Sentences with phrase «costly than term plans»
Only thing is their term plan is little more costly than term plans of other companies and also they do nt have a online term plan.
http://bachatkhata.com/
Kindly note that LIC premiums on term plans are costlier than the term plans offered by other Life insurance companies.
Not exact matches
When infrastructure plans are based on a set climate scenario, rather than a flexible one, it can be very costly in both human and economic terms, especially in the developing world, the paper argues.
But do keep it in mind that their premiums are costlier than the premium of term plans offered by other LI companies.
As an example, if you have life insurance to pay off your mortgage so that your family can remain in your home should something happen to you, but your mortgage balance will be paid off in ten years, then it may make sense to cover that need with an inexpensive term policy rather than a more costly whole life insurance plan.
These plans are costlier than the pure term life insurance plans as it offers both death and maturity benefits (whichever occurs earlier is paid as the claim under the TROP).
Given the high probability of death by such an advanced age, whole life insurance policies are significantly costlier than a term insurance plan.