Sentences with phrase «flexible than whole life insurance policies»

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

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.

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

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.

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

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

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).

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

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