Not exact matches
You can
buy permanent life insurance (which combines elements of insurance and savings into one contract), you can
buy term insurance (which is
pure death benefit
protection) and use some other financial product to help you accumulate savings (e.g. mutual funds inside a 401 (k)-RRB-, or you can
buy permanent insurance and also
buy other financial products, like stocks, mutual funds, real estate or anything else you think would make you money.
Since,
pure term plans come at really low premiums,
buying the same for
protection purposes is the best strategy.
The Term Insurance plan is the
pure protection plan which signifies the fundamental reason to
buy a life insurance plan.
Term is generally considered «
pure» insurance, where the premium
buys protection in the event of death and nothing else.
The original purpose to
buy a life insurance plan was for «
pure protection», meant to replace the lost income of a main breadwinner of a family.
In order to ensure financial
protection for your family, it would be a wise move to
buy a
pure life insurance policy.
If «
protection» is your objective,
buy a
pure Term plan.
When it comes to
buying an Insurance policy for
protection purpose, then there is nothing better than a
pure Term Plan.
Potentially the first in a new generation of glass screen protectors, BodyGuardz
Pure 2 uses a new type of glass to make this some of the best screen
protection you can
buy.