Term life insurance is often thought of
as pure life insurance coverage because this type of policy provides life insurance coverage for a specific period of time.
Not exact matches
You would then have full
life insurance coverage without having to pay any additional premiums,
as long
as the cash - value account balance remains sufficient to pay for the
pure cost of
insurance and any other expenses and charges.
Often referred to
as «
pure life insurance coverage,» this type of
insurance offers
pure death benefit protection.
Term
life insurance contracts, also known
as pure insurance policies, provide
life insurance coverage to individuals for a specific period of time, or term, commonly issued with five -, 10 -, 15 -, 20 -, 25 - and 30 - year terms.
You would then have full
life insurance coverage without having to pay any additional premiums,
as long
as the cash - value account balance remains sufficient to pay for the
pure cost of
insurance and any other expenses and charges.
Term
life, also known
as pure protection since it has no cash value, savings or investment feature, is the cheapest kind of
life insurance, offering temporary
coverage for a specific period of time.