Sentences with phrase «unlike permanent insurance»

Unlike permanent insurance, you will not typically build equity in the form of cash savings.

Term is not life - long coverage, unlike permanent insurance.

Unlike permanent insurance, you have the option to choose between several different terms that vary in length so that you can build a policy that suits your own individual needs.

Unlike permanent insurance, you will not build equity in the form of cash value.

Not exact matches

Unlike term life insurance, whole life insurance, sometimes called permanent life insurance, is long lasting.

Unlike term, permanent insurance generally includes an investment component along with the insurance policy, and carries higher premiums as a result.

Unlike permanent life insurance policies — like whole or universal life — term policies do not accrue cash value.

Unlike permanent life insurance policies which remain in effect for your entire life (assuming your premiums are paid on time), term life policies remain in effect for a specific term or period of time.

Term life, unlike permanent life insurance, doesn't last your whole life — rather, it covers you for a set period of time and then expires.

Universal life insurance is a type of permanent life insurance which unlike whole life that has fixed premiums, provides a little more wiggle room.

Unlike Term Life insurance, Permanent Life insurance, as the name implies, remains in effect as long as you make your agreed upon monthly premiums.

Unlike permanent life insurance, term life insurance lasts for a specific «term» of time, typically for ten, twenty, or thirty years.

However it is important to know that, unlike permanent life insurance, term life insurance has no additional cash value.

Unlike term, a permanent life insurance policy will stay in force, unless it is canceled by the policyholder or the premium stops being paid for the coverage.

Unlike term life insurance which is designed to last a specific period of time, final expense life insurance is a type of permanent life insurance — it's active until you die.

Permanent life insurance policies, unlike term life insurance policies, do not have an expiration date.

Unlike a term life insurance policy, a permanent life insurance policy lets you rest assured that your beneficiaries will receive funds — regardless of when you die — as long as your premiums are kept up.

The other feature of permanent life insurance that many people like is that unlike term life, it pays a death benefit no matter what.

Unlike term insurance, a permanent insurance policy will remain in force for as long as you continue to pay your premiums.

Permanent Life Insurance — Unlike Term Life insurance, there is no fixed time limit to Permanent Life iInsurance — Unlike Term Life insurance, there is no fixed time limit to Permanent Life iinsurance, there is no fixed time limit to Permanent Life insuranceinsurance.

Unlike term insurance, a permanent life insurance policy is good for the entire life of the policyholder.

Unlike term insurance, permanent insurance comes into play for your entire life span.

Unlike permanent life insurance, though, term is only good for a set period of years, most commonly a 10, 20, or 30 year policy.

Unlike term insurance, a permanent insurance policy will remain in force for as long as you continue to pay sufficient premiums.

Unlike the term life insurance that can run out, the permanent life insurance gives greater advantages to the holder as it does not expire.

Unlike term life insurance policies, which do not build a cash value and always have a level death benefit, permanent life insurance policies allow the owner to select a level or increasing death benefit (sometimes called option 1 or option 2).

Unlike term insurance, permanent life insurance has a few products, some with an option to accumulate cash value and some new products that offer pure protection at more affordable rates.

This is permanent life insurance you can keep for your entire lifetime, provided premiums are paid when due, unlike term insurance coverage that may end at a certain age.

Unlike term life insurance, permanent coverage is typically intended to remain with the insured throughout the remainder of his or her life, as long as the premium is paid.

Term life insurance has no investment component or cash value, unlike permanent life insurance, which covers you for your entire life.

The other feature of permanent life insurance that many people like is that unlike term life, it pays a death benefit no matter what.

Unlike whole life insurance, which is considered a type of permanent life insurance, level term policies will eventually come to an end at a specific amount of time based on the policy you purchase.

However, it's important to know that, unlike permanent life insurance, term life insurance has no additional cash value.

Unlike term insurance, with permanent types of life insurance, you receive a «death benefit» no matter when you die.

But unlike term life insurance, you have the unique options to exchange the policy for traditional permanent coverage without another medical exam, or adjust the death benefit if your needs change.

The reason it is so reasonagle is because unlike permanent life insurance, term life insurance is only good for a set period of years, most commonly a 10, 20, or 30 year term.

Unlike permanent life insurance policies, term life ends after a specified number of years and does not feature any sort of savings or investment component.

Unlike permanent * life insurance, term life is considered temporary coverage.

Term life, unlike permanent life insurance, doesn't last your whole life — rather, it covers you for a set period of time and then expires.

However, unlike term life insurance, whole life insurance is considered a type of permanent life insurance.

One reason for this is because, unlike permanent life insurance policies, term life offers only death benefit protection, without any cash value build up.

However, the policy does not provide any returns beyond the death benefit (the amount of insurance purchased); the policy has no additional cash value, unlike permanent life insurance policies, which have a savings component, increasing the value of the policy and its eventual payout.

Unlike permanent life insurance, term life insurance lasts for a specific «term» of time, typically for ten, twenty, or thirty years.

Additionally, term life insurance only offers coverage for a set amount of time, unlike whole life insurance which is permanent and never expires..

Unlike term life insurance, permanent plans are intended to remain in force for the remainder of the insured's lifetime — provided that the premium has been paid.

Unlike other types of permanent life insurance you can see a lot of details with a universal life policy.

Unlike permanent life insurance policies, the option to access the cash value of a policy does not exist with term life insurance coverage.

Unlike, term life insurance, permanent life insurance is a plan that will last your entire life, as long as you keep up with your premium payments.

This rider can be incorporated into Term life insurance policies which have a term period you can outlive unlike permanent plan designs such as Universal or Whole life insurance.

Unlike permanent life insurance, term policies provide coverage for a limited period of time.