Sentences with phrase «temporary coverage like»
An alternative to temporary coverage like term insurance is Universal Life insurance.
https://www.behrinsurance.com/ Not exact matches
Like traditional Term Life insurance, coverage is intended to be temporary, and comes with low fixed premiums for the length of the term.
With a term policy, you are purchasing temporary coverage — it's like renting your insurance.
It may be appropriate for temporary coverage for needs like:
Also, if your coverage needs are temporary like mortgage protection or covering kids while they are dependents that are also a sure sign to get a term life insurance policy.
Like we touched base on before, term life is a temporary form of life insurance that provides coverage for a short and specified period of time.
Depending on whether you're looking for temporary life insurance for things like mortgage and coverage until your kids grow up, or you need a more permanent solution, both type of policies offer a fixed premium with no changes to your rate.
These policies are designed to pay out, so if some of the life insurance coverage you need is temporary, like a mortgage or college tuition for example, you may want to consider purchasing term life insurance as well.
Since term insurance provides temporary coverage for up to thirty years and has a very low mortality rate, this insurance is much more affordable than permanent insurance like Whole Life or Universal Life.