Showing Tag: "cheap life insurance for young adults" (Show all posts)

Affordable Life Insurance for Young Adults

Posted by hadley hadley on Monday, August 20, 2018, In : Life Insurance FAQ's 

Is there any low-cost life insurance coverage available for young adults?

Yes, in fact, life insurance is cheapest if you buy your policy while you are young and healthy.

The most affordable type of life insurance policy for young people is term life insurance because it offers temporary protection lasting for a period of 10, 15, 20 or 30 years, to meet your specific life insurance needs.

The shorter the term (duration) of your life insurance, the lower your cost of insurance.

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Low Cost Life Insurance for Young Adults

Posted by hadley hadley on Thursday, June 7, 2018, In : Life Insurance FAQ's 

What is the cheapest life insurance available for young adults?

That would be term life insurance which offers temporary coverage lasting for a "term" of 5 years up to 30 years, usually.

You may be able to choose term life coverage for a period of 5, 10, 15, 20, 25 or 30 years.

The shorter your "term" of coverage, the lower your annual cost for the life insurance policy.

Term life is there cheapest life insurance because it is temporary and it does not build any cash value inside the policy - it ...
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