Which type of life insurance should I buy?
That depends on what you want your life insurance to accomplish.
If you have a need for life insurance which will last for 30 years or less, then a term life insurance policy offers the most affordable protection.
If you need guaranteed lifetime life insurance, then a permanent life insurance policy can meet your needs.
Term life is temporary coverage for a term of 10, 15, 20, 25 or 30 years, usually. And, if you pass away during the "term" of your policy, your beneficiary you choose will receive the death benefit proceeds form your life insurance.
Many people choose a term life policy if they are young, have a family, or want to provide protection for 30 years or less to cover their home mortgage, or provide for their family's cost of living, replace income, or provide for a child's education, etc.
Learn more about life insurance term vs permanent plans.
Here's how you can instantly compare the lowest life insurance rate quotes from over 70 leading life insurance companies.
That depends on what you want your life insurance to accomplish.
If you have a need for life insurance which will last for 30 years or less, then a term life insurance policy offers the most affordable protection.
If you need guaranteed lifetime life insurance, then a permanent life insurance policy can meet your needs.
Term life is temporary coverage for a term of 10, 15, 20, 25 or 30 years, usually. And, if you pass away during the "term" of your policy, your beneficiary you choose will receive the death benefit proceeds form your life insurance.
Many people choose a term life policy if they are young, have a family, or want to provide protection for 30 years or less to cover their home mortgage, or provide for their family's cost of living, replace income, or provide for a child's education, etc.
Learn more about life insurance term vs permanent plans.
Here's how you can instantly compare the lowest life insurance rate quotes from over 70 leading life insurance companies.
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