Sentences with phrase «because term life»

This is because term life policies are not intended to stick with you for the rest of your life and insurance companies have to charge high enough premiums to cover the cost of settlements on their policies.

Many people are unaware even of the existence of term life insurance, which is a shame because term life insurance is usually much cheaper than the permanent life insurance equivalent.

This is because term life, as its name implies, provides coverage for just a set amount of time, or term.

This means you can not buy term life insurance for estate planning because term life insurance does not provide permanent coverage.

This is because term life insurance offers just a pure, death benefit protection option — without any cash value or savings build up.

It is not a waste of money if you outlive the policy, because term life insurance is used to provide much needed financial protection for your loved ones.

That's because term life insurance is practically dirt cheap for college - aged people.

Because term life insurance is temporary, and builds no cash value, it usually costs alot less than permanent life insurance.

In addition, because term life insurance includes only pure death benefit protection, this type of coverage does not include any type of cash value or investment component.

Because Term Life Advice agents are wholly independent, we can shop around for the company that will be best for your particular health concerns.

Because term life provides only a death benefit, without any other «bells or whistles,» the cost is typically low.

But because term life is so affordable, you probably won't need to give up the good stuff to pay for a policy.

Because term life insurance provides only death benefit protection, without any cash value or investment build up within the policy, these plans can typically be very affordable — especially if the applicant for coverage is young and in good health at the time that he or she is applying for such coverage.

In addition, because a term life insurance policy only offers death benefit protection — without any type of cash value or investment build up — the premiums that are charged can be very affordable.

Because term life policies are only active for a specified amount of years, some people benefit from these policies more than others.

Because term life coverage is temporary, term life policies are less expensive than permanent policies.

However, the policy becomes more expensive to renew each time a term ends, because term life insurance rates tend to grow as you age, and as your health declines.

Because a term life policy is only in force for a specific amount of time it is less expensive than some other life insurance types.

That is because term life insurance provides a death benefit — and only a death benefit.

Premiums for whole life insurance policies are more expensive for the same amount of coverage when compared to a term life policy because a term life policy might not ever pay a death benefit but a whole life insurance policy always pays a death benefit for qualified claims.

The main reason people choose term life insurance over permanent life insurance is because term life insurance is less expensive.

Choosing Between Term And Permanent Insurance Because term life is cheaper than permanent life insurance many people choose to start out buying a term policy.

For seniors, this may be critical because term life insurance for seniors premiums increase with age and may be prohibitively expensive for those over age 65.

However, because term life insurance doesn't have a cash value, that does mean you can't do some fun things that owners of permanent life insurance policies can do, like borrow against your life insurance policy.

This is because term life insurance for seniors is cheaper than comparable permanent policies, and the term policy will cover you and your family for the duration of time you need it.

This is because term life coverage consists of death benefit protection only, with no corresponding cash value or investment component.

We only provide term life insurance quotes for our clients online because term life insurance is much easier to price.

One reason for this is because term life insurance provides pure death benefit protection only, without any cash value build up.

One reason is because term life offers death benefit coverage only, and no additional cash value or savings component.

This is because term life provides pure and simple death benefit protection, without any other cash value or investment component attached to it.

This is because term life insurance has no cash value, and expires before the insured is hypothetically expected... Continue reading →

The first reason that this is a faulty argument is because term life insurance is usually convertible.

This is because term life only provides protection for a set number of years such as 10, 15, 20, or 30 years.

Because term life insurance has an expiration date on them, they tend to be much cheaper than the other coverage options.

This is sort of a hybrid between temporary and permanent insurance because your term life policy can easily be converted to a permanent policy of equal value whenever you choose.

This is becoming slightly more common, but still is rare because term life insurance has no cash value.

Because term life insurance doesn't accumulate a cash value, you don't have to worry about it affecting your eligibility for Medicaid.

This is because term life insurance has no cash value, and expires before the insured is hypothetically expected to pass away.

Because term life provides death benefit coverage only, it is typically not as costly as a comparable permanent policy that provides the same amount of coverage along with cash value builds up.

This is because term life offers just pure death benefit protection only, without any cash value builds up within the policy.

That's because term life is the true definition of life insurance — to replace lost income due to premature death.

This is because term life provides only death benefit protection, with no cash value build up or investment component.

Also, because term life insurance is considered to be «temporary» protection, this form of coverage can also be a good choice if you want to insure against specific needs, such as the balance of a 15 - or 30 - year mortgage.

Because term life insurance offers death benefit coverage only — without any cash value or savings build up — the premiums can be very affordable.

This is important because term life insurance rates are higher for males than females of the same age.

Because term life premiums eventually increase in the future, most people drop their policies long before their ultimate life expectancy.

According to the article, because term life insurance policy sales have fallen during the economic downturn, insurance companies are looking to speed up the evaluation process in order to hopefully boost sales.

Because term life does not provide any cash value or savings build up, it can help to keep the life insurance premium cost down — thus, allowing for coverage where, in some cases, it may not otherwise be affordable.

Because term life insurance is known as to be plain vanilla coverage, it is oftentimes probably the most affordable sort of coverage particularly for those applicants that are young as well as in relatively a healthy body.

Because term life insurance is basic and doesn't offer the investment component and they are only temporary, they are drastically cheaper than other forms of life insurance.