Sentences with phrase «affordable than permanent policies»

Term policies tend to be more affordable than permanent policies, making it a good option for families trying to stick to a budget.

Term policies tend to be more affordable than permanent policies because they don't cover you for your entire life.

Term life policies are typically more affordable than permanent policies because term life coverage is temporary and does not accrue cash value.

These two factors make term life insurance considerably more affordable than permanent policies; while term life is the best option for most people, others may benefit from the versatility afforded by the cash value component of permanent policies.

A term policy is easier to understand and more affordable than permanent policies like whole, universal, or variable.

A term policy is easier to understand and more affordable than permanent policies like whole, universal, or variable.

Term life insurance policies are usually more affordable than permanent policies., Term life policies cover the insured for a fixed term (most commonly between five and 30 years).

Term policies tend to be more affordable than permanent policies, especially for young people in good health.

A term insurance policy is typically more affordable than a permanent policy such as whole life.

Because of this, a term life insurance policy can be much more affordable than a permanent policy — with all other factors being equal.

Not exact matches

Term life insurance is the most affordable life insurance type — an insurance rate you pay is often 2 - 3 times lower than premiums you'd pay for a permanent life insurance policy with a similar coverage (also called whole life insurance).

Since term life insurance protects your family for a set period of while they're still depending on your income and not for your entire life, term life insurance rates are much cheaper and offer more affordable financial protection than permanent policies like whole life.

It's also «much more affordable» than other standard permanent policies.

Therefore, a term life insurance policy will usually be much more affordable than a comparable permanent life insurance policy.

Because these plans are permanent coverage, they are going to be more expensive than term life insurance policy, but there are still several ways that you can get an affordable whole life insurance policy for your family.

Term life has more flexibility in coverage than permanent life policies because it offers temporary coverage for a predetermined period of time and is more affordable for families on a budget.

One of the pioneers in Universal Life, Banner offers their Life Step UL ®, a permanent life insurance policy which is vastly more affordable than many rival whole life products.

With term life insurance, there is death benefit coverage only, without any type of cash value or savings build up — and because of that, term life insurance can often be much more affordable than a comparable permanent life insurance policy option (with all other factors being equal).

Term life insurance is a popular product because people who may not have a lot of money to spend can protect their families» futures with term life insurance for a more affordable price than they can with a permanent life insurance policy.

Term life insurance is the cheapest insurance on the market but just speaking for a 20 - year term policy, it is more affordable than a permanent life or 30 year term.

Because of this more «basic» type of coverage, term life insurance is usually much more affordable than a comparable permanent life insurance policy — with all other factors being equal.

In comparison to any permanent life insurance product term life insurance is more than half as affordable as the cheapest permanent policy.

Because of this, term life insurance policies are usually more affordable than comparable permanent life insurance plans — especially for those who are younger and in relatively good health.

Because of this, term insurance is typically more affordable than a comparable permanent life insurance policy.

Because term does not offer any cash value, these policies are typically much more affordable than comparable permanent coverage — all other factors being equal.

Because of this, term life insurance can often be much more affordable than a comparable permanent insurance policy.

However, while level term policies do start out more expensive than annual renewable term policies, they're also much more affordable than the permanent insurance of a whole life policy.

Since it costs less than two individual permanent policies, it's an affordable option to leave a larger nest egg for your heirs or favorite cause.

Motorists Life's Value Term PLUS is an affordable option that has death protection at a lower price than permanent life insurance policies.

While GUL is very affordable in the grand scheme of permanent life insurance, it is still pricier than a term life policy would be.

Because of this, term life insurance premiums tend to be far more affordable than that of permanent life insurance policies or other forms of permanent life insurance.

However, keep in mind that permanent insurance policies cost significantly more than term life insurance — perhaps up to 10 times more so it may not be a good investment, or even affordable for some.

LifeQuote is here to show that it's possible to find a policy that fits your needs and budget.You should know that Term insurance, which provides temporary insurance over a specific time period, is more affordable than permanent insurance, which lasts a lifetime.

Term life insurance is the most affordable life insurance type — an insurance rate you pay is often 2 - 3 times lower than premiums you'd pay for a permanent life insurance policy with a similar coverage (also called whole life insurance).

This is the most affordable type of permanent life insurance, but it is also much more limited than any other life insurance policy.