How does a term life insurance policy work?
Term insurance is a type of temporary life insurance plan providing protection for up to 30 years, usually.
Many life insurers offer policy terms of 10, 15, 20, 25 or 30 years, depending on your age and health.
The shorter your policy term, the lower your rate per $1,000 of life insurance, because you have a lower chance of dying in the short term, as opposed to the longer term.
Term life insurance is the lowest priced life insurance coverage available.
Term insurance is a type of temporary life insurance plan providing protection for up to 30 years, usually.
Many life insurers offer policy terms of 10, 15, 20, 25 or 30 years, depending on your age and health.
The shorter your policy term, the lower your rate per $1,000 of life insurance, because you have a lower chance of dying in the short term, as opposed to the longer term.
Term life insurance is the lowest priced life insurance coverage available.
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