Sentences with phrase «than a term policy because»

On average, permanent policies cost 5 - 10 times more than a term policy because they last a lifetime and generate cash value, but this type of policy isn't necessary for most individuals.

Indexed universal life insurance, like other permanent life insurance, is more expensive than a term policy because it will pay out eventually.

On average, permanent policies cost 5 - 10 times more than a term policy because they last a lifetime and generate cash value, but this type of policy isn't necessary for most individuals.

A whole life policy will cost more than a term policy because ALL whole life policies pay death benefits (as long as you pay the premiums and do not cancel the policy).

Not exact matches

The BOJ currently makes the distinction because buying long - term government bonds for monetary easing could bind its hands on policy for longer than it wants and make a future exit from ultra-loose easing difficult.

The stakes are high for this assessment, not only because it will be a primary determinant of the timing of Federal Reserve policy tightening; the more one believes that current high long - term unemployment is cyclically (demand) driven rather than structurally (mismatch and demographic) driven, the more one believes workers can be brought back into employment through monetary (or other) stimulus.»

They may be able to raise short - term rates less than they otherwise would because now they have this second dial to tighten monetary policy.

So if the Scottish Greens (with six MSPs) have any sense, they'll play hard to get - not least because their policy agenda (anti-fracking and properly redistributive in terms of income tax) is significantly more radical than the centrist SNP's.

They sneak the auto renewal payment into the terms of conditons so even tho I paid for a month it renews every month for the one month payment is more expensive than just got a valued bundle deal and theres no refund because thats their policy so now this crappy app just charged me for an extra month I won't be using this app.

Whole life policies also tend to be more expensive than term life policies because they generate cash value.

However, if you need more life insurance and have since developed health issues, converting to permanent will likely be cheaper than applying for a new term policy altogether because at that point your health will be taken into consideration.

However, whole life insurance premiums are more expensive than term life insurance because of the additional cash component and would need to be considered when deciding on purchasing a whole life insurance policy.

Because it comes with a «money back guarantee» if you outlive the policy, it's more expensive than typical term life insurance.

Because the death benefits decrease over time, these policies tend to be more affordable than a standard term life insurance policy.

The premium for a term plan is much lower than the highly popular endowment plans or money back policies because of the absence of any type of investment component.

Jeremy Hallett, founder of online insurance marketplace Quotacy, said in an interview that premiums are typically 10 times higher for whole life policies than they are for term life policies with the same death benefit because permanent insurance provides coverage for life with guaranteed level premiums.

Premium payments are also fixed for the term of the policy, but because a death benefit payout is expected more often than not, premium rates are often higher than with term life insurance.

With term life, there is death benefit protection only, with no cash value build up — and because of that, term life insurance can frequently cost less than a comparable permanent life insurance policy (all other factors being equal).

However, these policies are not always cheaper than say, a 10 - year term policy, because the life insurance company has to recover all of it's costs right up front.

Premiums are often much higher than a term life insurance policy with the same amount of coverage because you're paying for an insurance policy as well as putting money into the cash value portion of the policy.

Because replacement cost policies pay out higher amounts than actual cash value policies, they typically cost more in terms of premiums.

Because term life is so affordable — a healthy 30 - year - old can get a 20 - year, $ 1,000,000 policy for under $ 40 a month — it's enticing to pay for more coverage than you actually need.

We're going to have to think long term, which is why I came here, to talk to young people here at Georgetown, because you have more of a stake in us getting our energy policy right than just about anybody.

Perhaps if he had termed it a «policy advice monopoly», the argument would have more merit, but it is still not a monopoly in that realm, because there is no dearth of competitors willing to offer conflicting advice, no dearth of politicians willing to give more credence to the competitors than to the IPCC, and no dearth of media sources willing to communicate these views to the lay public.

Many opponents of climate change policies argue that countries like the United States should not have to reduce their ghg emissions until China reduces its emissions by comparable amounts because China is now the largest emitter of all nations in terms of total tons, yet such an argument usually ignores the historical responsibility of countries like the United States which the following illustration reveals is more than twice as responsible for current elevated atmospheric ghg concentrations than China is.

IMO it's not particularly sensible to frame the entire issue in terms of the small chance of «climate catastrophe» because then we risk having the rug abruptly pulled out from under our policies when someone proves that the catastrophe is less likely than was previously thought: — RRB - Also, arguing over the precise threshold probability for particular outcomes risks turning into angels - on - pins stuff.

The current forecast is markedly lower than the forecast in the 2007 Integrated Energy Policy Report, primarily because of lower expected economic growth in both the near and long term as well as increased expectations of savings from energy efficiency.

Some clients will even get two policies from different carriers if they need more than 500k of life insurance because you can't beat the benefit of securing term life insurance online rapidly with no medical exam.

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.

The 30 year term policy will cost more than the 10 year term policy because it will be covering you into your older years.

Because of that, term life will frequently be cheaper than a permanent policy, with all other factors being equal.

Universal life insurance will also be more expensive than term life because of the investment portion of your payments for this kind of policy.

Because there aren't a lot of «bells and whistles» on term life insurance coverage, the premium cost for these policies will typically be less than that of a comparable permanent life insurance policy — with all other factors being equal.

The premiums are much lower and the credit requirements of the purchaser also less stringent because the customer is assuming a greater risk than with a whole life policy — that if they die it will be within the pre-specified term.

Of course it follows that Universal policies cost much more than term because they provide lifetime coverage, death benefits and guaranteed cash value accumulation.

Most seniors typically don't look for policies longer than 15 or 20 years anyway, and many choose 10 years simply because a 10 - year term will be the most affordable option.

Because these plans typically cover applicants who are considered to be riskier in terms of age and health, the premium is usually higher than that of a traditionally underwritten policy.

The reason that coverage amounts are much lower than other whole life policies or even term policies, is because carriers need to mitigate risk.

Because the odds are high that you will in fact live past when the term expires, these policies are much less expensive than «permanent» life insurance policies that never expire.

Permanent life insurance is more expensive because of the cash value accumulation feature and can easily cost 10 times more than what you would pay for a term policy.

Because the policy is written for a specified value, it is usually easier to get than traditional term policies, and you will not have to undergo a medical exam to qualify for most mortgage life insurance policies.

Over time, the premiums for a whole life policy will usually be lower than they would be for a term life policy because a term policy's premium will increase when the term has expired.

However, these policies are not always cheaper than say, a 10 - year term policy, because the life insurance company has to recover all of it's costs right up front.

Because these plans are permanent coverage, they are going to be more expensive than term life insurance policy, but there are still several ways that you can get an affordable whole life insurance policy for your family.

Now, most insurance agents within the U.S would usually try to sell whole life insurance policies to you because they offer more security and protection benefits, but they probably won't tell you that the premiums cost more and that they receive more commissions on whole life than on term life insurance policy.

Because there is no cash value includes with a term insurance policy, the premium that is charged will oftentimes be less than that of a permanent insurance policy — all other factors being equal.

Term life has more flexibility in coverage than permanent life policies because it offers temporary coverage for a predetermined period of time and is more affordable for families on a budget.

Because term life insurance only pays out if the policyholder's death occurs during the term of their coverage period, policy premiums are generally lower than whole life insurance.

Their premiums are often lump - sum payments and significantly higher, especially early in, than that of a term life policy, but because once the investment has been made, it is made, they can be used as security for loans and leveraged in a variety of ways to free up liquid capital, and their cash value is tax deferred.

That's why a term policy is better than whole, because it only covers the amount of time you actually need life insurance.