Pay as long as you need coverage

The amount of money to be paid in the event of the policy holder’s death.

Premiums paid every year

Price of the policy.

Can use interest saved up for premiums

The name of the person to whom the death benefits are to be paid.

Form of Guaranteed Life Insurance that provides death benefit protection

A comparison form required by New York Department of Financial Services Regulations to be given to every applicant considering replacing one life insurance policy with another.

The basis for an additional charge to the standard premium because the person insured is classified as a greater than normal risk usually resulting from impaired health or a hazardous occupation.