No, term life insurance is not the most expensive life insurance.

Actually, term life costs a lot less than whole life insurance.

Since term life coverage lasts for a specific number of years, it costs much less than permanent life insurance that lasts for your entire lifetime.

Term life plans usually offer coverage for a period of 10, 15, 20, 245 or 30 years.

However, if you choose to renew your term life insurance when your initial term expires, the premium will be much higher at that time beca...
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