In this case, a permanent insurance policy would make more
sense than a term insurance policy.
In this case, a permanent insurance policy would make more
sense than a term insurance policy.
Not exact matches
People often wonder if it makes
sense to get cash value life
insurance because it costs more
than term life.
Term life
insurance policies also just make a lot more
sense than whole life
insurance policies.
For instance, if paying for college is a major financial concern but you're pretty sure that you won't need life
insurance coverage after the kids graduate,
than it might make
sense to buy a
term policy that'll get you through the college years.
All of the information has made it clear that it makes more financial
sense to buy an inexpensive
term insurance rather
than on a whole life
insurance policy.
If you can qualify for a
term life
insurance policy with no medical exam for the same price or a little more
than a
term policy with an exam, wouldn't it make
sense to go with the policy that does not require a medical exam?
As an example, if you have life
insurance to pay off your mortgage so that your family can remain in your home should something happen to you, but your mortgage balance will be paid off in ten years, then it may make
sense to cover that need with an inexpensive
term policy rather
than a more costly whole life
insurance plan.
People often wonder if it makes
sense to get cash value life
insurance because it costs more
than term life.