Sentences with phrase «smaller than traditional life insurance»

Death benefits are usually smaller than traditional life insurance policies.

Because these policies are much smaller than a traditional life insurance plan, they are not going to require a medical exam, which is an excellent benefit for anyone that's in poor health or has been declined for life insurance coverage in the past.

Death benefits are usually smaller than traditional life insurance policies.

Not exact matches

Because these policies are much smaller, the premiums are going to be more affordable than a traditional life insurance plan that has a lot larger payout.

Although the face value (death benefit) is typically smaller than that of a traditional life insurance policy, so are the premiums.

Because these policies are much smaller, the premiums are going to be much lower than a traditional life insurance policy that gives a significant amount of coverage.

Although the face value (death benefit) is typically smaller than that of a traditional life insurance policy, so are the premiums.

You may read my article on Term insurance Vs Endowment plans to get more idea about the importance of having adequate life cover and why Small Savings Scheme like PPF can be a better option than traditional life insurance plans (such as money - back / endowment plan).