Sentences with phrase «much smaller amount of coverage»

Burial insurance policies are essentially the same as a life insurance policy, but they provide a much smaller amount of coverage, which is going to translate into much smaller premiums.

A burial insurance plan is the same thing as a life insurance policy, expect it provides a much smaller amount of coverage.

Not exact matches

However, the amounts of coverage available are much smaller and provide around $ 5,000 — $ 25,000 in coverage.

Because these policies are much smaller, the premiums are going to be much lower than a traditional life insurance policy that gives a significant amount of coverage.

A student may find that a coverage plan with high limits is too much if he only has a small amount of stuff to insure.

I only looked at whole life insurance policies and did not evaluate «guaranteed issue whole life insurance policies» (sometimes called simplified issue, final expense, or burial insurance) because they typically are limited to small dollar amounts of $ 5,000 — $ 25,000, they don't offer very much coverage for the premium, and there's a waiting period of two to three years.

The amount of coverage that you get is actually one of the smallest factors in how much your low cost apartment insurance actually costs you.