Sentences with phrase «buy higher levels of coverage»

The premiums of term life insurance are lower than other available life insurance options thus allowing you to buy higher levels of coverage that might be useful when the need is greatest.

If you buy a higher levels of coverage, it will cost you more but may be well worth it.

The latter is $ 250,000 of coverage for all future claims in total, unless the lawyer arranges to buy a higher level of coverage.

Term insurance is often a good choice for people in their family - formation years, especially if they're on a tight budget, because it allows them to buy high levels of coverage when the need for protection is often greatest.

Note that you can buy a higher level of coverage for a higher premium.

Not exact matches

Term insurance plans are favoured by people even though there is usually no maturity benefit because it enables people to buy high amount of coverage levels at very low premiums.

Failing to buy a long enough policy could mean that you might ultimately end up paying higher premiums to keep the same level of coverage, or, worse may find that you are unable to even get the type of life insurance coverage you really need.

Increasing coverage policies are useful for younger people who will need more income protection as they make more money, families who will be having and caring for additional children in the future, or a business buy - sell agreement between partners where the business value will appreciate and higher levels of life insurance will be needed to compensate the deceased family for their share in the business.

For this reason, most insurance experts recommend buying high levels of liability coverage with your RV insurance policy.