Sentences with phrase «than permanent life insurance simply»
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.
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Permanent life insurance is so much more than simply a death benefit.
Because of that, permanent life insurance policies are often used as financial planning tools that can serve many more purposes than just simply paying out a death benefit.
Other people buy term life insurance simply because it costs much less than a permanent insurance policy.
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.