How does 40 year term life insurance coverage work?
A forty-year term life policy provides you with life insurance coverage lasting for a duration of forty years.
With 40 year level term insurance, your premiums stay the same each year, and the amount of life insurance provided by your policy never decreases during the policy term of 40 years.
With a 40 year policy you lock-in a low rate for decades, which means while the cost of everything else may be increasing due to inflation, your life insurance premium will remain the same.
If you are age 45 or under, and need long-term life insurance protection, this may be a good option for you to consider.
Here's how to get forty years of term life insurance protection.
A forty-year term life policy provides you with life insurance coverage lasting for a duration of forty years.
With 40 year level term insurance, your premiums stay the same each year, and the amount of life insurance provided by your policy never decreases during the policy term of 40 years.
With a 40 year policy you lock-in a low rate for decades, which means while the cost of everything else may be increasing due to inflation, your life insurance premium will remain the same.
If you are age 45 or under, and need long-term life insurance protection, this may be a good option for you to consider.
Here's how to get forty years of term life insurance protection.
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