Sentences with phrase «same face amount»

You will also notice that even due to the fact you are looking at an exact same face amount and term period the rates fluctuate from one carrier to another.

Premiums for the same face amount of coverage increase the older you become.

A 25 - year - old male nonsmoker might pay about $ 900 annually for a policy with a $ 100,000 death benefit, whereas a 40 - year - old male smoker might expect to pay $ 1,800 per year for the same face amount.

For example, a 20 year Term policy with the same face amount will be a duplicate from one company to another.

Below is the same face amount grid as posted earlier.

Level Or Decreasing Term Insurance: Within the level policy, you will have the same face amount for the complete period.

A permanent policy with the same face amount $ 200,000 could require monthly premium payments of $ 100 or more per month.

When the Primary Insured Rider is combined with base coverage, it can reduce premium costs for the amount of coverage as compared to the cost of a permanent life insurance plan of the same face amount.

Below is a look at buying a New York Life whole life insurance policy compared to buying term life insurance in the same face amount and investing the premium difference in a «side fund» such as a bank or mutual fund.

Universal Life does cost more for the same face amount as Term.

In fact, depending on the insured's age at issue, the cost of a 20 year policy can be double the cost of a 10 year policy assuming the same face amount of insurance.

While whole life insurance premiums may initially be higher in comparison to a term policy with the same face amount.

Term life insurance normally has a lower cost factor for the same face amount vs. Permanent life insurance.

Universal life insurance will normally cost more for the same face amount as Term.

Virtually all of the most competitive life insurance companies offer Term life insurance simply because this is the cheapest life insurance you can find and most people do not want to pay any more than they have to for the same face amount and term period.

Whole life insurance policy premiums may initially be higher in comparison to a term policy with the same face amount (with all other criteria being the same).

At the same time, the annual premium for a UL policy for the same face amount is $ 13,000 for 13 years, a total of $ 169,000.

The premium is greater than the premium for a termpolicy of the same face amount, because a portion of the premium isapplied to the actuarial determined cost of providing theprotection, and a portion is applied to the cash value.

An agent thinks they need to present the lowest price to win the business of a client and the only way they can lower the price and keep the same face amount is by putting all of the weight of the policy on assumptions about interest, mortality experience and company performance as opposed to putting the health of the policy all in the guaranteed column.