Sentences with phrase «higher than term life policies»

Premiums on Whole life policies are much higher than Term life policies because the premiums stay fixed as the client ages.

If you choose whole life insurance at a young age, the premiums will be much higher than a term life policy.

Not exact matches

Some dental malocclusions have been found more commonly among pacifier users than nonusers, but the differences generally disappeared after pacifier cessation.284 In its policy statement on oral habits, the American Academy of Pediatric Dentistry states that nonnutritive sucking behaviors (ie, fingers or pacifiers) are considered normal for infants and young children and that, in general, sucking habits in children to the age of 3 years are unlikely to cause any long - term problems.285 There is an approximate 1.2 - to 2-fold increased risk of otitis media associated with pacifier use, particularly between 2 and 3 years of age.286, 287 The incidence of otitis media is generally lower in the first year of life, especially the first 6 months, when the risk of SIDS is the highest.288, — , 293 However, pacifier use, once established, may persist beyond 6 months, thus increasing the risk of otitis media.

(a) The premium for a whole life insurance policy is generally much higher than that of a term life insurance policy.

Since permanent life insurance policies have much higher rates than term policies, and most financial obligations go away over time, term life insurance is typically the better option for most people.

In addition, Gerber's rates for term life insurance are significantly higher than those available elsewhere for simplified issue policies.

Initially, the premiums paid on cash value insurance, such as whole life insurance rates, are higher than those associated with term insurance, given that term insurance payments are used just to pay for current insurance coverage and not to build up cash value in the policy.

For a cash value life insurance policy, premiums are higher at the beginning than they would be for the same amount of term insurance.

First, premiums are substantially higher than what a person would pay for a term life insurance policy for the same dollar amount, if it were to be issued.

Whole life insurance policies have higher premiums than standard term insurance policies.

Premiums for permanent life insurance policies are typically higher than for term.

But when I have a look at these kinds of things, the cost for the mortgage insurance was way higher than just the life insurance policy, a term life insurance policy.

Jeremy Hallett, founder of online insurance marketplace Quotacy, said in an interview that premiums are typically 10 times higher for whole life policies than they are for term life policies with the same death benefit because permanent insurance provides coverage for life with guaranteed level premiums.

Premium payments are also fixed for the term of the policy, but because a death benefit payout is expected more often than not, premium rates are often higher than with term life insurance.

Permanent life insurance policies have higher premiums than term policies, often by a factor of 10 or more.

While initial premiums are higher than with a typical term policy, it is possible for coverage to continue until death of the insured, and cash value may accrue in the policy on a tax - deferred basis that can be used to help meet financial needs during your life.

You will still pay higher premiums than when you had a term life policy.

Premiums are often much higher than a term life insurance policy with the same amount of coverage because you're paying for an insurance policy as well as putting money into the cash value portion of the policy.

The premiums for universal and whole life policies are often five times higher than those of a 20 - year term policy.

When an insured is required to re-qualify for term life insurance at their then - current age, the quote at that time will typically be much higher than it was on the original policy.

In the earlier years of a whole life policy, when you are younger, your premiums may be higher than with a term life policy for the same amount of coverage.

These policies carry higher premiums than other types of term life insurance.

The premiums for a return premium term life plan are usually higher than for a regular level term life insurance policy, since the insurer needs to make money by using your premiums as an interest free loan, rather than as a non-returnable premium.

A $ 2,000,000 life policy for 30 Year term will have higher rates than a $ 1 Million dollar term life policy.

Because the odds are high that you will in fact live past when the term expires, these policies are much less expensive than «permanent» life insurance policies that never expire.

In the early years of the policy, the premiums are higher than term life but the monies go toward a special account that is invested (at a typical rate of 2 - 4 percent) and builds up a cash value.

The premium is much higher than term or universal life, but you have a lot more benefits with this policy.

Term policies are usually what I refer to as «cookie cutter» clones of one another where just the premium will be higher or lower than one another depending on the life insurance company being used.

Their term life policies are priced higher than most other life insurance companies and whole life is not the best choice for most people.

In exchange for a higher premium than a standard term life insurance policy for the same amount and term, a return of Premium term life insurance policy will refund the premiums you've paid after the term has expired.

Commissions earned by a life insurance agent will be higher with a cash value whole life insurance policy than it will be with a term life insurance policy.

Their premiums are often lump - sum payments and significantly higher, especially early in, than that of a term life policy, but because once the investment has been made, it is made, they can be used as security for loans and leveraged in a variety of ways to free up liquid capital, and their cash value is tax deferred.

Sometimes you may find the rate charged for a 20 year term life policy may not be much higher than you'll pay for 15 year term life insurance.

The premiums for a return premium term life plan are usually much higher than for a regular level term life insurance policy, since the insurer needs to make money by using the premiums as an interest free loan, rather than as a non-returnable premium.

The premiums for universal and whole life policies are often five times higher than those of a 20 - year term policy.

This is even more important since the monthly payments for permanent life insurance policies are usually higher than similar term policies.

Permanent life insurance, which includes whole life and universal life insurance, costs significantly more than term life does, but, for many, the benefits of the higher costs make these policies worthwhile.

Although premiums for whole life are typically higher than term life insurance, the premium that you pay when the policy issues is the same level premium that you'll pay regardless of how old you are.

Premiums are often much higher than a term life insurance policy with the same amount of coverage because you're paying for an insurance policy as well as putting money into the cash value portion of the policy.

Because of these main benefits, premiums for this type of life insurance policy are typically higher than with term life.

Participants in a LIMRA survey, when asked how much a $ 250,000 term life insurance policy would cost for a healthy 30 - year - old, estimated higher than four times the real cost.

While it may be expensive, you'll get a higher death benefit and better terms than if you purchased a guaranteed issue life insurance policy.

At this age, you can buy a high - value term life insurance policy for less than a gym membership.

In addition, Gerber's rates for term life insurance are significantly higher than those available elsewhere for simplified issue policies.

While the premium for permanent life insurance may initially be higher than that of term life coverage, in most cases, the amount due will not increase over time — regardless of how long the insured keeps the policy.

The premiums, although higher than those of term life policies, are usually set and guaranteed for the life of the insured.

Depending on your age and health, the premiums on mortgage life insurance can be much higher than what you would pay for a term life insurance policy.

It is important to note that ordinary life premiums can be much higher than term life insurance premiums, but they are smaller than the premiums you'd eventually pay if you kept renewing term policies in your later years.

Although whole life premiums are initially higher than term premiums, whole life policies develop «cash values».

Premiums for the new policy will be higher than the term policy rates since you would pay based on your current age at the time of converting your policy and because whole life costs more than term life.