Although this policy is not focused on generating cash value as other more
costly permanent plans, it does accumulate a portion of the premium in an interest saving account.
Not exact matches
Are generally more affordable than
permanent insurance as the cash value components of these
plans are
costly
If you're in your 30s, 40s or 50s, chances are you're still looking at term coverage, as
permanent plans are
costly...
«If a person
plans on being active until death and the business really depends on that person,
permanent insurance should probably be used, although it will be much more
costly,» McClanahan says.