Sentences with phrase «flexible than a whole life insurance»

Variable life insurance is considered more flexible than whole life insurance.

There are various strategies you can use to withdraw the cash value from your variable life insurance policy before you die, though they are typically less flexible than whole life insurance policies.

However, this type of coverage is considered to be more flexible than whole life insurance, as the insured is allowed — within certain guidelines — to alter the timing and amount of the premium, based on their specific needs.

Variable life insurance is considered more flexible than whole life insurance.

It is more flexible than whole life insurance, because you can vary your monthly payment to suit your needs and situation.

However, universal life is considered to be somewhat more flexible than a whole life insurance plan.

These plans, however, are considered to be more flexible than whole life insurance policies.

However, these plans are considered to be more flexible than whole life insurance.

This coverage is considered to be more flexible than whole life insurance coverage, however, because the policyholder can decide how much of the premium goes into the cash value component of the policy and how much goes towards the death benefit (within certain parameters).

It is even more flexible than a whole life insurance policy in some ways in that the death benefit, premium and savings element can be changed at any time to fit the desires and financial situation of the policy owner.

Not exact matches

Whole life insurance is also commonly referred to as cash value life insurance and is arguably the most conservative and reliable type of life insurance, but perhaps less flexible than its counterpart.

For this reason whole life is generally is viewed as a less flexible form of permanent insurance than universal life.

The premiums for guaranteed universal life insurance policies will be less expensive than whole life insurance, coverage amounts are flexible, and a guaranteed universal life insurance policy can be structured to provide final expense coverage up to age 90, 95, 100, and even 121 years of age.

Essentially, whereas both types provide the option to accumulate savings, universal life insurance is more flexible than whole life.

Universal life insurance, or UL, insurance is more flexible than term or whole life.

A universal life insurance policy can be more flexible than some other types of permanent coverage like whole life insurance.

Universal Life Insurance — Universal life insurance allows policy holders both death benefit and cash value — however, these policies are much more flexible than whole life in that policy holders can choose when to pay their premiums, as well as how much to Life Insurance — Universal life insurance allows policy holders both death benefit and cash value — however, these policies are much more flexible than whole life in that policy holders can choose when to pay their premiums, as well as how mucInsurance — Universal life insurance allows policy holders both death benefit and cash value — however, these policies are much more flexible than whole life in that policy holders can choose when to pay their premiums, as well as how much to life insurance allows policy holders both death benefit and cash value — however, these policies are much more flexible than whole life in that policy holders can choose when to pay their premiums, as well as how mucinsurance allows policy holders both death benefit and cash value — however, these policies are much more flexible than whole life in that policy holders can choose when to pay their premiums, as well as how much to life in that policy holders can choose when to pay their premiums, as well as how much to pay.

Universal life insurance provides death benefit protection and cash value; however, it is more flexible than whole life.

For a permanent life insurance option that provides death benefit coverage, as well as cash value, but that is also more flexible than whole life, there is universal life insurance.

Universal life insurance is more flexible than whole life, as the policy holder can alter the premium (based on certain guidelines) regarding due date and the amount.

This type of life insurance is considered to be more flexible than whole life.

A universal life insurance policy allows a more flexible funding structure than a whole life insurance policy while still providing permanent coverage.

The whole life insurance policy is slightly different than the universal (flexible contract) or the variable (multiple accounts) policy.

Universal life is generally more flexible than its permanent life counterpart, whole life insurance, and can be customized to provide coverage to the age of your choice: 90, 95, 100, 105, 110, or even 121.

Term life insurance policies are flexible and cost less than whole (permanent) life insurance policies.