Showing Tag: "policy term" (Show all posts)

Term Life Insurance Years?

Posted by hadley hadley on Thursday, December 30, 2021, In : Life Insurance FAQ's 


How many years does term life insurance last?

Usually, term life policies offer coverage up to thirty years, depending on your age.

However, you may be able to choose a Policy Term lasting for a duration of 10, 15, 20, 25 or 30 years to meet your specific life insurance needs.

The longer your Policy Term, the higher your annual cost of life insurance coverage.

If you outlive the duration of your term life policy, your life insurance coverage ends with no payout.

If you pass away while your term li...


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Life Insurance Policy Term Plan?

Posted by hadley hadley on Thursday, March 21, 2019, In : Life Insurance FAQ's 


What is a term plan for life insurance coverage?

It's a type of life insurance policy that provides protection for a specific number of years.

These plans usually offer a "term" (duration) of coverage that lasts for up to 30 years.

You may select a term of 10, 15, 20, 25 or 30 years of coverage, depending on your age.

The longer your policy "term", the higher your annual cost of insurance.

Term life plans offers the most affordable type of life insurance, and the flexibility to choose how long you...


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