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.
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).
However, these plans are considered to be more
flexible than whole life insurance.
These plans, however, are considered to be more
flexible than whole life insurance policies.
However, universal life is considered to be somewhat more
flexible than a whole life insurance plan.
It is more
flexible than whole life insurance, because you can vary your monthly payment to suit your needs and situation.
Variable life insurance is considered more
flexible than whole life insurance.
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.
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.
Variable life insurance is considered more
flexible than whole life insurance.
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 muc
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 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 muc
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 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.