In addition, there are a feew types of term insurance to choose from including the following:
Level Term - This is the most popular type of term life insurance policy offering level premiums and coverage that remains level for the entire duraiton of your policy term.
Decreasing Term - This option has level premiums but your coverage amount delcines throughout the life of your policy term.
No Exam Term Life - This is a level term insurance policy with no physical exma required to qualify to purchase coverage.
Return of Premium - this is a level term policy that charges a higher rate per $1,000 of life insurance than regular level term life insurance, but if you outlive the term of your policy, you get back most of the premiums you paid for your coverage.
Learn more about the different types of term life insurance available.