No, term life insurance is not expensive, if it is the right type of life insurance policy that meets your specific needs.

Term life is the most affordable type of life insurance coverage for those needing protection for a duration of thirty years, or less.

Term life is pure protection, providing a death benefit only, there is no investment feature or cash value.

That’s why permanent life insurance can cost up to 5 to 10 times more than the same amount of term life insurance.