Sentences with phrase «inexpensive than whole life»

For most people, term insurance, which is more inexpensive than whole life insurance, is actually the better choice.

Not exact matches

While a UL insurance policy is less expensive than whole life, it is still not the most inexpensive form of life insurance.

With this investment strategy analyzer, you won't have to believe everything you read; nor take anyone's word about things like: ETFs are the most efficient and inexpensive way to invest, there's no sales charges on mutual fund B - shares if you don't sell them, Roth IRAs are better than traditional IRA / 401 (k) s, or the tax benefits of 529 plans, whole life (VUL), or any kind of annuity will make up for the huge costs; lack of liquidity / choices / control, etc..

All of the information has made it clear that it makes more financial sense to buy an inexpensive term insurance rather than on a whole life insurance policy.

While a UL insurance policy is less expensive than whole life, it is still not the most inexpensive form of life insurance.

The premium is usually inexpensive compared to whole life, but higher than term life insurance.

As an example, if you have life insurance to pay off your mortgage so that your family can remain in your home should something happen to you, but your mortgage balance will be paid off in ten years, then it may make sense to cover that need with an inexpensive term policy rather than a more costly whole life insurance plan.