Sentences with phrase «pure death coverage»

You may choose pure death coverage by buying a term policy and investing funds on the side in a separate savings account rather than pay the fees associated with whole life insurance.

Not exact matches

Smith says most of his Millennial insurance clients are high - income earners who enjoy benefits of life insurance coverage beyond the pure death benefit protection.

Your premium payment is buying «pure» death benefit coverage.

With this type of coverage, you can purchase pure death benefit protection, without any other «bells and whistles» such as cash value or investment options.

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.

With term, you get pure death benefit protection, whereas permanent life insurance coverage offers a death benefit component along with either a cash value or investment feature, too.

Often referred to as «pure life insurance coverage,» this type of insurance offers pure death benefit protection.

Term life insurance coverage offers pure death benefit protection.

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 coverage, the policy offers pure death benefit protection only, with no cash value or savings build - up in the policy.

One of the main reasons for this is because term insurance offers only pure death benefit coverage, without any type of cash value or savings component.

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, the policy consists of pure death benefit coverage in return for the payment of a premium.

With term life insurance coverage, the insured is covered with pure death benefit protection only.

This means that you are obtaining pure death benefit coverage without any cash value or savings component.

With term life insurance, coverage is provided for pure death benefit protection only.

Here, death benefit only protection is offered for those who are seeking pure life insurance coverage.

All forms of life insurance include a mortality charge that pays for pure life insurance coverage — the death benefit provided by your policy.

A Term plan is a pure protection life insurance plan: In case of death of the Life Assured during the policy duration, the guaranteed insurance coverage amount (Sum Assured) is paid to the nominee.

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.

In addition, because term life insurance includes only pure death benefit protection, this type of coverage does not include any type of cash value or investment component.

For example, will you go with term life and obtain pure death benefit protection, or will permanent coverage be better so that you can have death benefit coverage along with a cash value build up?