Term life insurance is a form of life insurance coverage that provides temporary protection for a specific period of time.
A "term" for term life insurance usually lasts for a period of 10, 15, 20 or 30 years.
When you apply for a term life insurance policy you choose the term (duration) of coverage.
If you are alive at the end of the term, the coverage expires.
Or, you may renew the policy for an additional year, at an increased premium.
Another option may be to renew a renewable term life policy for another term of up to 10 years with an increase premium.
Learn more about how a level term life insurance policy works and compare term life rates from several of the leading life insurance carriers.
A "term" for term life insurance usually lasts for a period of 10, 15, 20 or 30 years.
When you apply for a term life insurance policy you choose the term (duration) of coverage.
If you are alive at the end of the term, the coverage expires.
Or, you may renew the policy for an additional year, at an increased premium.
Another option may be to renew a renewable term life policy for another term of up to 10 years with an increase premium.
Learn more about how a level term life insurance policy works and compare term life rates from several of the leading life insurance carriers.
RSS Feed
