If so, you may be looking to protect your family with low cost life insurance for parents.
But, what is the most affordable type of life insurance for parents?
It's usually term life insurance which offers much lower rates on life insurance compared to permanent life insurance.
If you need lifetime protection, permanent life insurance is the option to consider.
But, if you need low cost life insurance for a period of 30 years or less, then term life insurance offers the protection you need at the lowest cost.
With term life you can select life insurance that will last for a term of 10, 15, 20 or 30 years. The shorter your term, the lower your annual cost for life insurance.
Many parents buy life insurance for a term of 20 years or less, until their kids will be grown and out of the house.
Here's how to find cheap life insurance for parents.