With term,
you get pure death benefit protection, whereas permanent life insurance coverage offers a death benefit component along with either a cash value or investment feature, too.
This is because, with term life,
you get pure death benefit protection only.
Not exact matches
But he would not have sat for long listening to the features of Whole Life, when he could have
got the cheap and dirty «
pure»
death benefit version without much hassle.
A con of variable universal life insurance is that the policy can
get pretty costly and is not an ideal product for someone who is looking for
pure death benefit protection.
Just make the purpose of term insurance clean and go for a
pure term life policy with only
death benefit, even if you don't
get your paid premiums better.
But he would not have sat for long listening to the features of Whole Life, when he could have
got the cheap and dirty «
pure»
death benefit version without much hassle.