Sentences with phrase «low premium outlay»
Because of this, term life insurance can provide policyholders with a very affordable and cost effective way to purchase a large amount of death benefit for a low premium outlay.
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This method permits a financially able person (say, a favored employee) to obtain substantial amounts of needed life insurance with a very low premium outlay on his or her part.
Because of this, term life insurance can provide policyholders with a very affordable and cost effective way to purchase a large amount of death benefit for a low premium outlay.
Term insurance allows a person to acquire the greatest death benefit for the lowest premium outlay when the policy is first issued.
A. Term insurance allows a person to acquire the greatest death benefit for the lowest premium outlay when the policy is first issued.
Not exact matches
In a way you can get all the benefits of a whole life policy with a lower outlay of premium.
Although the level premium payment method permits the policyowner to pay the lowest up - front outlay necessary to acquire lifetime coverage, the premiums are still greater than the mortality costs in the early years.