Terms for Level Term Life Insurance?

I want to purchase a term life insurance policy and understand that level term has the best rates.

What are my options for duration of a level term policy?

Level term life insurance policies usually offer level rates and coverage amounts for a set period of time that may include 10, 15, 20, 25 or 30 years.

Level term life is the most popular type of term insurance policy, and offers the option of renewability.

A renewable term life plan means you can renew your term life policy for another 10 year term when your current term life plan expires. You don;t have to take a physical exam to qualify for renewal, but your new rate at renewal is based on your age at that time.

If you have a temporary need for life insurance for 30 years or less, level term offers you the most life insurance protection at the lowest price. 

Many families with young children or a home mortgage buy level term life insurance because it's affordable and offers the maximum protection for their budget.

Learn more about how level term life insurance works and compare instant rate quotes online.