Sentences with phrase «whole life insurance policy if»

Discussed the fact that it's either going to be very difficult for one to qualify for a tradition term or whole life insurance policy if not impossible, let's just take a minute or two to discuss some options that may be available for these folks that the can qualify for.

Most people only buy a whole life insurance policy if convinced to do so by an insurance agent.

Then you could still qualify for a term or whole life insurance policy if you have no symptoms, and haven't for some time.

Many prefer a whole life insurance policy if they can afford the monthly premiums.

With this feature, you are able to change your New York life insurance coverage to a whole life insurance policy if needed.

The convertible rider allows you to change your policy into a whole life insurance policy if you see it necessary.

You may also want to lean more towards a whole life insurance policy if you are seeking a way to build up savings in a tax - advantaged way.

While all situations are different, overall you may be a good candidate for a whole life insurance policy if you are looking for lifelong coverage at a set premium price.

Not exact matches

Similarly, if you have a participating whole life insurance policy from a mutual insurer, you can also use any dividends you receive to purchase paid - up additions.

Consult your investment professional to find out if this whole life insurance policy, which features a death benefit, is the right product for your financial situation.

If you want final expense insurance and are unable to qualify for traditional coverage, simplified issue whole life insurance will be less expensive than a guaranteed acceptance policy.

If you have a whole life insurance policy, talk to your insurance agent about how you can borrow money against it to invest in real estate.

Always talk to a financial advisor if you'd like to explore using policy loans on a whole life insurance plan, and check up on your policy loans regularly to make sure that your financial strategy is still on track.

If you're unable to qualify for a fully underwritten or simplified issue life insurance policy but still need coverage, guaranteed acceptance whole life insurance is always an option.

Yes, but you neglect to consider that the money you save by opting to go with term insurance can be invested, and you'll probably be out way ahead with that money for your beneficiaries and heirs rather than if they wait for you to die and collect their benefits through a whole life policy.

Therefore, if you're shopping for life insurance and being pitched whole life (or currently have a whole life policy), compare the cost to a 20 or 30 year term policy, and discuss your decision with a financial planner, rather than just your insurance agent.

At the same time, if you are looking for a permanent life insurance policy that is low - maintenance, a whole life insurance policy is the way to go.

If you are considering purchasing a life insurance policy, you might be thinking of purchasing a whole life insurance policy.

If you're guessing a properly designed dividend paying mutual whole life insurance policy, you would be correct.

If you are looking for a life insurance policy as an investment vehicle, you may want to consider a permanent life insurance policy, such as whole life insurance or universal life insurance.

Gerber Life's Grow - Up Plan is a whole life insurance policy that you can purchase on your kids, or your grandchild, if they're between the ages of 14 days and 14 years Life's Grow - Up Plan is a whole life insurance policy that you can purchase on your kids, or your grandchild, if they're between the ages of 14 days and 14 years life insurance policy that you can purchase on your kids, or your grandchild, if they're between the ages of 14 days and 14 years old.

If you want final expense insurance and are unable to qualify for traditional coverage, simplified issue whole life insurance will be less expensive than a guaranteed acceptance policy.

Similarly, if you have a participating whole life insurance policy from a mutual insurer, you can also use any dividends you receive to purchase paid - up additions.

You should, however, consider if you might be better served by purchasing a term life insurance policy; this option may be less costly, since whole life insurance is comparatively expensive.

If the Ranjans feel strapped for cash, insurance expert Jack Bendaham says they should consider cancelling their whole life policies and replace them with term insurance.

However, if you're a senior and have had a medical condition for over 2 years that's well managed, such as diabetes, their whole life insurance policy is a strong option.

Even if some policies have a cash - value component, you run into the same problem as other cash - value policies like whole life insurance, where you may end up with a sub-optimal investment option.

Like term life insurance, whole life insurance policies pay a death benefit if you die while your policy is in force.

If you've ruled out any chance of variable life insurance, there are only two policies left to consider: universal and whole life insurance.

If you're looking for a set premium because you have a budget or don't trust yourself to invest wisely, whole life may be the best permanent life insurance policy for you.

Additionally, if your policy is a participating whole life insurance policy, the insurance company will pay you dividends.

If you're conducting a whole life insurance comparison, you probably are most interested in the guarantees the policy offers.

If you can afford to pay a little more for your coverage, you can lock in a rate on a permanent life insurance policy, such as whole life or universal life.

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.

If you are considering permanent life insurance — such as whole life, universal life, or variable life insurance — you probably know that these types of policies provide both death benefits and cash value accumulation.

If you are over 50 and looking for life insurance, it may be best to research whether a term or whole policy is more economical and more practical for you as a senior.

If you become seriously ill, Northwestern Mutual's whole life insurance policies give you the option of receiving your death benefit while still alive.

In addition, even if the best company for you is a mutual company, you still have to consider if the company practices direct vs non-direct recognition, if they are participating whole life insurance and if they allow the policy to be maximized for cash value growth or death benefit.

This is an important distinction from a «financial adviser» at a large insurance company like Northwestern Mutual, who stands to make thousands if they can push you into an expensive whole life policy.

If you're considering whole life insurance policies from two insurers with the same features and premiums, that one insurer offers dividends is certainly an advantage to note.

If you have a permanent life insurance policy, such as a whole life or universal life insurance policy, you may wonder at some point about cashing in your policy.

If you're unable to qualify for a fully underwritten or simplified issue life insurance policy but still need coverage, guaranteed acceptance whole life insurance is always an option.

If you don't want whole life coverage, you can buy their term insurance policy.

If you want to give your kid coverage as well as money they can use in the future, a child whole life insurance policy will accomplish both.

Then you should also evaluate the guaranteed returns of the whole life insurance policy against an estimate of your returns if you invested the difference in cost between the two policies.

If you choose relatively conservative investments, you're likely to have gains that are more similar to a whole life insurance policy's cash value, but whole life insurance policies will have lower fees.

You will also need to decide if you need a term life insurance policy or a permanent policy, like whole life.

You might want a small term life insurance policy that could cover your final expenses, or you might be looking for a term life or whole life policy that could provide for your spouse's needs if he or she lives on after your passing.

If price is the number one objection, in close second is that a whole life insurance salesman makes bank on these life insurance policy types.

Always talk to a financial advisor if you'd like to explore using policy loans on a whole life insurance plan, and check up on your policy loans regularly to make sure that your financial strategy is still on track.