Sentences with phrase «than a permanent life insurance policy.permanent»

While this makes term life insurance significantly less expensive than permanent life insurance, it also means that you will not receive any benefit if you outlive the policy.

In both examples, term life insurance would provide an ample death benefit to the beneficiaries at a much lower cost than permanent life insurance, which may not be within the financial reach of these buyers.

Term life insurance is generally more affordable than permanent life insurance.

Term life insurance is typically more affordable than permanent life insurance because it only provides protection for a set amount of time.

Term life insurance allows you to leverage a relatively small monthly premium for a large guaranteed death benefit with a lower initial cost than permanent life insurance.

In general, term life insurance premiums are lower than permanent life insurance premiums.

While initially cheaper than permanent life insurance (see our whole life insurance rates chart), term life insurance policies have some down side.

Keystone Term life insurance allows you to leverage a relatively small monthly premium for a large guaranteed death benefit with a lower initial cost than permanent life insurance.

Since premiums are often lower than permanent life insurance plans, this coverage is good for a head of household who wants to provide for their loved ones in the event of their death.

This means another health exam, and of course your age will be a factor in determining the cost of a new insurance policy — even though term life insurance is cheaper than permanent life insurance, you'll naturally pay more for a term policy today than you would have 5, 10, or 20 years ago, and if you're above a certain age you may have trouble getting a term life policy at all.

Term life insurance is often more affordable than permanent life insurance, especially if you only need coverage for this set period of time.

Therefore, term life insurance is typically less costly than permanent life insurance — especially for those applicants who are younger and in good health.

Term life insurance is much cheaper than permanent life insurance — sometimes it only costs 1/10 what other insurance costs.

Because term insurance is simple; designed to only provide coverage for a defined number of years, and pays out if you die during that period it carries less risk than permanent life insurance and is more affordable.

«If your goal is to make sure your family has enough to be taken care of financially if something does happen to you, then term life insurance is a lot cheaper than permanent life insurance policies,» says Richard Morris at Southwest Premier Insurance Agency in Arizona.

That's why term life is less expensive than permanent life insurance.

It's generally more affordable than permanent life insurance, and the duration of coverage can be tailored according to the applicant's age and needs.

Term life is significantly cheaper than permanent life insurance.

That's why it usually costs 2 to 3 times less than permanent life insurance.

This is very different than some permanent life insurance products where there is a greater emphasis on accumulating cash value.

Also, term life insurance offers rates that are 2 - 3 times lower than permanent life insurance.

«If your goal is to make sure your family has enough to be taken care of financially if something does happen to you, then term life insurance is a lot cheaper than permanent life insurance policies,» says Richard Morris at Southwest Premier Insurance Agency in Arizona.

Term life insurance offers only a death benefit and is usually less expensive than permanent life insurance.

The same money spent on term coverage will get you much more death benefit than a permanent life insurance policy.

The biggest attraction for term life insurance is that it is very straight forward, and the premiums are much cheaper than permanent life insurance.

Term life is probably a better fit for you than permanent life insurance if: ⦁ You don't have any dependents who will need financial support for the rest of your life and beyond, such as a special needs child.

This means another health exam, and of course your age will be a factor in determining the cost of a new insurance policy — even though term life insurance is cheaper than permanent life insurance, you'll naturally pay more for a term policy today than you would have 5, 10, or 20 years ago, and if you're above a certain age you may have trouble getting a term life policy at all.

Term life policies cost less than permanent life insurance, at least in the early years, making the former especially attractive.

But there are a number of pretty good reasons for a young person to get term life insurance (which is only good for a period of time, and is a lot cheaper than permanent life insurance, which lasts forever and costs a fortune.)

Term life insurance premiums are considerably cheaper than permanent life insurance policies.

It's generally less expensive than permanent life insurance, and is available in varying term periods with fixed premiums from a one -(annual renewable term) to 20 - year period (level term).

Term life insurance rates are lower than permanent life insurance rates because the policy does not stay active for a lifetime.

First of all, you should know that term life insurance is less expensive than permanent life insurance (whole life and universal life).

You want the cheapest life insurance possible: Term life is far less expensive than permanent life insurance.

Cheaper: It's comparatively less expensive than permanent life insurance which means you get the highest amount of life insurance and the lowest cost.

Term life usually costs 2 - 3 times less than permanent life insurance, and can provide guaranteed rates for up to 30 years.

Term life insurance is often more affordable than permanent life insurance, especially if you only need coverage for this set period of time.

Term life insurance usually costs 2 - 3 times less than permanent life insurance.

Term life insurance is generally more affordable than permanent life insurance.

Once advantage of purchasing a term life insurance policy is lower insurance premiums than a permanent life insurance policy.Permanent Life Insurance is a lifetime policy with flexible coverage and payment options.

That's why term life is usually much less expensive than permanent life insurance.

Term life usually costs alot less than permanent life insurance, depending on your age.

In fact, for the first time in history more people own more term policies than permanent life insurance insurance.

If you are looking for a policy that lasts forever than a permanent life insurance policy is what you need.

The advantage of term insurance is that even though premiums increase with the age of the policyholder, they are still cheaper than permanent life insurance.

In general, term life insurance premiums are lower than permanent life insurance premiums.

Choose Term Life Insurance — If you need life insurance for a period of 30 years or less, choose term life since it costs 2 - 3 times less than permanent life insurance.

* Term life insurance can help your loved ones financially in the event of your death, but is generally more affordable than permanent life insurance.

Also known as pure life insurance, many people prefer term life insurance plans because the premiums are more affordable than permanent life insurance.

Term life costs a lot less than permanent life insurance that provides lifetime coverage.