Sentences with phrase «purchasing a term life insurance policy instead»

We recommend that you don't purchase credit life insurance and, if you're concerned about debts being passed on, purchase a term life insurance policy instead.

We recommend that you don't purchase credit life insurance and, if you're concerned about debts being passed on, purchase a term life insurance policy instead.

You could end up saving money by purchasing a term life insurance policy instead.

Buying life insurance at age 36 should be pretty affordable because most clients at this age will be looking to purchase a term life insurance policy instead of whole life insurance.

For the vast majority of people, yes, purchasing a term life insurance policy instead of a cash value policy is a smarter choice.

We recommend that you don't purchase credit life insurance and, if you're concerned about debts being passed on, purchase a term life insurance policy instead.

However, if you're like most people and believe your need for life insurance will diminish as you get older, consider purchasing a term life insurance policy instead.

Not exact matches

Instead of signing up for a multi-year commitment, annual renewable term life insurance allows you to purchase a policy that expires and renews again every year.

You can do the opposite as well which is one debatable theories in life insurance industry that says purchase term policy and invest the difference instead of buying whole life insurance.

One approach to reduce the overall price on your term life insurance is to purchase 2 policies instead of one.

Laddering Term life insurance policies is simply having more than one policy so your life insurance can work in stages instead of purchasing just one big policy you can have policies that work for a specific number of years and then drop off in time.

The only problem was the early Universal life policies cost more than people wanted to spend so they purchased the more affordable Term life insurance instead.

I have been advised that I should cancel my GUL policy through my employer and instead purchased a $ 150,000 permanent life insurance plan, including waiver of premium and a $ 100,000 term life policy.

For one, you can reduce the cost of your life insurance premiums by purchasing policies with different lengths instead of getting one expensive 30 - year term life policy or a whole life policy.

This means that instead of buying a whole life policy, people are better off purchasing term life insurance and investing the difference between the cost of term and whole life into the stock market.

Joint Term Life Insurance — Protection that allows both spouses to be insured under one policy instead of purchasing each spouse or partner separate coverage.

The savings is so pronounced that the amount of money saved by purchasing term life insurance instead of whole life insurance is almost equal to the policy's death benefit.

Instead of purchasing a lifetime coverage or whole life insurance, consider purchasing a term life insurance policy that provides a conversion option.

For this reason, you may wish to purchase a permanent life insurance policy instead of term life, and lock in the rate that is available to you at your current age.