Usually, the lowest cost type of life insurance is term life insurance, because it provides life insurance protection for a set period of time, from 1-30 years.
Most term life plans provide life insurance for 10, 15, 20 or 30 years.
The shorter the term, or duration, of the term life policy, the lower the premium.
In addition, the older you are when you purchase the life insurance policy, the higher your rate for life insurance coverage.
Also, the higher the amount of life insurance, the higher the rate charged for your life insurance coverage.
Here's how you can learn more about finding low cost family life insurance to provide financially security and protection for your family's future.