Two of the more popular types of life insurance are term life and permanent life insurance.
Term life insurance is temporary life insurance for a period of up to 30 years, or until you reach a certain age.
Permanent life insurance provides lifetime coverage as long as you pay the premiums.
Term life insurance usually costs a lot less than permanent life insurance, because it is temporary, and it does not build any cash value inside the policy. You get pure life insurance protection with term life.
If you are on a budget, and need life insurance for 30 years or less, term life insurance may offer the most affordable option for your life insurance needs.
Here's how you can review the benefits of term life insurance vs permanent life insurance and request your free life insurance quote comparisons online.