If you are parents in need of life insurance protection for your loved ones, you may be considering term life insurance.

Term life insurance is the most affordable type of life insurance policy available.

It provides you with a death benefit that is paid out to your beneficiary upon your passing.

With term life, you can select a duration of coverage of 10, 15, 20, 25 or 30 years, to meet your family's specific life insurance needs.

Term life offers the maximum amount of life insurance protection ...

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What is good life insurance for young parents?

If you have young children you may want to consider your long and short term needs for life insurance.

Permanent life insurance can provide for your final expenses and protect you for your entire lifetime.

However, if you need more life insurance while your family is growing, and until the kids are on their own, you may want to consider a 20 or 30 year level term life insurance policy for you and your spouse.

Level term offers the lowest rates for li...
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Yes, you can purchase life insurance coverage on your parents.

You can buy a life insurance policy on anyone with whom you share an economic insurable interest, including your parents or spouse.

The parent or parents you wish to insure will  need to sign as the policy "Insured" on the application for life insurance coverage, and have to be mentally competent to do so.

In addition, your parents may need to answer some health questions, or take a medical exam to find out if they...

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