Sentences with phrase «dollar than whole life»

Not exact matches

Popular when New York wasn't such a homogenized, safe place (thank Rudy) and the majority of people who lived below 14th Street were unemployed artists or musicians, the whole secondhand phenomenon took off mainly because no one could afford anything that cost more than a dollar or two.

Editorially, Kiplinger's magazine has championed over the decades a number of personal finance strategies and investment products that later became popular «conventional wisdom»: the superiority of systematic investing (dollar cost averaging) over market timing; growth stocks that paid little or no dividends but invested in new technologies; mutual funds, especially no - load funds; stock index funds; term life insurance, rather than whole - life; and global investing.

Because the policy is in force for a limited amount of time, such as 15 or 30 years for a mortgage, the premium costs are lower than for whole life insurance policies for the same dollar amount of coverage.

If you buy your policy between the ages of 20 and 39, each dollar you spend on term life insurance has a value 7 to 10 times greater than what you would get with a whole life policy.

There are several types of life insurance you can buy, typically whole life or term life, and the coverage amount can range from less than $ 5,000 to over $ 1 million dollars.

Whole life does a lot more than term but is offers less death benefit for the dollar.

While some policies are reduced on a dollar - for - dollar basis with each withdrawal, others (such as some traditional whole life policies) actually reduce the death benefit by an amount greater than what you withdraw.

When it comes to purchasing a guaranteed acceptance life insurance policy, one thing that you'll generally find is that typically, «dollar for dollar», guaranteed acceptance life insurance policies are going to cost more than traditional term or whole life insurance policies.

For a few dollar more a month you can lock in a policy that will likely exceed your life span and at much lower premiums than a whole life insurance policy.

Savings Account vs. Whole Life Insurance The dollars that you keep in your savings account «earn» less than 1 %.