Sentences with phrase «than term insurance simply»

Whole life costs more than term insurance simply because the life insurance company is at risk for a longer period of time.

Whole life insurance costs more than term insurance simply because it is guaranteed for a longer period than term insurance.

Not exact matches

Most of our clients end up choosing term life insurance simply because it costs less than whole life.

When sorting through and reading term life insurance reviews, it is also a good idea to do more than simply look at the rating that various companies are provided.

It's also why we will typically recommend folks avoid applying for a simplified issue life insurance policy simply because these «types» of life insurance policies are often times more difficult to qualify for than a fully underwritten term or whole life insurance policy.

And just like the example above, when looking at the price tag of a 20 or 30 year term life insurance policy, in some situations, the grandparent will simply elect to take the slightly more expensive cash value whole life insurance option rather than saving a few bucks and choosing a term life insurance policy for their grand kids.

Laddering Term life insurance policies is simply having more than one policy so your life insurance can work in stages instead of purchasing just one big policy you can have policies that work for a specific number of years and then drop off in time.

Other than simply not wanting to do an exam, one of the biggest reasons to consider a non medical term life insurance policy is lack of time.

These policies will always be more expensive on a month to month basis than any other type of term life insurance policy simply because your premiums get returned in the end.

Term life insurance is much more affordable than permanent life insurance simply because it's a less likely possibility that the life insurance company will have to pay out the claim.

If you simply bring it up in terms of planning for you and your spouse's future, or elder members of your family that might require expensive care, you can speak about life insurance as a planning tool rather than a death benefit.

Individuals who may want more than a standard term life insurance policy understand that both of these are more expensive and contemplate, «If I'm paying much more, why don't I simply get the policy that will last my whole lifetime?

The difference between different whole life insurance policies is much deeper than simply comparing the annual premium (which is essentially all you need to know to compare term policies of the same length).

Other people buy term life insurance simply because it costs much less than a permanent insurance policy.

When looking for any type of insurance, rather than simply choose the company that offers the lowest term life insurance quotes, it is important to understand the company you choose to back your policy.

Depending on what day your birthday falls on when you are applying for life insurance, Mutual of Omaha might offer the best term life insurance policy simply because the company offers rates based on your actual age rather than your life insurance age.

When purchasing a renters insurance policy for a stay less than six months long, do not assume you can simply cancel a renters insurance policy with a one - year term without penalty.

Whole life policies are more expensive than term life, and are commonly purchased by individuals with large estates or those who simply want life insurance coverage for life.

Simply put, term life insurance is less expensive than any other form of coverage, particularly whole life insurance.

In simpler terms, rather than charge someone extra for going to countries that don't have a great safety record, the life insurance company will simply charge all of us a little more so that person won't be penalized.

While some term life policies can be renewed or converted, the premiums will be much higher than if you had simply purchased a permanent life insurance policy to begin with.

Term life insurance is an affordable alternative for most people especially if they are above the age of 50 (life insurance for seniors), either way it is much cheaper than whole life simply because it expires!

Discussing the terms of a pre-nuptial agreement encourages that conversation far more than simply buying an insurance policy.