Sentences with phrase «business than a permanent policy»

A ten year term would protect the business owner's interest and be a cheaper way to protect the business than a permanent policy.

Not exact matches

In cases like these that have the potential to become more complicated later on down the road, many times the «business» will elect to take out a permanent cash value life insurance policy, such as indexed universal life, on the individuals in question rather than try to make predictions on which term length would be most appropriate.

It is important to keep in mind that when purchasing business protection insurance, most policies should be permanent in nature rather than term.