Sentences with phrase «single standalone policy»

Buying a supplemental disability policy is usually less expensive than buying a single standalone policy, because you're usually buying a smaller amount to work with your group coverage.

Not exact matches

Using adjusted U.S. mortality data, they estimated that the combination policy would cost 3 % to 5 % less than comparable standalone policies, on a single - premium basis.

There is no single answer to this, riders can be taken with term plan, but those riders do not cover everything and do not cover broadly everything which a standalone cover does, thats the reason riders in term plan are cheaper than stand alone policies.