extended-term insurance

简明释义

过期保险

英英释义

例句

1.The extended-term insurance 长期保险 policy offered by the company provides coverage for up to 30 years.

该公司的长期保险 extended-term insurance政策提供最长达30年的保障。

2.Investing in extended-term insurance 长期保险 can be a wise financial decision for young families.

投资于长期保险 extended-term insurance对于年轻家庭来说可能是明智的财务决策。

3.One of the main advantages of extended-term insurance 长期保险 is its affordability compared to permanent life insurance.

长期保险 extended-term insurance的主要优势之一是与永久人寿保险相比，它更具可负担性。

4.Before signing up, it's important to understand the benefits of extended-term insurance 长期保险 compared to whole life policies.

在注册之前，了解长期保险 extended-term insurance与终身保险相比的好处是很重要的。

5.Many people choose extended-term insurance 长期保险 to ensure their families are financially secure in the event of an untimely death.

许多人选择长期保险 extended-term insurance以确保他们的家庭在不幸去世的情况下经济上是安全的。

作文

In today's fast-paced world, financial security has become a top priority for many individuals and families. One of the essential aspects of achieving this security is through various types of insurance. Among these, extended-term insurance plays a crucial role in providing long-term financial protection. Understanding what extended-term insurance is and how it works can help individuals make informed decisions about their financial future.Extended-term insurance, or extended term life insurance, is a type of life insurance policy that allows the policyholder to convert their existing whole life or universal life insurance into a term insurance policy for an extended period. This conversion typically occurs without the need for a medical examination, making it an attractive option for those who may have developed health issues since obtaining their original policy. The primary advantage of extended-term insurance is that it provides coverage for a specified period, usually ranging from 10 to 30 years, at a lower premium compared to traditional whole life insurance.One of the significant benefits of extended-term insurance is its affordability. As individuals age, the cost of life insurance tends to rise due to increased health risks. By opting for extended-term insurance, policyholders can maintain a level of coverage without breaking the bank. This is particularly important for families with children or dependents who rely on their income. The peace of mind that comes with knowing that loved ones are financially protected in the event of an untimely death can be invaluable.Another aspect to consider is the flexibility that extended-term insurance offers. If a policyholder finds themselves in a situation where they can no longer afford their whole life policy, converting to extended-term insurance can be a strategic move. It allows them to keep some level of insurance coverage while managing their budget more effectively. Additionally, if the policyholder's financial situation improves, they can always re-evaluate their insurance needs and consider purchasing a new whole life policy later on.However, it is essential to understand the limitations of extended-term insurance. While it provides temporary coverage, it does not accumulate cash value like whole life insurance. This means that once the term expires, there is no payout unless the insured passes away during that period. For those looking for a long-term investment or savings component, extended-term insurance may not be the best fit. Therefore, individuals should carefully assess their financial goals and needs before deciding on this type of policy.In conclusion, extended-term insurance is a valuable option for those seeking affordable life insurance coverage for a specified period. It offers flexibility and peace of mind, especially for families who want to ensure their loved ones are protected financially. However, it is crucial to weigh the pros and cons and consider personal financial goals when choosing this type of insurance. By understanding extended-term insurance and its implications, individuals can take proactive steps towards securing their financial future and protecting their loved ones from unforeseen circumstances.

在当今快节奏的世界中，财务安全已成为许多个人和家庭的首要任务。实现这种安全的一个重要方面是通过各种类型的保险。在这些保险中，延展期保险在提供长期财务保护方面发挥着至关重要的作用。理解延展期保险是什么以及它如何运作，可以帮助个人做出明智的财务决策。延展期保险，或称为延展期人寿保险，是一种人寿保险政策，允许保单持有人将其现有的终身人寿保险或万能人寿保险转换为一份延长期限的保险政策。这种转换通常无需进行体检，使其成为那些自获得原始保单以来可能出现健康问题的人的一种吸引人的选择。延展期保险的主要优点是，它在特定期间内提供保障，通常范围从10年到30年，相比传统的终身人寿保险，其保费更低。延展期保险的一个显著好处是其经济性。随着年龄的增长，人寿保险的费用往往会因健康风险的增加而上升。通过选择延展期保险，保单持有人可以在不超出预算的情况下维持一定水平的保障。这对于有孩子或依赖其收入的家人来说尤其重要。知道在不幸去世的情况下，爱人能够得到财务保护所带来的安心感是无价的。另一个需要考虑的方面是延展期保险所提供的灵活性。如果保单持人发现自己在经济上无法再承担终身人寿保险，转换为延展期保险可能是一个战略性的举动。它使他们能够在更有效地管理预算的同时，保持一定的保险覆盖。此外，如果保单持有人的财务状况改善，他们可以随时重新评估自己的保险需求，考虑稍后购买新的终身人寿保险。然而，了解延展期保险的局限性也很重要。虽然它提供临时保障，但不会像终身人寿保险那样积累现金价值。这意味着一旦保险期满，除非被保险人在此期间去世，否则将没有赔付。对于那些希望获得长期投资或储蓄成分的人来说，延展期保险可能不是最佳选择。因此，个人在决定这种类型的保单之前，应仔细评估自己的财务目标和需求。总之，延展期保险是寻求在特定期间内获得经济实惠的人寿保险覆盖的人的一种宝贵选择。它提供了灵活性和安心感，尤其适合那些希望确保其亲人在财务上得到保护的家庭。然而，在选择这种类型的保险时，权衡利弊并考虑个人财务目标至关重要。通过理解延展期保险及其影响，个人可以采取积极措施来确保自己的财务未来，并保护他们的亲人免受意外情况的影响。