Sentences with «comparable permanent life insurance policy»
With term life, there is death benefit protection only, with no cash value build up — and because of that, term life insurance can frequently cost less than a comparable permanent life insurance policy (all other factors being equal). (lifeinsurancebyjeff.com)
Term life insurance is simpler to understand and usually much less expensive than a comparable permanent life insurance policy, which is why term life insurance is often the better choice for the majority of consumers. (policygenius.com)
Also, if the coverage is convertible (the coverage can be «converted» to a comparable permanent life insurance policy, without the need to provide evidence of insurability), you can get the coverage you need today — with the ability to purchase permanent insurance coverage in the future. (term-life-online.com)