Term life insurance provides coverage for a set period. This contrasts whole life insurance, which requires scheduled payments your entire life. Basic term life insurance lengths are 10, 20, or 30 years. Below are some of the main features of a term life insurance policy:
You can choose which term length makes the most sense for your unique lifestyle.
The premiums remain the same the entire length of your policy, unless you choose to change them.
If the policyholder passes during the term, the beneficiary receives the death benefit.
Term life insurance quotes are competitive and dependable.