Sentences with phrase «than traditional life insurance policies»

Death benefits are usually smaller than traditional life insurance policies.

Benefit amounts are much lower than traditional life insurance policies.

The downside for these policies is that they are more expensive than traditional life insurance policies and have lower available death benefits coverage.

This type of insurance is more precise than traditional life insurance policies.

However, buyer beware: These policies generally cost way more than traditional life insurance policies and usually have a lower coverage amount.

While standard whole life insurance policies can provide funeral and burial coverage, final expense no medical insurance policies provide superior coverage given the facts they contain a lower face value than traditional life insurance policies.

No - exam policies are more expensive than traditional life insurance policies.

Death benefits are usually smaller than traditional life insurance policies.

Simplified issue life insurance policies are typically more expensive than a traditional life insurance policy.

Another factor is the second to die insurance cost which is actually lower than a traditional life insurance policy.

Another obvious advantage is that these policies are going to be less expensive than a traditional life insurance policy.

These plans are going to be much more expensive than a traditional life insurance policy that requires a medical exam.

The caveat is that these plans have high premiums and coverage amounts are much lower than your traditional life insurance policy.

Because these policies are much smaller, the premiums are going to be much lower than a traditional life insurance policy that gives a significant amount of coverage.

Another downside is price — you'll be paying more than a traditional life insurance policy for these added benefits.

And lastly, an accidental death benefit policy is less expensive than a traditional life insurance policy.

An accidental death policy is significantly cheaper than a traditional life insurance policy.

Those who buy life insurance without the exam will be paying more than a traditional life insurance policy, in most cases.

Variable universal life insurance is really not that different than a traditional life insurance policy like whole life or universal life because it still is a life insurance policy.

The premiums for a guaranteed issue policy are more expensive than a traditional life insurance policy.

This type of policy has higher fees and costs of insurance but if the performance of the variable funds is strong the owner could end up with a higher cash value than a traditional life insurance policy.

Of course, this insurance will cost you more than a traditional life insurance policy, but it is certainly better than not having any insurance to pay for your final expenses after you die.

Even if you have to purchase a no physical exam life insurance These plans are more expensive than a traditional life insurance policy, but you can put a price tag on the safety net that life insurance provides.

Since the insurer is willing to accept your health as an unknown risk, your premium will be substantially higher than a traditional life insurance policy.

Generally, having separate mortgage protection life insurance and traditional life insurance will cost more than a traditional life insurance policy of the same total benefit amount.

These no medical exams are going to be much more expensive than a traditional life insurance policy.

Depending on your age and medical history, a non-medical life insurance policy is roughly 30 - 50 % more than a traditional life insurance policy with a health exam.

Not exact matches

These insurance policies are less pricey than traditional life insurance, since they pay benefits only after the death of both husband and wife.

This means that you can purchase a significant amount of accidental death insurance for a much lower premium than you would pay for a traditional life insurance policy.

If you want final expense insurance and are unable to qualify for traditional coverage, simplified issue whole life insurance will be less expensive than a guaranteed acceptance policy.

In general, if you're relatively healthy and wouldn't mind a simple medical exam, traditional life insurance is the better option because it will likely be less expensive than a simplified issue life insurance policy.

If you want final expense insurance and are unable to qualify for traditional coverage, simplified issue whole life insurance will be less expensive than a guaranteed acceptance policy.

This means that you can purchase a significant amount of accidental death insurance for a much lower premium than you would pay for a traditional life insurance policy.

A large portion of your premiums payments will be invested in the insurance company's investment fund in whatever asset class you prefer (stocks, bonds, mutual funds, money market funds, etc.) Over time, this has the chance to generate a much larger cash value in your insurance account than a traditional whole life policy does.

For this reason, monthly premium costs are often much lower than traditional term life or whole life insurance policies.

Much like Universal Life, Variable Life insurance is a type of Permanent Life insurance that affords the purchaser more flexibility than a traditional Whole Life insurance policy.

Even with some pre-conditions, you can apply for a «rated» traditional life insurance policy (typically more expensive than standard life insurance).

In general, if you're relatively healthy and wouldn't mind a simple medical exam, traditional life insurance is the better option because it will likely be less expensive than a simplified issue life insurance policy.

Because these policies are much smaller, the premiums are going to be more affordable than a traditional life insurance plan that has a lot larger payout.

Although the face value (death benefit) is typically smaller than that of a traditional life insurance policy, so are the premiums.

Permanent policies also cost more than a traditional term life insurance policy, with whole life being up to four times as expensive as term.

The HECV policy is designed for executives, such as key person insurance, with significantly higher early cash value than traditional whole life policies.

The idea behind this concept of financial leverage and potential arbitrage is that you can take loans from your life insurance policy much more easily and cost effectively than you could from a traditional bank.

These plans are going to be more expensive than a traditional policy, but you can't put a price tag on the peace of mind that having life insurance is going to bring.

It is important to note that because the applicants for guaranteed issue life insurance are typically those who have health issues, the premiums for these policies are much higher than those of traditional life insurance plans.

Guaranteed issue life insurance policies, will typically be limited to less than $ 25,000 in coverage and will have some unique features to them that are not typically found in more traditional fully underwritten policies.

Also, the face amount of coverage on a final expense life insurance policy is typically lower than that of a traditional life insurance policy.

This type of term life insurance policy is more expensive than traditional term life insurance, but the premiums remain level over the life of the policy.

This type of coverage is generally limited to policies of under $ 500,000 and is a slightly more expensive than traditional Term Life Insurance.

One of the best benefits of these plans is that you can get approved for life insurance much faster than you can with a traditional policy.