For a lower premium, you set a finite amount of years of coverage with your insurer. (netquote.com)
In other words, one year of coverage at the most expensive company can pay for almost three and a half years of insurance protection at the cheapest. (valuepenguin.com)
Plus, for the first several years of coverage the majority of your premiums are eaten up by the cost of insurance and fees, so cash value accumulation is slow. (valuepenguin.com)