limited-payment life policy

简明释义

限期缴费人寿保险单

英英释义

例句

1.Investing in a limited-payment life policy can be a smart financial decision as it combines life insurance with a savings component.

投资于有限缴费人寿保险可以是一个明智的财务决定，因为它将人寿保险与储蓄成分结合在一起。

2.Many people choose a limited-payment life policy because it allows them to pay premiums for a shorter period while still maintaining coverage for their entire life.

许多人选择有限缴费人寿保险，因为它允许他们在较短的时间内支付保费，同时仍然保持终身保障。

3.A limited-payment life policy is ideal for those who want to ensure their beneficiaries receive a death benefit without having to pay premiums indefinitely.

对于那些希望确保其受益人在不必无限期支付保费的情况下获得死亡赔偿的人来说，有限缴费人寿保险是理想的选择。

4.A limited-payment life policy typically requires premiums to be paid for 10, 20, or 30 years.

有限缴费人寿保险通常要求在10年、20年或30年内支付保费。

5.After reviewing her options, she decided on a limited-payment life policy to secure her family's financial future.

在审查了她的选择后，她决定选择有限缴费人寿保险来保障她家人的财务未来。

作文

In the world of insurance, understanding different types of policies is crucial for making informed decisions. One such policy is the limited-payment life policy, which provides a unique approach to life insurance. This type of policy allows the policyholder to pay premiums for a limited period while still enjoying coverage for their entire life. This feature makes it an attractive option for individuals who want to ensure financial security for their beneficiaries without the burden of lifelong premium payments.A limited-payment life policy typically requires the insured to pay premiums for a specified number of years, such as 10, 20, or even 30 years. Once these premiums are paid in full, the policy remains in force for the lifetime of the insured, and no further payments are required. This means that individuals can plan their finances more effectively, knowing that they will not have to make premium payments indefinitely.One of the key benefits of a limited-payment life policy is its ability to provide a death benefit to the beneficiaries. In the unfortunate event of the policyholder's death, the beneficiaries will receive a predetermined sum, which can help cover expenses such as funeral costs, debts, and living expenses. This financial cushion can be invaluable for families who may struggle to cope with the loss of a loved one.Additionally, the limited-payment life policy often accumulates cash value over time. This cash value grows at a guaranteed rate, providing the policyholder with a savings component that can be accessed during their lifetime. Policyholders can borrow against this cash value or even withdraw funds if necessary, offering them flexibility and additional financial resources when needed.Another advantage of a limited-payment life policy is that it can be a strategic part of estate planning. By securing a death benefit, individuals can ensure that their heirs are financially protected after their passing. This can be particularly important for those who own businesses or have significant assets, as it helps to maintain financial stability for their loved ones.However, it is essential to consider the potential drawbacks of a limited-payment life policy. The premiums for these policies tend to be higher than those of traditional whole life insurance due to the limited payment term. This means that individuals must assess their budgets carefully to ensure they can meet the premium obligations during the payment period. Additionally, if the policyholder passes away shortly after completing the premium payments, the total amount paid may not reflect the value of the death benefit, leading to dissatisfaction.In conclusion, a limited-payment life policy offers a unique blend of life insurance protection and financial planning benefits. It allows individuals to secure their loved ones' financial future without the long-term commitment of ongoing premium payments. However, as with any financial product, it is crucial for individuals to weigh the pros and cons and consult with a financial advisor to determine if this policy aligns with their personal financial goals and circumstances. By doing so, they can make informed decisions that will ultimately contribute to their peace of mind and financial security for years to come.

在保险的世界中，理解不同类型的保单对于做出明智的决策至关重要。其中一种保单是有限缴费人寿保险，它提供了一种独特的人寿保险方式。这种类型的保单允许投保人在有限的时间内支付保费，同时仍然享有终身的保障。这一特点使其成为希望确保受益人财务安全而不必承担终身保费负担的个人的一个吸引选项。有限缴费人寿保险通常要求被保险人在规定的年限内支付保费，例如10年、20年或甚至30年。一旦这些保费全部支付，保单将继续有效，且不再需要进一步的付款。这意味着个人可以更有效地规划他们的财务，因为他们知道不必无限期地支付保费。有限缴费人寿保险的一个主要好处是能够为受益人提供死亡赔偿金。在不幸的情况下，如果投保人去世，受益人将收到预定的金额，这可以帮助支付诸如葬礼费用、债务和生活费用等开支。这种财务缓冲对可能会在失去亲人后面临困难的家庭来说是无价的。此外，有限缴费人寿保险通常会随着时间的推移积累现金价值。这个现金价值以保证的利率增长，为投保人提供了一个储蓄成分，可以在其生存期间访问。投保人可以根据需要借贷此现金价值，甚至提取资金，从而为他们提供灵活性和额外的财务资源。有限缴费人寿保险的另一个优点是它可以作为遗产规划的战略组成部分。通过确保死亡赔偿金，个人可以确保他们的继承人在其去世后得到财务保护。这对拥有企业或拥有重大资产的人尤其重要，因为它有助于维护其亲人的财务稳定。然而，考虑有限缴费人寿保险的潜在缺点也是至关重要的。这些保单的保费往往比传统的终身人寿保险高，因为其缴费期限有限。这意味着个人必须仔细评估他们的预算，以确保他们能够在缴费期内满足保费义务。此外，如果投保人在完成保费支付后不久去世，总支付金额可能无法反映死亡赔偿金的价值，从而导致不满。总之，有限缴费人寿保险提供了一种独特的人寿保险保护和财务规划利益的结合。它允许个人在不长期承诺持续保费支付的情况下，确保他们所爱之人的财务未来。然而，与任何金融产品一样，个人必须权衡利弊，并咨询财务顾问，以确定该保单是否与其个人财务目标和情况相符。通过这样做，他们可以做出明智的决定，最终为他们的内心平静和多年来的财务安全作出贡献。