Sentences with phrase «comparable permanent policy»

Because of that, the premiums on these policies can typically be less than a comparable permanent policy.

Because term life insurance offers death benefit only coverage, this type of life insurance can oftentimes be more affordable than a comparable permanent policy that provides death benefit protection and cash value (with all other factors being equal).

Because of this, term life insurance will oftentimes cost less in premium than a comparable permanent policy (all other factors being equal).

Because of this, even though term life insurance policies will often start out with a lower premium than a comparable permanent policy, at a higher age, the insured will typically have to pay much more.

With term life insurance, the insured is covered with pure death benefit coverage only — and because of this, the life insurance can often be less expensive than a comparable permanent policy, they are especially more affordable for those looking for a larger policy such as a million dollar life insurance policy.

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.

Be use ther's no cash value or savings build up in a term policy, the premium for this coverage is frequently less than that of a comparable permanent policy (with all other factors being equal).

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.