Not exact matches
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.
Unlike its cousin Whole Life,
Term Life is
pure insurance that carries no cash value.
However,
unlike 10 - 20 year
term life
insurance, yearly convertible
term only provides
pure insurance protection, it doesn't accumulate cash value.
Unlike simplified issue
term life
insurance which offers
pure death benefit only, a simplified universal life (UL) policy will provide the policyholder with both death benefit protection, as well as a cash value component.