Sentences with phrase «for than traditional life insurance»

In many cases, this type of coverage can be easier to qualify for than traditional life insurance, too.

This is because burial insurance is generally easier to qualify for than traditional life insurance.

Not exact matches

This means that you can purchase a significant amount of accidental death insurance for a much lower premium than you would pay for a traditional life insurance policy.

If you want final expense insurance and are unable to qualify for traditional coverage, simplified issue whole life insurance will be less expensive than a guaranteed acceptance policy.

It's typically less expensive than traditional life insurance, since you're unlikely to actually die due to an accident (since mishaps account for only about 5 % of deaths).

If you want final expense insurance and are unable to qualify for traditional coverage, simplified issue whole life insurance will be less expensive than a guaranteed acceptance policy.

This means that you can purchase a significant amount of accidental death insurance for a much lower premium than you would pay for a traditional life insurance policy.

For this reason, monthly premium costs are often much lower than traditional term life or whole life insurance policies.

Even with some pre-conditions, you can apply for a «rated» traditional life insurance policy (typically more expensive than standard life insurance).

You'll likely pay a higher premium than you would for traditional term life insurance at the same coverage amount, but you'll get coverage more quickly because you won't have to go through so many hoops.

The HECV policy is designed for executives, such as key person insurance, with significantly higher early cash value than traditional whole life policies.

First thing you should know is if you currently have bladder cancer or are less than 1 years from being cancer free, you can't qualify for traditional life insurance.

It is important to note that because the applicants for guaranteed issue life insurance are typically those who have health issues, the premiums for these policies are much higher than those of traditional life insurance plans.

In many cases, burial insurance is easier to qualify for than traditional forms of life insurance protection.

The face value minimums for traditional life insurance are very often no less than $ 25,000 - $ 50,000.

One of the best benefits of these plans is that you can get approved for life insurance much faster than you can with a traditional policy.

Because the insurance company does not know the level of risk they are taking on for each individual they insure with this type of policy, premiums tend to be higher per dollar of coverage than those of traditional types of life insurance.

Dollar for dollar, guaranteed issue life insurance policies are generally going to be more expensive than other more traditional types of life insurance that would require you to take a medical exam or answer health - related questions.

Because the policy is written for a specified value, it is usually easier to get than traditional term policies, and you will not have to undergo a medical exam to qualify for most mortgage life insurance policies.

However there are no qualifications needed to be able to get an accidental life insurance policy and if you have exhausted options for getting a traditional policy, or want more coverage than available with a graded death benefit policy, look to get an accidental life insurance policy.

Why are more and more people opting for no medical exam term life insurance than traditional life insurance?

One of the advantages of these policies is you can get approved for life insurance much fast than you can with a traditional policy.

You'll likely pay a higher premium than you would for traditional term life insurance at the same coverage amount, but you'll get coverage more quickly because you won't have to go through so many hoops.

We'll get into some numbers in a bit, but let's say you're paying $ 70 more a month than a traditional term life insurance policy for the privilege of getting that money returned.

The premiums are relatively lesser than traditional life insurance plans, making them ideal picks for those who have just joined the workforce.

Traditional life insurance requires a paramedical exam; because the insurer has a better idea of your health, they're able to provide a much more accurate quote for your premiums, and this often comes at a cheaper price than final expense insurance.

Qualifying for final expense life insurance is typically easier than qualifying for more traditional forms of coverage.

If your family or business needs more coverage than that, you'll have to purchase additional no medical exam plans or apply for a traditional life insurance plan.

Another benefit of these plans is that you can be approved for life insurance much faster than you can with a traditional policy that requires a medical exam.

The other notable advantage to these policies is that you can get approved for coverage much faster than you can with a traditional life insurance plan that requires a medical exam.

If you need more than that (more than likely you do), you'll need to apply for a traditional life insurance plan.

For some traditional whole life insurance policies, the death benefit could be reduced by more than the amount you withdraw.

The index - linked feature6, 7,8 provides the potential for greater cash value accumulation than traditional universal life insurance and the guaranteed floor means less risk than variable universal life insurance.

Another downside is price — you'll be paying more than a traditional life insurance policy for these added benefits.

It's typically less expensive than traditional life insurance, since you're unlikely to actually die due to an accident (since mishaps account for only about 5 % of deaths).

If you need more life insurance than that, you'll have to purchase two plans or apply for a traditional plan.

Low Premiums: The premiums of final expense insurance for seniors is lower than traditional life insurance plans.

Rather than applying for a traditional life insurance policy that could take some time to acquire, an accidental death benefit policy would be far quicker to get — typically the same day.

Another benefit to these plans is that you can be approved for coverage much faster than you can with a traditional life insurance policy.

The downside for these policies is that they are more expensive than traditional life insurance policies and have lower available death benefits coverage.

Because these policies are much smaller than a traditional life insurance plan, they are not going to require a medical exam, which is an excellent benefit for anyone that's in poor health or has been declined for life insurance coverage in the past.

Payout rules for coverage are different than those for traditional life insurance, too.

Though guaranteed issue life insurance doesn't cover as much and is more expensive than traditional life insurance, it's still a great option for a lot of people.

The first is that you're going to pay more for one of these plans than you would with a traditional life insurance policy that requires a medical exam.

Not only does it provide universal life insurance coverage, but the policy's index - linked accounts provide more potential for cash value growth than traditional universal life insurance, with less risk than variable universal life insurance.

Term life insurance is much easier to qualify for, even for those with serious medical conditions, and tends to cost less than traditional coverage.

Another advantage of these policies is that you can be approved for life insurance protection much quicker than you can with a traditional policy.

With these plans, you can get life insurance coverage much quicker than you can with a traditional life insurance plan that requires you to go through the medical underwriting, because you don't have to wait to schedule the medical exam and wait for the company to review the results.

Another advantage to these policies is that you can be accepted for life insurance much faster than you can with a traditional plan that requires a medical exam.

The premiums for a guaranteed issue policy are more expensive than a traditional life insurance policy.