Sentences with phrase «than the permanent life insurance equivalent»

Many people are unaware even of the existence of term life insurance, which is a shame because term life insurance is usually much cheaper than the permanent life insurance equivalent.

Not exact matches

Whole life insurance, one of the simpler forms of permanent life insurance, can be four times more expensive than an equivalent term life insurance policy.

This insurance category has no cash value, but can have a significantly higher face value for lower premiums than an equivalent permanent life insurance policy.