Sentences with phrase «pure life insurance coverage for»

This is because term insurance provides pure life insurance coverage for a specified period of time.

Not exact matches

You would then have full life insurance coverage without having to pay any additional premiums, as long as the cash - value account balance remains sufficient to pay for the pure cost of insurance and any other expenses and charges.

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.

Term life insurance is often thought of as pure life insurance coverage because this type of policy provides life insurance coverage for a specific period of time.

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.

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.

Term life insurance contracts, also known as pure insurance policies, provide life insurance coverage to individuals for a specific period of time, or term, commonly issued with five -, 10 -, 15 -, 20 -, 25 - and 30 - year terms.

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

Most people that are looking for pure protection will just choose a term life insurance policy since it can provide lots of coverage for less money.

You would then have full life insurance coverage without having to pay any additional premiums, as long as the cash - value account balance remains sufficient to pay for the pure cost of insurance and any other expenses and charges.

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.

So, is whole life insurance a good investment or is pure term coverage the better policy option for you?

Term life, also known as pure protection since it has no cash value, savings or investment feature, is the cheapest kind of life insurance, offering temporary coverage for a specific period of time.

Aegon Life Term Insurance Plan is a pure traditional term insurance plan which provides high coverage for affordable premium rates thereby taking care of the protection needs of theInsurance Plan is a pure traditional term insurance plan which provides high coverage for affordable premium rates thereby taking care of the protection needs of theinsurance plan which provides high coverage for affordable premium rates thereby taking care of the protection needs of the insured.

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

However, in respect of health insurance floater policies, the pure term life insurance coverage is allowed on the life of one of the earning members of the family, who is also the proposer for health insurance policy, subject to insurable interest and other applicable underwriting norms of respective insurers.