The cheapest type of life insurance coverage available is term life insurance.
Why is term life cheapest?
Because, term life is temporary, lasting for a specific period of time.
Most term life plans offer coverage for a period of 10, 15, 20 or 30 years; whereas, permanent life insurance costs a lot more because it lasts your entire lifetime, and it builds up some cash value inside your policy.
So, if you need life insurance for a period of 1 to 30 years, a term life insurance policy will offer you the cheapest price.
Here's how to compare term life insurance rates online from several of the best term life insurance companies, with no delays and no hassles.