Sentences with phrase «than term insurance if»

It may be more costly than term insurance if you don't keep it long enough.

It may be more costly than term insurance if you don't keep it long enough.

Not exact matches

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.

On the other hand, if you have severe enough health problems to not qualify for term life insurance, mortgage life insurance will offer larger death benefits than many alternatives.

One of the key differences to understand is that while you can purchase much more term life insurance than permanent insurance for your money, if you don't die during the term, your favorite charity won't receive any death benefit.

If you have less than $ 50,000 of group and supplemental term life insurance, you won't be taxed on the value of it.

In addition, term life insurance policies are cheaper than other forms of insurance, so they're usually the best choice if you need a particularly large amount of coverage.

These policies all generally have a cash value component, which is essentially the surrender value of the policy (if you give it up before its maturity or your death), and is the primary reason permanent life insurance policies are more expensive than term policies.

Yes, but you neglect to consider that the money you save by opting to go with term insurance can be invested, and you'll probably be out way ahead with that money for your beneficiaries and heirs rather than if they wait for you to die and collect their benefits through a whole life policy.

Therefore, if you need more than two to four hours per day of in - home care, your long - term insurance benefit may provide more long - term - care if you are in a nursing home.

Given what he knows about National Insurance and pension costs, he thinks that the right figure for a real - terms cut in funding over the life of the next Parliament from the IFS forecasts is closer to 12 than to seven per cent.

Therefore, if you're shopping for life insurance and being pitched whole life (or currently have a whole life policy), compare the cost to a 20 or 30 year term policy, and discuss your decision with a financial planner, rather than just your insurance agent.

Mutual funds do not provide any insurance but if someone needs an insurance can take a term plan and invest in mutual funds for better returns and insurance coverage than investing in ULIPs.

On the other hand, if you have severe enough health problems to not qualify for term life insurance, mortgage life insurance will offer larger death benefits than many alternatives.

Additionally, if you're looking for only a specific period of coverage, term life insurance plans can often be less expensive than whole life insurance.

If a website with term insurance quotes only shows a single price — rather than a range of possible premium rates — you're probably not getting the whole story.

In addition, term life insurance policies are cheaper than other forms of insurance, so they're usually the best choice if you need a particularly large amount of coverage.

People often wonder if it makes sense to get cash value life insurance because it costs more than term life.

In case if your investment objective is returns / long - term wealth accumulation, there are better options than traditional life insurance plans.

These policies all generally have a cash value component, which is essentially the surrender value of the policy (if you give it up before its maturity or your death), and is the primary reason permanent life insurance policies are more expensive than term policies.

But if you are getting a loan that requires a down payment lower than 20 percent of the home's value, factor in the possible higher long - term costs, such as a higher interest rate and private mortgage insurance.

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.

As a general rule, if you're looking to buy life insurance you're much better off going with term life insurance, rather than whole life.

If you do need permanent life insurance, it will cost more than term coverage and a guaranteed universal policy is the closest way to approximate your cost of coverage.

If your financial obligations are likely to go away within 20 to 30 years, then purchasing term life insurance is likely to be a better option as it's significantly less expensive than variable life insurance.

Am i eligible for term Insurance, If yes, than will it cover me during the travel out & in, does it cover mis - happening abroad, permanent or temporary disability, any mis - happening due to some viral / Virus decease.

If you want the most affordable term life insurance, perhaps nothing can help you more than buying young.

For the non-finance people and beginners out there, how should we go ahead with such plans and know what to invest so that we will not end up worse than what we could have had from insurance companies (the surrender value) if we hadn't signed up for term insurance, ie, signed up whole life, limited premium, ILP policies instead?

People that opt for permanent life insurance at an early age often find that because premiums are higher than with term life insurance, they skimp and buy less insurance than they really need to replace lost wages, pay off a mortgage or pay for their children's college education if they die.

If you receive a notice explaining that you are being offered less favorable credit terms than those offered to most other consumers, ask the creditor or insurance company why you aren't getting its best offer.

First, premiums are substantially higher than what a person would pay for a term life insurance policy for the same dollar amount, if it were to be issued.

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

They cost more than your standard term life insurance policy, but if you really want that money back a few decades from now, they're worth considering.

More than half of SSDI claims are denied, but even if you're approved that money will cut into the benefit amount you get from your employer - sponsored long - term disability insurance.

Another major benefit of first - to - die term life insurance is that you will be able to access the benefits of the policy sooner than if you both had smaller individual policies.

A: Mary, if you, your husband or your children are no longer dependent on your current income than life insurance in terms of income replacement is not really necessary.

This covers anything from the fact you were already covered through work or your partner, the policy was not what you agreed to, the insurance term was shorter than your loan and you didn't realise, or if you thought it was a joint policy but in fact it was only in one person's name.

Yes, but you neglect to consider that the money you save by opting to go with term insurance can be invested, and you'll probably be out way ahead with that money for your beneficiaries and heirs rather than if they wait for you to die and collect their benefits through a whole life policy.

The HECM loan becomes due and payable when the last remaining borrower on the loan has not lived in the home for more than 12 months; if the homeowner isn't current on property taxes, homeowner's insurance or other loan terms; or if the house is sold.

Given term life insurance policies are cheaper than the cost of burial insurance, we would recommend buying term coverage and saving if this is an option.

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.

Even if your flood insurance claim is less than your coverage limits, the policy still has limitations in terms of what will be paid for.

If you are looking to get term life insurance with the least hassle and faster than any other company can offer, then Haven Life is going to be your top company.

A term life insurance policy may work for you if you only need coverage for a limited amount of time (such as when your children are young), especially since permanent life insurance can be more expensive than term life plans.

If you've ever gone searching around the internet for quotes on life insurance or recommendations for which type of life insurance you should buy, the answer that almost always comes back is that term life insurance is a better choice than whole life insurance.

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

If it fits your needs, a term policy is usually cheaper than a whole life insurance policy.

Though the policy will cost much more than a term life insurance policy with a similar death benefit, they can be an excellent type of life insurance policy to have if you are not a saver by nature.

Some experts say that if you're less than 40 years old and don't have a family disposition for a life threatening illness, go for term insurance, which offers a death benefit but no cash value.

«Yet it does represent a long - term risk if the savings prove greater than expected or if the enterprises see this as a safer way to obtain congressionally required mortgage insurance on loans with less than 20 % borrower equity.»