Sentences with phrase «than whole life»

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.

Plus, while fees can be lower with a variable life insurance policy than a whole life policy, the product is riskier.

Guaranteed issue life insurance can be more expensive than whole life 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.

The premiums are generally more affordable than a whole life policy because the coverage can terminate before you have a chance to collect.

The rates for term insurance stay locked at the same amount and are much lower than a whole life policy.

However, universal life offers more flexibility than whole life insurance, allowing you greater control over several important policy components.

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.

If a divorced couple is purchasing life insurance solely to provide financial protection for their children, they may want to consider purchasing term coverage rather than whole life.

If you are looking for a permanent insurance solution then no option is better than whole life insurance.

It allows for a greater degree of flexibility and often lower cost than whole life insurance, another popular type of permanent insurance.

These policies are much more flexible than Whole life because they allow you to adjust your premiums, death benefits or coverage.

Term life insurance is cheaper than whole life coverage because of the duration it is set for.

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.

And pay less than whole life in the process?

As a result, universal life insurance premiums are typically lower during periods of high interest rates than whole life insurance premiums, often for the same amount of coverage.

Insurance companies that do provide term insurance for older individuals charge outrageous prices, much higher than whole life would be over time.

Investment funds with variable rates of return will reflect broader market trends and potentially give you a better return on investment than whole life — but with more risk.

It's also a more complicated product than whole life insurance.

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.

Another thing to keep in mind is that term insurance is less costly than whole life insurance for equal amount of death benefit.

It doesn't take a genius to understand why they can charge much less for term life than whole life.

If any of them aren't no, you are being sold something other than a whole life final expense policy.

Some people choose term life insurance because it is less expensive and less complicated than whole life insurance.

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.

Moreover, as we have seen above, a pure vanilla term plan is a better choice than a whole life term plan.

Done right, a universal life policy gives permanent insurance coverage for less money than a whole life policy.

Term life is just like renting your insurance and is less expensive initially than whole life.

Term life insurance will always have a cheaper monthly price than whole life insurance (assuming the death benefit is equal).

You might be aware that term life insurance is more popular than whole life — in fact, it is much more popular.

It does have a better potential than a whole life for interest rate since the cash value is not only invested in bonds.

During times of rising interest rates a universal life insurance policy may also increase rates faster than a whole life policies increase dividends.

These plans offer more flexible premium payments than a whole life insurance option.

Term life insurance is like renting and the premiums are usually much less expensive than whole life at first.

There are many investment options available today, and most of them are more favorable to the investor than whole life insurance in terms of the investment value.

Term life insurance policies also just make a lot more sense than whole life insurance policies.

This type of coverage is much more affordable to buy than whole life insurance because it is temporary while whole life insurance is more expensive.

This was because they cost far less to purchase than Whole Life.

Term life insurance tends to be less expensive than whole life since it's only for the short - term.

This is different than a whole life policy which covers you for your entire life.

It typically has a higher rate of growth than whole life insurance.

A universal life policy does cost less per month than a whole life policy.

They're generally more cost effective than whole life insurance, and each one can fill an important need in your life.

When you shop for life insurance, don't forget, term life insurance is always a much better deal than whole life insurance.

However, this type of life insurance is cheaper than the whole life alternative.

For most people, term insurance, which is more inexpensive than whole life insurance, is actually the better choice.

Term mortgage protection insurance products have premiums lower than whole life mortgage protection policies.

Term life is a much better value for your dollar than whole life coverage.

As another form of permanent life insurance, universal life provides a lifetime of coverage with less constraints than whole life.