Sentences with phrase «than a whole life insurance policy»

Since the insurer guarantees a lower interest rate and offers a range of premiums, universal life insurance policies are typically less expensive than whole life insurance policies.
These policies are more affordable than whole life insurance policies because they do not build a cash value, and after the age of 65, they are competitively priced with term insurance.
If it fits your needs, a term policy is usually cheaper than a whole life insurance policy.
There are various strategies you can use to withdraw the cash value from your variable life insurance policy before you die, though they are typically less flexible than whole life insurance policies.
Term life insurance policies also just make a lot more sense than whole life insurance policies.
It has a lower risk than most variable universal - life insurance products, plus the ability to generate significantly higher returns than a whole life insurance policy.
Essentially, the premiums are usually lower than a whole life insurance policy, leaning more toward the cost of a term policy.
In the end, if you're going to put some extra money into your life insurance policy, a return of premium policy provides a better value than a whole life insurance policy.
A universal life insurance policy, when well funded, has the potential to grow faster than a whole life insurance policy over time.
A universal life insurance policy allows a more flexible funding structure than a whole life insurance policy while still providing permanent coverage.
For a few dollar more a month you can lock in a policy that will likely exceed your life span and at much lower premiums than a whole life insurance policy.
And regardless of whether or not you have a health issue that might affect your premium, term life insurance typically offers more affordable options than whole life insurance policies.
In general, term life insurance policies are less expensive than whole life insurance policies.
If it fits your needs, a term policy is usually cheaper than a whole life insurance policy.
These plans, however, are considered to be more flexible than whole life insurance policies.
Term life insurance policies also just make a lot more sense than whole life insurance policies.
Enter some smart people who realized what was happening, put their thinking caps on and figured out that it would be easier to sell term life insurance to the public rather than a whole life insurance policy because the term policy was cheaper.
As a policyowner, you have more flexibility with a UL permanent product than a whole life insurance policy, but you also assume some additional risk.
It is even more flexible than a whole life insurance policy in some ways in that the death benefit, premium and savings element can be changed at any time to fit the desires and financial situation of the policy owner.
To be able to claim that Investing the «Rest» is better than whole life insurance policies - you should be able to point to what types of investments routinely beat whole life insurance dividends and their plans.
Remember, a term life insurance policy is going to be less expensive than a whole life insurance policy.
Term life insurance is generally more affordable than a whole life insurance policy because you are not paying extra for an investment component, nor will you likely be paying on the policy as long.
As a policyowner, you have more flexibility with a UL permanent product than a whole life insurance policy, but you also assume some additional risk.
Variable universal life insurance policies and even traditional universal life insurance policies may provide an even higher rate of return than a whole life insurance policy, but they could also provide a lower rate of return.
These policies can be cheaper than a whole life insurance policy and still offer you the protection you need as you grow older.
Term life insurance is generally more affordable than a whole life insurance policy because you are not paying extra for an investment component, nor will you likely be paying on the policy as long.
Term Life Insurance policies are considerably less expensive than Whole Life insurance policy.
A good rule of thumb in this case is to understand that, generally, Universal Life insurance is going to cost more than term life insurance and will be less than a whole life insurance policy.
In general, term life insurance policies are less expensive than whole life insurance policies.
For any budget, a term policy is usually less expensive than a whole life insurance policy.
Since the insurer guarantees a lower interest rate and offers a range of premiums, universal life insurance policies are typically less expensive than whole life insurance policies.
However, it is considered to be more «flexible» than a whole life insurance policy.
If the cash value ever reaches zero due to investment failures or withdrawal of cash by the policyholder, the policy is cancelled, so types of universal life insurance policies are less permanent than whole life insurance policies.
Term life insurance is less expensive than a whole life insurance policy, but it does not have the same advantages as a permanent policy has, either.
While being pricier than a typical term life insurance policy, it is much less expensive than a whole life insurance policy and has similar advantages.
If you have a term life insurance policy that you have renewed more than once, it is more than likely a good deal more expensive than a whole life insurance policy would have been.
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