When it comes to term life coverage there are several types of plans you can choose from to meet your needs.
Some of the more well-known term life policies include:
1. Level Term - The most popular type of term life plan offers level premiums for a term of 10, 15, 20 or 30 years, and a coverage amount that stays level throughout the term of your policy.
2. Decreasing Term - Offers level premiums for the duration of your term (up to 30 years), but the amount of life insurance coverage declines each year.
3. Renewable Term - Allows you to renew your term life policy at expiration, but your premium increases at renewal based on your age at that time.
4. No Exam Term Life - Offers you up to $499,000 of term life insurance protection without having to take any health examination to qualify. You can get a free quote and apply online in minutes. If you qual;ivy you may start your life insurance coverage today.