Life Insurance Policy in a sentence
Synonym: policy.
Meaning: a contract that provides financial compensation to beneficiaries upon the insured person's death
(1) Notify me of the deductible for my life insurance policy.
(2) The beneficiary of my life insurance policy is my spouse.
(3) The sum insured for my life insurance policy is $500,000.
(4) Investible in a life insurance policy for your loved ones.
(5) I need to check the cash value of my life insurance policy.
(6) The premium for my life insurance policy is tax-deductible.
(7) The sum insured for my life insurance policy is $1 million.
(8) The surrender value of my life insurance policy is $50,000.
(9) He had a life insurance policy that included death benefits.
(10) He received a lump sum payout from his life insurance policy.
Life Insurance Policy sentence
(11) I have a term life insurance policy that expires in 20 years.
(12) She consulted a broker to find the best life insurance policy.
(13) The family was able to inherit through a life insurance policy.
(14) The bankassurer helped us find the right life insurance policy.
(15) Insure your future by investing in a good life insurance policy.
(16) I have assigned my life insurance policy as collateral for a loan.
(17) The life insurance policy will pay out on the death of the insured.
(18) I have a whole life insurance policy that offers lifelong coverage.
(19) The annual premium for my life insurance policy is quite affordable.
(20) I'm considering whether to insure out of this life insurance policy.
Life Insurance Policy make sentence
(21) The policyholder submitted a claim under their life insurance policy.
(22) The premium payment for my life insurance policy increased this year.
(23) The actuary calculated the expected value of a life insurance policy.
(24) The monthly premium for my life insurance policy increased this year.
(25) I have named my spouse as the beneficiary of my life insurance policy.
(26) The couple was able to inherit through a life insurance policy payout.
(27) I received a reminder to pay the premium for my life insurance policy.
(28) The premium for my life insurance policy is based on my age and health.
(29) The monthly premium for my life insurance policy has increased this year.
(30) I have named my parents as the beneficiaries of my life insurance policy.
Sentence of life insurance policy
(31) The life insurance policy I have covers both natural and accidental death.
(32) I am planning to increase the coverage amount of my life insurance policy.
(33) My life insurance policy has a waiting period before it becomes effective.
(34) My employer offers a life insurance policy as part of our benefits package.
(35) The borrower had to hypothecate his life insurance policy to obtain a loan.
(36) I decided to surrender my life insurance policy and receive the cash value.
(37) The policyholder opted for double insurance on their life insurance policy.
(38) Our life insurance policy allows you to insure up to $1 million in coverage.
(39) The insurance agent earned a commission for selling a life insurance policy.
(40) I'm considering borrowing against the cash value of my life insurance policy.
Life Insurance Policy meaningful sentence
(41) The payroll deductions are used to fund the employee's life insurance policy.
(42) He was tempted to cash out on his life insurance policy to pay off his debts.
(43) The insurance agent explained the benefits of having a life insurance policy.
(44) I need to consider the monthly premium when choosing a life insurance policy.
(45) The insurance broker received a commission by selling a life insurance policy.
(46) It is important to review and renew your term life insurance policy regularly.
(47) The insurance agent earned a commission after selling a life insurance policy.
(48) The lender is requiring collateralizing the loan with a life insurance policy.
(49) He is grateful for the pension from his deceased wife's life insurance policy.
(50) My life insurance policy includes a cash value component that grows over time.
Life Insurance Policy sentence examples
(51) The death benefit is a key consideration when choosing a life insurance policy.
(52) My life insurance policy provides a tax-free death benefit to my beneficiaries.
(53) They advised him to insure into a life insurance policy for financial security.
(54) I am considering converting my term life insurance policy into a permanent one.
(55) The employee's dependents are covered under the company's life insurance policy.
(56) I am considering surrendering my life insurance policy to access the cash value.
(57) I have been paying premiums for my life insurance policy for the past ten years.
(58) I just purchased a life insurance policy to protect my family's financial future.
(59) The insurance premium for my life insurance policy is based on my age and health.
(60) She is grateful for the pension from her deceased spouse's life insurance policy.
Sentence with life insurance policy
(61) The life insurance policy provides full coverage for the insured's beneficiaries.
(62) My life insurance policy provides coverage for both natural and accidental death.
(63) I am considering purchasing a life insurance policy to secure my family's future.
(64) The death benefit from my life insurance policy will help cover funeral expenses.
(65) I am planning to update my life insurance policy to reflect the birth of my child.
(66) The premium for my life insurance policy is based on my age, health, and lifestyle.
(67) I'm considering surrendering my whole life insurance policy to access its cash value.
(68) They were advised to insure into a term life insurance policy for temporary coverage.
(69) She was grateful for the pension through her deceased mother's life insurance policy.
(70) The decedent's life insurance policy provided financial security for their loved ones.
Use life insurance policy in a sentence
(71) My life insurance policy offers additional benefits such as critical illness coverage.
(72) The borrower had to collateralize their life insurance policy to qualify for the loan.
(73) My life insurance policy provides a death benefit that can help cover funeral expenses.
(74) The decedent's children were named as the beneficiaries of their life insurance policy.
(75) She annuitised her life insurance policy to receive a regular income during retirement.
(76) She was relieved to have a pension through her deceased spouse's life insurance policy.
(77) I have had my life insurance policy for over 10 years and it has given me peace of mind.
(78) I am considering adding a term life insurance policy to supplement my existing coverage.
(79) Insurability is an important factor to consider when purchasing a life insurance policy.
(80) The premium for my life insurance policy is deducted automatically from my bank account.
Sentence using life insurance policy
(81) As part of their fringe benefits, employees receive a company-paid life insurance policy.
(82) The con artist attempted to beguile the vulnerable widow out of her life insurance policy.
(83) The terms and conditions of my life insurance policy are clearly outlined in the contract.
(84) I am considering surrendering my life insurance policy as I no longer require the coverage.
(85) The monthly premium for my life insurance policy is locked in for the duration of the term.
(86) The life insurance policy includes coverages for death benefits and cash value accumulation.
(87) The death benefit is an important feature to consider when choosing a life insurance policy.
(88) The cash value of a whole life insurance policy can be accessed through loans or withdrawals.
(89) It's crucial to insure your loved ones' financial security with a good life insurance policy.
(90) I am planning to increase the coverage amount on my life insurance policy as my family grows.
Life Insurance Policy example sentence
(91) It is advisable to consult with a financial advisor before purchasing a life insurance policy.
(92) The premiums due for my life insurance policy are deducted automatically from my bank account.
(93) The death benefit of my life insurance policy will be paid out to my children upon my passing.
(94) My life insurance policy provides coverage worldwide, ensuring protection even when traveling.
(95) I will need to insure onto a life insurance policy to provide financial security for my family.
(96) It's a good idea to add a rider to your life insurance policy for coverage of accidental death.
(97) It's a good idea to add a rider to your life insurance policy for coverage of critical illness.
(98) The maturity value of the term life insurance policy will be paid upon the death of the insured.
(99) It is important to have a life insurance policy in place to protect your loved ones financially.
(100) I have a joint life insurance policy with my partner to ensure financial security for both of us.
Sentence with word life insurance policy
(101) The court recognized the adopted child as the legal heir to the deceased's life insurance policy.
(102) I have chosen a guaranteed issue life insurance policy because it does not require a medical exam.
(103) I need to review my monthly premium for my life insurance policy to ensure it still meets my needs.
(104) My life insurance policy has a provision for accelerated death benefits in case of terminal illness.
(105) I have a group life insurance policy through my employer, which provides coverage for all employees.
(106) It is important to review your life insurance policy regularly to ensure it meets your current needs.
(107) I received a discount on the annual premium for my life insurance policy by paying it in full upfront.
(108) I have chosen a joint life insurance policy with my spouse to ensure financial security for both of us.
(109) I am considering adding a disability income rider to my life insurance policy for additional protection.
(110) It is crucial to protect with a life insurance policy to provide financial security for your loved ones.
Sentence of life insurance policy
(111) I need to update my beneficiary information for my life insurance policy before paying the annual premium.
(112) It is important to disclose any pre-existing medical conditions when applying for a life insurance policy.
(113) I have chosen a whole life insurance policy because it offers both protection and cash value accumulation.
(114) My life insurance policy offers a cash surrender value that I can access in case of financial emergencies.
(115) The life insurance policy guarantees a payout to the designated beneficiary upon the policyholder's death.
(116) If you plan on participating in extreme sports, you may want to add a rider to your life insurance policy.
(117) It is advisable to regularly update your life insurance policy to reflect any changes in your circumstances.
(118) I am planning to review my life insurance policy with a financial advisor to ensure it aligns with my goals.
(119) I have chosen a term life insurance policy because it offers affordable coverage for a specific period of time.
(120) I have designated a trust as the beneficiary of my life insurance policy to ensure proper distribution of funds.
Life Insurance Policy used in a sentence
(121) If the inheritrixes are named as beneficiaries in a life insurance policy, they will receive the designated amount.
(122) The alienability of a life insurance policy allows the policyholder to assign or sell their policy to another party.
(123) The co-insurance provision in my life insurance policy allows for cost sharing on certain critical illness treatments.
(124) I am planning to review my life insurance policy with my financial advisor to ensure it aligns with my long-term goals.
(125) I am considering getting a life insurance policy to provide for my children's education in case something happens to me.
(126) My life insurance policy includes a waiver of premium rider, which exempts me from paying premiums if I become disabled.
(127) The co-insurance clause in the life insurance policy requires the policyholder to share a portion of the death benefit with the beneficiary.
(128) The co-insurance provision in the life insurance policy requires the policyholder to share a portion of the premium payments with the insurer.
Life Insurance Policy meaning
Life insurance policy is a crucial financial tool that provides protection and peace of mind to individuals and their loved ones. Understanding how to use this term in a sentence effectively can help you communicate your thoughts and ideas clearly. Here are some tips on how to incorporate "life insurance policy" into your sentences:
1. Define the term: When introducing the phrase "life insurance policy" in a sentence, it is essential to provide a clear definition.
For example, "A life insurance policy is a contract between an individual and an insurance company that offers financial coverage in the event of the policyholder's death."
2. Highlight the purpose: Emphasize the purpose of a life insurance policy in your sentence. For instance, "Having a life insurance policy ensures that your loved ones are financially protected and can maintain their standard of living even after your demise."
3. Discuss the types: There are various types of life insurance policies available, such as term life insurance, whole life insurance, and universal life insurance. Incorporate these types into your sentence to showcase your knowledge.
For example, "Term life insurance policies provide coverage for a specific period, while whole life insurance policies offer lifelong protection."
4. Mention the benefits: Explain the advantages of having a life insurance policy in your sentence. For instance, "By investing in a life insurance policy, you can provide your family with a financial safety net, covering expenses such as mortgage payments, education costs, and daily living expenses."
5. Use it in a hypothetical scenario: Create a hypothetical situation to demonstrate the importance of a life insurance policy.
For example, "If John had a life insurance policy, his family would have been able to pay off their debts and maintain their lifestyle after his untimely demise."
6. Compare it to other insurance policies: Draw comparisons between life insurance policies and other types of insurance to provide context. For instance, "While health insurance covers medical expenses, a life insurance policy focuses on providing financial support to beneficiaries after the policyholder's death."
7. Discuss the process of obtaining a policy: Explain the steps involved in acquiring a life insurance policy.
For example, "To obtain a life insurance policy, individuals need to fill out an application, undergo a medical examination, and choose the coverage amount and duration that best suits their needs."
8. Address common misconceptions: Clarify any misconceptions or myths associated with life insurance policies in your sentence. For instance, "Contrary to popular belief, life insurance policies are not only for older individuals but can be beneficial for people of all ages, especially those with dependents."
9. Highlight the importance of reviewing and updating policies: Stress the significance of regularly reviewing and updating your life insurance policy.
For example, "It is crucial to review your life insurance policy periodically to ensure it aligns with your current financial situation, family needs, and long-term goals."
10. Provide a personal anecdote: Share a personal story or experience related to life insurance policies to make your sentence more relatable. For instance, "After witnessing the financial struggles of a close friend's family following his sudden passing, I realized the importance of having a comprehensive life insurance policy." Remember, using the term "life insurance policy" effectively in a sentence involves providing a clear definition, discussing its purpose, benefits, and types, and incorporating it into relatable scenarios. By following these tips, you can effectively communicate the significance of life insurance policies in various contexts.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Life Insurance Policy. They do not represent the opinions of TranslateEN.com.