Showing Tag: "level term insurance" (Show all posts)

Level Term Insurance?

Posted by hadley hadley on Sunday, April 2, 2017, In : Life Insurance FAQ's 

What is a level term insurance policy?

It's a type of life insurance that provides temporary coverage for a specific period of time, usually form 10 to 30 years.

How does it work? It's simple and affordable. You select a term for your coverage form 10, 15, 20 or 30 years. The term is the duration of your life insurance policy. The longer your term, the higher your annual cost of life insurance.

If you pass away during the term of your policy, the person you choose (your beneficiary) to receive y...
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Level Term Insurance for Seniors

Posted by hadley hadley on Friday, August 1, 2014, In : Life Insurance FAQ's 
What is level term insurance for seniors?

It's a type of life insurance that provides guaranteed coverage for a set period of time with rates that remain the same for the entire "term" of the policy.

Term life insurance may last for a period of 5, 10, 15, or 20 years for seniors, usually. So, the amount of life insurance you have and the rate you pay will remain level for the entire time (term) of your term life insurance policy.

The longer your term, the higher the rate charged for your life in...
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How to Buy Level Term Insurance?

Posted by hadley hadley on Friday, March 14, 2014, In : Life Insurance FAQ's 
I want to purchase level term life insurance, how do I get a policy?

Actually, if you want level term coverage there are plans available online where you can request a quote, apply for a policy, and start your life insurance today, if you are approved.

In fact, one highly-rated life insurance company offers people age 60 and under up to $350,000 of level term life insurance for terms of 10, 15, 20 or even 30 years, depending on your age and health.

You can request a free quote, and apply online ...
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What Does Guaranteed Level Term Life Insurance Mean?

Posted by hadley hadley on Friday, January 3, 2014, In : Life Insurance FAQ's 

Guaranteed level term life insurance is life insurance that is guaranteed not to go up in price, or down in death benefit, for the entire term of your life insurance policy.

For example, if you took out a guaranteed level term life insurance policy of $1,000,000 for a 26 year term at a rate of $80 per month at age 26, you would be paying the same premium annually at age 55 as you were at age 26.

If you passed away any time during those 30 years, your beneficiary would receive ...


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