Sentences with phrase «unlike term life»

Unlike term life insurance, a permanent life insurance policy can offer you coverage that will last your entire life.

Permanent life insurance unlike term life insurance can be quite costly.

Universal life insurance, unlike term life insurance, is permanent life insurance.

But unlike Term Life Insurance, Whole Life coverage can continue through retirement — and can build cash value.

Hi Ravi, Unlike term life insurance plans, the premium for critical illness plans is not fixed.

Unlike term life insurance, permanent life policies last for the rest of your life, or until age 100 in some cases.

With a level death benefit policy, coverage will remain the same amount throughout the life of the policy — and, unlike a term life policy, coverage will never expire as long as the premiums are paid.

Like term life insurance, it pays off in the event of your death, but unlike a term life policy, it operates differently.

Whole Life Insurance: Unlike term life insurance, whole life is meant to be in force for the remainder the insured person's lifetime.

Unlike term life, coverage continues as long as the premiums are paid.

Unlike term life insurance, whole life insurance never expires, your rates won't ever rise, and whole life has the added benefit of acting as a minor investment account for the policy holder.

An umbrella term for life insurance plans that do not expire (unlike term life insurance) and combine a death benefit with a savings portion.

Unlike term life policies, permanent life insurance covers you your whole life and can act like a savings account that you can borrow money against.

Unlike term life, which has an end date, cash value policies are permanent life insurance, i.e. they last your entire life.

No - lapse guarantee universal life insurance is similar to term life insurance in that the premiums and coverage amount are fixed; however, unlike term life insurance, no - lapse universal life has a cash value and you can set the expiration date all the way up until the age of 121.

Unlike term life coverage, whole life covers a policyholder for her entire life.

A variety of permanent life insurance plan (which doesn't expire, unlike term life insurance), this sort of policy covers your family if you die during your working years, but also has the ability to build savings that can be drawn upon later in life.

Pros - Unlike term life insurance, permanent insurance is guaranteed to payout the death benefit..

But, unlike a term life policy, a GUL policy offers coverage up to much later in life and is highly likely to pay a death benefit.

Unlike term life insurance, whole life insurance is designed to provide a death benefit as well as living benefits.

Unlike the term life insurance, the whole life insurance provides the opportunity for profit by means of cash value, which usually starts to build up after the third year from which the policy took effect.

By growing your cash value and death benefit you will be maximizing your legacy because your policy will pay an ever increasing death benefit to your future heirs upon your passing, unlike term life that will most likely expire worthless.

Unlike term life insurance, which has a thorough underwriting process, or even simplified issue life insurance, which involves a medical questionnaire, guaranteed issue life insurance accepts all applicants.

Unlike term life insurance, mortgage life insurance typically pays the death benefit directly to your mortgage lender.

Unlike term life insurance, there is no time limit on a permanent life insurance policy, provided that the premiums continue being paid.

Unlike term life insurance, which can be purchased for covering a specific financial obligation such as mortgage payoff, permanent coverage is designed to last for the lifetime of the insured.

It provides insurance coverage for your entire life, unlike the term life insurance which covers only within the term (period) of the policy.

Unlike term life insurance, which just pays out a death benefit if you die during the period of time you have the policy, like 10 or 20 years, a whole life insurance policy will stay in effect as long as you continue to pay your premiums every month.

Unlike a term life insurance policy, this type of plan never runs out.

Unlike a term life insurance policy where the benefit is only received upon death or terminal illness, Flagship Whole Life offers tax - deferred, cash - value growth that you can borrow against or cash out.

And, unlike term life insurance policies, there is no set time period for whole life insurance policies.

This is unlike term life insurance where the insured chooses a specific term and must die within that term for their beneficiaries to be paid the death benefit.

Unlike term life insurance policies, these policies do not have an «expiration date», as long as you continue to make monthly payments, the policy is effective.

Unlike term life insurance, permanent life insurance policies accumulate cash value which can later be borrowed from or surrendered for cash value.

Unlike term life insurance policies, which expire after a certain amount of time, whole life insurance policies remain in effect for the policyholder's entire life, as long as the premiums are paid on time and in full.

Unlike term life insurance, permanent life policies do not have any type of set «term» of coverage, but rather they last indefinitely.

Unlike term life policies, permanent coverage has no particular time limit.

Unlike term life insurance, which expires after a certain number of years, permanent life insurance, such as whole life or universal life, provides lifelong protection and pays a death benefit regardless of when the insured dies.

These type of policies, unlike Term Life Insurance, will remain in force for as long as you continue to make your monthly premiums.

Unlike term life insurance, permanent life insurance will remain in force for the remainder of the insured's life, provided that the premium is paid.

Unlike term life insurance, there is no specific time period associated with the policy.

Whole life insurance, unlike term life insurance, is also designed to build cash value over time, as long as premiums are paid.

Unlike term life insurance, permanent life insurance keeps you covered for a lifetime, no matter how your health condition may change.

Unlike term life insurance, which is easily compared online, cash value insurance is often marketed by agents and brokers in a face - to - face setting, where needs and strategies can be discussed.

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

Unlike term life insurance, whole life doesn't expire or lose its value, so it provides protection for life.

Unlike term life insurance which offers death benefits only, there is another major advantage in owning a whole life insurance policy.

Unlike term life insurance, it doesn't expire after a set amount of time.

Unlike term life insurance, a permanent policy will not expire after a certain amount of time has elapsed.

Unlike term life, if you cancel your policy you are entitled to what you have paid into the policy.