Friday, September 01, 2006
Term Life vs No-Lapse UL
Term life insurance is always less expensive at the time of purchase than permanent insurance, right?
Well, not anymore. As of July, online broker Insure.com showed that its lowest-priced 30-year level-premium term policy for a 57-year-old prospect had higher annual premiums than a universal life insurance policy with a secondary no-lapse guarantee.
Term Life vs No-Lapse UL
Source: A.M. Best (subscription required)
Well, not anymore. As of July, online broker Insure.com showed that its lowest-priced 30-year level-premium term policy for a 57-year-old prospect had higher annual premiums than a universal life insurance policy with a secondary no-lapse guarantee.
Term Life vs No-Lapse UL
Source: A.M. Best (subscription required)
Permalink posted by armandn @ 12:31 PM 
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