Sentences with phrase «suggested life insurance coverage amount»

Not exact matches

You'll find that many industry insiders suggest that the amount of life insurance coverage you should buy should be five to ten times your annual, pre-tax, income.

As the names suggest, term life insurance covers only a specific amount of time, while permanent life insurance offers lifetime coverage.

The Basics: As the name suggests, term life insurance policies offer coverage for a specified amount of time, typically anywhere from one to 30 years.

Additionally, depending on the amount of coverage that you're looking for, we might also be able to suggest some alternative life insurance products that won't require one to answer any health questions or submit to a medical exam if it looks like your application would be denied by such «types» of policies.

As its name suggests, term life insurance provides coverage for a certain amount of time or term.

While I suggest you to consider taking term insurance which comes with very less cost and high coverage, there are other options like endowment policy or whole life insurance policies where you need to pay good amount for small coverage, but you would get money at frequent intervals or at maturity.