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the savings component grows more rapidly during the premium-paying period than in straight life

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Q: What are the advantages of a Limited-Payment Life Insurance Policy?
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What are the advantages of 20 year term insurance?

Term life insurance protects you for the term of the policy. You are not required to renew each term.


What are some of the advantages of getting some cheap life insurance?

Advantages are easy,your premiums will be less.Allways read through any policy carefully.


It is not important to have a life insurance policy.?

It is not important to have a life insurance policy.


What is the executor on a life insurance policy?

The Policy Holder of a life insurance policy is the executor of the said policy.


what are the advantages of long term life insurance vs whole life insurance?

The basic difference between long term life insurance and whole life insurance is that a term policy is life coverage only and this is also considered an advantage. One can buy a long term life insurance for periods of one year to 30 years, whereas whole life insurance is a combination of a term policy with an investment component.


What are some advantages of whole life insurance?

The main advantage to whole life insurance is that it will cover your entire life, as opposite to a term insurance policy, which only covers you for a term of usually 10 to 20 years, after which it expires.


Life Insurance Policy?

form_title=Life Insurance Policy form_header=Protect your loved ones with a lifetime of financial security. Find a life insurance policy customized to fit your needs. What type of life insurance policy do you want to buy?= () Term Life Insurance () Permanent Life Insurance () Both () Not Sure How large of a life insurance policy do you want to buy?=_ Who will it cover?=_ Who would you list as beneficiary?=_


Is a 15 year term life insurance policy better than a whole life policy?

both has certain advantages and disadvantages. one can go for either one depending on their economical and health condition. but to me life policy has a upper hand.


What is portable life insurance?

A life insurance policy is "portable" when upon leaving the group policy, you transfer your life coverage to an individual life policy with the same insurance carrier with no changes to the policy or increase in premium.


What policies are offered by General American Life Insurance?

There are many policies offered by General American Life Insurance. These include the Variable Life Insurance policy, the Condo Insurance policy and the Boat Insurance policy.


Is permanent life insurance the same as whole life insurance?

Technically, there is no insurance policy called as permanent life insurance. However, you can treat whole life insurance policy as permanent since the policy covered the whole life span of the policy holder and benefit is payable to nominee in the event of any eventuality of the policy holder.


What are the advantages of a life insurance settlement?

The main advantage of a life insurance settlement is that instead of a life insurance "surrender", (which sometimes happens if the owner can no longer afford the premiums),the owner of the policy can sell the policy to a third party and in turn receive "some" money from it. The person selling will definitely get less than the policy is worth, but more than if they completely gave it up.