The most affordable life insurance is term life because it is temporary coverage for a specific period of time, compared to permanent life insurance which provides lifetime protection.
When comparing plans for term life insurance make sure you consider what type of term life plan is right for you, how much life insurance you need, what you can afford to pay, and how many years you need life insurance.
You can compare term life rates and plans by contacting a local life insurance agent, calling insurance companies individually for a quote, or visiting a life insurance quote provider online to compare multiple term life insurance quotes at once.
When you receive your quotes for term life insurance you will get the company names and financial strength ratings, the type and amount of life insurance quoted, and for how many years, and the premium payment options.
Usually, you can save some money by paying your premiums once per year, on an annual basis, instead of paying monthly.
Also, by comparing rates from several insurers you may save money since each company has their own pricing guidelines. Here's an article providing more affordable term life insurance information to help you save money on your life insurance policy.