Term life offers several options, including Level term, Decreasing Term, Annual Renewable Term, No Exam Term Life and Return of Premium Term Insurance, among others.
The most popular type of term life plan is Level term life insurance because it has affordable rates.
In addition, with level term your premium remains the same each year, and your coverage will not decrease for any reason.
Term life offers coverage for a duration of 10, 15, 20, 25 or 30 years - depending on your age and health.
Learn more about the different types of term life insurance policies.