase term life policies of $ 300,000 or more, their annual fees are reduced from $ 60 to $ 30 elife policies of $ 300,000 or more, their annual fees are reduced from $ 60 to $ 30 each.

One of the most common times to purchase a 20 - or 30 - year term life insurance policy is when your family is growing and depends on your income the most.

You may have purchased a small life insurance policy through work when you were a single person, but now that you're married, you need to think in terms of the two of you.

Life insurance policies are most affordable when purchased between the ages 25 - 30, with term plans as little as $ 15 - $ 25 per month for a $ 500,000 policy.

Here are the points to ponder when planning to purchase term insurance policy - Adequacy of The Cover Amount Life insurance cover is the amount provided by the insurance company to the dependents of the policyholder in case of his demise in order to replace his earnings.

Types of Life Insurance When you get ready to purchase life insurance, among the options that you will have are the various types of policies, such as term, whole, and universal lLife Insurance When you get ready to purchase life insurance, among the options that you will have are the various types of policies, such as term, whole, and univerInsurance When you get ready to purchase life insurance, among the options that you will have are the various types of policies, such as term, whole, and universal llife insurance, among the options that you will have are the various types of policies, such as term, whole, and univerinsurance, among the options that you will have are the various types of policies, such as term, whole, and universal lifelife.

When purchasing a final expense life insurance policy, it is important for an applicant to determine the type of coverage that they need — term versus permanent — as well as the amount of coverage that will be appropriate for their specific needs.

There are other factors that you should consider when deciding to purchase a term life insurance policy as well.

Life insurance takes into consideration the age at the time of purchasing the policy, so the younger you are when you buy term life, the less expensive it willLife insurance takes into consideration the age at the time of purchasing the policy, so the younger you are when you buy term life, the less expensive it willlife, the less expensive it will be.

John and Mary purchased a 10 - year term life insurance policy when they got married, they paid their premiums and kept the same policy in force.

The additional benefits that a whole life insurance policy provides over a term life insurance policy are best taken advantage of when the policy is purchased earlier in life.

Many consumers purchase 20 year term life insurance with the belief that their children will be working adults when the policy expires.

Yet even couples with grown children, who have set aside college tuition monies and are close to paying off a mortgage, ought to discuss with their insurance agent or broker the benefits of purchasing a new term life insurance policy when their existing one elapses.

When the term is over, the coverage expires and a new policy must be purchased if further life insurance needs exist.

When you purchase term life insurance, just as with auto insurance, you hope that your policy is never redeemed, but the peace of mind you gain with a term life insurance policy can be even greater.

To be honest, when I was sitting in our Farmers agent's office to sign up for auto and home coverage, having switched from Allstate Insurance, I never expected to purchase a 10 year term life insurance policy for my wife anInsurance, I never expected to purchase a 10 year term life insurance policy for my wife aninsurance policy for my wife and myself.

A Child Term Rider is simply an extra form of life insurance coverage that you buy specifically for your child when you purchase a standard term life insurance polTerm Rider is simply an extra form of life insurance coverage that you buy specifically for your child when you purchase a standard term life insurance polterm life insurance policy.