Term life is short term life insurance that provides life insurance protection for a specific period of time, from 1 to 30 years.
Most term life policies provide coverage for a "term" (duration) of 10, 15, 20 or 30 years.
If you die during the term of your policy, your beneficiary receives the death benefit. If you outlive the term of your policy, the life insurance coverage expires.
Term life insurance offers the lowest prices on life insurance coverage for a period of 30 years or less.
Can I buy term life on-line?
Yes, there are life insurance plans available for you to purchase on-line. In fact, some carriers offer up to $350,000 of instant issue life insurance you can start today, if you qualify. There are no health exams required, just some health questions for you to answer.
Here's how to get term life on-line.