术语和. 永久人寿保险
According to industry experts, most people don't have enough life insurance. The American Council of Life Insurers recently reported that average coverage equals $183,780, 它大约等于3.5 years in terms of income replacement (with the median income being $54,132 in 2022, according to the Bureau of Labor Statistics). That's only half the recommended 7-year threshold.1,2
此外, almost half of consumers said that their households would be in immediate or near-immediate financial trouble if the primary wage earner died today.3
在考虑人寿保险时, one of the most important factors to understand is the difference between term and permanent insurance. 以下是两者的内部介绍.
定期及烫发
Term life insurance is temporary; it provides a death benefit for a specific term, 比如10, 20, 或者30年. Unlike other types of life insurance, it does not accumulate a cash value. If the policyholder dies during that term, their beneficiaries receive the benefit from the policy. When the contract ends, so does the coverage.
This limited term leads to term life insurance’s main advantage: price. 一般, term life insurance costs less than permanent life insurance, 尤其是如果购买者比较年轻的话. This has the potential to free up funds for other household expenses.
Permanent insurance remains in place as long as the policyholder makes payments. 除了, permanent policies are designed to build up “cash value,” a cash reserve that accumulates with the policy. Typically, this cash reserve pays a modest rate of return. However, the policyholder has limited access to the funds.
你应该选择哪一个?
Term life insurance can be designed to provide protection against upcoming expenses, such as putting children through college. 永久人寿保险, 另一方面, can be more useful for covering long-term financial needs, 比如遗产规划.
Many people find that they have a combination of short- and long-term needs. 在这种情况下, it may be prudent to have both types: a basic level of permanent life insurance supplemented by a term policy. A review of your situation may help determine what type of life insurance is appropriate.
Several factors will affect the cost and availability of life insurance, 包括年龄, 健康, and the type and amount of insurance purchased. Life insurance policies have expenses, including mortality and other charges. If a policy is surrendered prematurely, the policyholder also may pay surrender charges and have income tax implications. You should consider determining whether you are insurable before implementing a strategy involving life insurance. Any guarantees associated with a policy are dependent on the ability of the issuing insurance company to continue making claim payments.
定期或烫发?
In 2021 people purchased more permanent life insurance policies than term life insurance policies. However, term policies account for approximately 74% of the face amount of the policies issued.3
来源:ACLI.政府,2022
1. ACLI.com, 2022
2. 美国劳工统计局.政府,2022
3. LIMRA的.com, 2022
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