The shortest duration of term coverage would be the cheapest.
Level term insurance offers the most affordable coverage for a duration lasting between 10 and 30 years.
The younger and healthier you are when you buy a term life policy, the lower your annual cost of coverage.
The shorter your life insurance policy duration (term), the lower your cost.
The lower the amount of life insurance provided by your policy, the lower your cost of coverage.
Learn more about finding the cheapest type of life insurance policy.