It's life insurance that provides coverage for a specific duration, usually up to thirty years.
However, term life may offer coverage for a policy term of 10, 15, 20, 25, 30, 35, or 40 years.
The longer your policy term, the higher your cost of life insurance.
Level term is the most popular type of term life insurance policy available.
Level term has provides premiums that never increase and a coverage amount that never decreases during the life of your insurance policy.
Level term offers the most affordable type of life insurance coverage lasting for up to 30 years. Learn more about level term life insurance plans.