Sentences with phrase «further than traditional life insurance»

This type of coverage goes further than traditional life insurance, however, providing an additional schedule of payments that are to be made under very specific circumstances.

Not exact matches

Responding to the changing needs of consumers, the life insurance industry has developed some alternatives that go much further in satisfying a variety of financial needs and objectives than some of the more traditional types of insurance and annuities.

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.

One of the down sides of obtaining life insurance with no medical exam is that the amount of coverage you can secure is far less than what you can get with a traditional underwritten term policy, such as a million dollar term life insurance policy at at affordable premium rate.

We will also demonstrate how a simple combination of a pure term and public provident fund (PPF) is far better than these traditional life insurance plans.

In addition, financial institution home loan insurance plan is far more expensive than traditional life insurance as you age.

Getting a guaranteed issue policy is far easier and faster than the traditional route of buying term life insurance.