Sentences with phrase «temporary coverage generally»

If keeping costs low is your primary goal, term insurance can provide temporary coverage generally for the lowest cost.

Not exact matches

But, generally speaking, term offers the greatest coverage for the lowest initial premium and is a great solution for people with temporary needs or a limited budget.

However, as author Tony Steuer states in his 2010 book, Questions and Answers on Life Insurance, «Term insurance is generally agreed to be an excellent short - term solution to a temporary need for life insurance coverage -LSB-...]» The number of reasons someone might require or opt to purchase temporary life insurance are nearly as varied as the individuals themselves; from young people first asserting financial independence to entrepreneurs, from empty nesters with children in college, and a plethora of others, term life insurance may be just the ticket.

Term is generally less expensive than whole life and serves to meet a temporary coverage need, such as 10 or 20 years.

Term is generally more affordable than whole life and its purpose is to provide temporary coverage, such as 10 or 20 years.

Generally speaking, your coverage may include debris removal, structural repair to your home, attached and detached building structures (which may require separate policies), permanently installed fixtures, electrical repairs, and out of pocket expenses for temporary clean - up costs.

These plans are generally considered as «temporary» coverage, as they have shorter 10 or 15 year durations.

Since term life insurance provides temporary coverage, it's generally the cheapest type of life insurance you can find.