Not exact matches
Because term life insurance is a
pure death benefit, its primary use is to
provide coverage of financial responsibilities for the insured or his or her beneficiaries.
Because term life insurance
provides just
pure death benefit protection, the premiums for this type of
coverage can be quite low — particularly if the insured is young and in good health at the time of application.
Term life insurance
coverage provides pure,
death benefit protection only.
The debate is quite simple, if you are looking for a permanent life insurance
coverage that is most affordable and
provides a
pure death benefit then a GUL policy is your ideal choice.
With term life insurance,
pure death benefit only
coverage is
provided, without any cash value or investment build up included in the policy.
With term life insurance,
coverage is
provided for
pure death benefit protection only.
All forms of life insurance include a mortality charge that pays for
pure life insurance
coverage — the
death benefit provided by your policy.
With a term policy,
pure death benefit coverage is
provided, without any cash value component.
Term
coverage simply
provides death benefits; it's just
pure insurance, plain and simple.