Sentences with phrase «comparable permanent life insurance policy»

With term life, there is death benefit protection only, with no cash value build up — and because of that, term life insurance can frequently cost less than a comparable permanent life insurance policy (all other factors being equal).

Term life insurance is simpler to understand and usually much less expensive than a comparable permanent life insurance policy, which is why term life insurance is often the better choice for the majority of consumers.

Also, if the coverage is convertible (the coverage can be «converted» to a comparable permanent life insurance policy, without the need to provide evidence of insurability), you can get the coverage you need today — with the ability to purchase permanent insurance coverage in the future.

Because there aren't a lot of «bells and whistles» on term life insurance coverage, the premium cost for these policies will typically be less than that of a comparable permanent life insurance policy — with all other factors being equal.

Therefore, a term life insurance policy will usually be much more affordable than a comparable permanent life insurance policy.

While the initial cost for term insurance is lower than that for a comparable permanent life insurance policy at a given age, the cost of coverage increases over time (while the premium for a permanent policy generally remains level).

With term life insurance, there is death benefit coverage only, without any type of cash value or savings build up — and because of that, term life insurance can often be much more affordable than a comparable permanent life insurance policy option (with all other factors being equal).

With no cash value, the premiums on term life insurance are oftentimes very affordable in comparison to a comparable permanent life insurance policy.

Because of this more «basic» type of coverage, term life insurance is usually much more affordable than a comparable permanent life insurance policy — with all other factors being equal.

Because of this, term life insurance can often be less costly regarding premium cost than a comparable permanent life insurance policy.

Because of this, term insurance is typically more affordable than a comparable permanent life insurance policy.

Because of that, this type of coverage can typically be quite affordable — especially as it relates to a comparable permanent life insurance policy.

Certainly, one of the key advantages of the term life insurance products that are offered through Primerica is the lower rates (as compared to a comparable permanent life insurance policy).

With term life, there is death benefit protection only, with no cash value build up — and because of that, term life insurance can frequently cost less than a comparable permanent life insurance policy (all other factors being equal).

In most cases, this refers to the difference in premium that you would have paid on a comparable permanent life insurance policy — and oftentimes this difference can be quite substantial.

Term life insurance is simpler to understand and usually much less expensive than a comparable permanent life insurance policy, which is why term life insurance is often the better choice for the majority of consumers.