Term insurance policies are generally less
costly than permanent policies but they have their limitations.
If they have very young children, they can purchase policies for as long as 20, 25 or even 30 years, and they will be much less
costly than a permanent policy.
Not exact matches
In the long run participating
permanent policies may be less
costly than term
policies if you consider the cash value and the dividend.
For that reason, the premiums for
permanent insurance are more
costly than term
policies.