The main pricing factors for life insurance are the type of life insurance, term length, and face amount of life insurance coverage.
In addition, your age, gender, build, lifestyle, health status, occupation, hobbies, tobacco use and driving record will impact your cost of life insurance.
Term life insurance will be the least expensive type of life insurance policy but it also offers the least flexibility in many ways.
Term is just that, life insurance for a specific number of years. If you buy 10 year term and you die 10 years and one week later, it pays your beneficiaries nothing. However, if you die during your term, your beneficiary is paid the death benefit, subject to any exclusions.
Here's how you can instantly compare the lowest life insurance rates from a network of top rated life insurance carriers.