A yearly premium for term insurance is the price you pay (premium) for your life insurance policy on an annual basis.

Term insurance is temporary life insurance coverage which is also known as term life insurance.

Term life policies may past for a duration (policy term) of 10, 15, 20, 25, 30, 35 or 40 years.

The longer your policy term, the higher your yearly premium for your life insurance coverage.

You can find out how much term insurance will cost by requesting free term life insurance quotes ...
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It depends on the type of life insurance policy you have.

There are a few different types of term life plans, including Level Term, Decreasing Term, and Annual renewable Term, among others.

Level term life insurance premiums remain the same for the entire duration of your policy term - for a period of 10, 15, 20, 25, 30, 35 or 40 years.

Decreasing term life policies have level premiums, but the amount of coverage provided by your life insurance policy decreases each year.

Annual renewable term li...
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Term life insurance, which provides temporary coverage lasting up to thirty years or more is good for several reasons.

1. Flexible – You can choose from 10, 15, 20, 25, 30, 35 or 40 years of coverage to meet your family’s specific need for life insurance.

2. Affordable – Term life is more affordable for 30 years or less of coverage than any other plan. Permanent life insurance can cost 5-10 times more than term insurance.

3. Easy to Understand – Term life is simple, you have coverage las...

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Yes, most term life insurance policies offer the insured the Option of Renewability.

A Renewable Term Insurance Policy means you may renew your coverage for an additional coverage term if you advise the insurance company by a specific date stated in your life insurance contract.

With term life you may select coverage lasting for a period of 10, 15, 20, 25 or 30 years, usually. Some life insurers do offer 35 or 40-year level term life plans.

However, when selecting to renew your coverage, your te...

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The best type of term life insurance policy will depend on your specific situation and need for protection.

However, the most popular type is level term life insurance because it offers affordable protection, and the premiums never increase during your policy term, while the amount of life insurance provided by the policy remains level throughout the life of your policy.

It's flexible, offering you the option of life insurance lasting for a period of 10, 15, 20, 25, 30, 35 or 40 years.

And, your...

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Term insurance is a type of life insurance that provides you with temporary coverage lasting for a specific period of time, usually up to 30 years.

If you die during your policy term, the death benefit is paid to your beneficiary.

If you are alive when the policy term ends your life insurance coverage expires and you are no longer insured - there is no payout of any benefits.

Level Term Life Insurance usually offers the most affordable life insurance coverage lasting for thirty years or less.

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What is long term life insurance?

It is a type of life insurance policy that provides temporary coverage for a prolonged period of time.

How long does long term life insurance coverage last?

The longest term of coverage available for term life insurance is usually 35 or 40 years.

However, not all insurers offer term life lasting for that long a period of time.

Usually, these plans are limited to healthy individuals who are age 45-50, or younger.

Long term life insurance locks-in your rate for many ...

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What is 40 year term insurance?

It's a type of life insurance policy that provides temporary coverage lasting for a duration of forty years.

Usually, the premiums remain level for the life of the policy, and the amount of life insurance provided never decreases.

If the insured passes away during the forty year term, the death benefit is paid out to the beneficiary of the policy.

If the insured is alive when the forty year term expires, the life insurance coverage ends with no payout.

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What is 40 year term insurance?

It's a type of life insurance policy that provides temporary coverage lasting for a duration of forty years.

Usually, the premiums remain level for the life of the policy, and the amount of life insurance provided never decreases.

If the insured passes away during the forty year term, the death benefit is paid out to the beneficiary of the policy.

If the insured is alive when the forty year term expires, the life insurance coverage ends with no payout.

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Can I buy term life insurance to protect my home mortgage loan?

Yes. In fact, many people buy term life insurance to pay off their home mortgage loan in case they die.

You can name your spouse, partner or family member (you choose) as beneficiary to receive the proceeds from your life insurance policy, and the beneficiary may use the money to pay off the remaining balance on the mortgage so they can remain in your home after you die.

You'll want to select a duration of coverage that matches the ...

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A term insurance policy is a type of life insurance plan that provides protection for a specific period of time.

It is also known as temporary coverage, because you may outlive the duration of your term life policy.

Usually, you may choose a policy term of 10, 15, 20, 25 or 30 years to meet your specific life insurance needs.

If you pass away while your life insurance coverage is In Force, the death benefit is paid out to your beneficiary.

If you outlive the duration of your coverage, there is n...

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What are term insurance rates?

A rate for term insurance is the price you pay per $1,000 of term life insurance coverage.

Your rate is based on your personal risk factors, including but not limited to your age, gender, health, tobacco use, occupation, hobbies and driving record.

The younger and healthier you are, the lower your rate for term insurance.

You can compare term insurance rates by visiting a life insurance website, filling out a quote request form, and instantly receiving your free ter...

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Can I get instant term life insurance quotes online?

Yes, you just visit a life insurance website, fill out the short Quote Request Form and click on the button to instantly see the lowest prices available from several of the leading life insurance carriers.

You can compare free, instant term life quotes for different amounts of coverage and for different durations of coverage.

Here's how to get term insurance instant quotes online today.

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Yes, if you have Renewable Term Life Insurance, then your coverage is guaranteed renewable.

You will not have to take a physical exam in order to qualify for your renewal policy.

However, your premium for the renewal coverage will be higher than your current policy, because it will be based on your age at time of renewal.

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Usually, term life insurance plans are available for a duration of up to 30 years.

Many insurers offer term life plans for a period of 10, 15, 20, 25 or 30 years of protection.

However, the maximum duration of term insurance may be limited based on your current age.

For example, a 70 year old may be able to get up to 15 years of term life coverage; whereas, a 30 year old may purchase up to 30 years of term insurance.

Learn more about how long term life insurance is good for.

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Can I buy a term life insurance policy without taking a medical exam?

Yes. And, you can compare no exam term life insurance quotes online by visiting a life insurance website and requesting your free quote.

Some insurers offer up to $500,000 of coverage with no exam, while one highly-rated insurer offers up to $2,000,000 of no exam life insurance coverage.

Here's how to get term insurance quotes with no medical check up.

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Term life insurance offers the most affordable life insurance protection, lasting for a period of up to thirty years.

You can purchase term life coverage on yourself, your spouse or partner, and on your children.

You may be able to add coverage for your children to your own term policy, through the process of adding a rider for child coverage, for which you pay an additional premium.

Learn more about buying term life insurance for your family.

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Are there any causes of death that are excluded by a term life insurance policy?

Yes, there are several exclusions in a term life policy, included but not limited to the following:

• Suicide if it occurs within the first two years you are insured (one year in some states).
  
• Illegal Activity.
  
• Dangerous Activity.
  
• Act of War.
  
• Aviation.

These are some of the more common types of exclusions that would be stated in an insurance contract providing term life insurance coverage.

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What are the limitations to term life insurance policies.

There are a few important limitations to term life, including:

• Duration of Coverage is usually limited to 30 years or less.
  
• You may outlive your term life insurance protection.
  
• Rates on term life increase if you choose to renew your term life insurance policy when it expires.
  
• Term life is pure protection, providing a death benefit, but no investment feature.
  

Learn more about term life insurance policy limitations.

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How can I shop for term life insurance?

Actually, it's easy to shop and compare term life plans and pricing online from among several of the leading life insurance carriers by visiting a life insurance website and requesting your free quotes.

It's simple, you just fill out a quote request form on a life insurance website and instantly see the lowest prices available from leading life insurers.

Then, you can review the coverage options and apply for a policy.

There are even no exam term life polic...

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What are Living Benefits for Term Insurance?

Living benefits of a life insurance policy are benefits provided to and obtained by those insured, while still alive.

It means you can access the benefits of your insurance plan before you die, instead of waiting for a payout on the policy after the insured person dies.

Living death benefits are an early payout of anticipated death benefits from a rider attached to an existing life insurance policy, or from a separate policy.

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Is there term life insurance you can buy for your family?

Yes. You can buy term life insurance policies and you and your spouse.

In addition, you can add your children to your own term life insurance coverage using a Child Rider endorsement that provides a minimal amount of coverage for each child.

Learn more about term insurance for your family.

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Can I buy a term life insurance policy online if I don't have an insurance agent?

Yes. In fact, some insurers allow you to buy direct life insurance over the internet, which you can apply for in about 15-20 minutes.

And, if you qualify for coverage, you my start your life insurance policy the same day.

These are called instant issue no exam term life insurance policies that offer healthy individuals a way to buy quick and easy life insurance protection online.

One highly-rated insurance provider ...

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Does term life insurance come with accidental death coverage?

Yes, it does include coverage for death resulting from an accident.

Term life covered death resulting from natural causes, illness and accidental death.

In addition, there is double indemnity coverage available which pays out twice the death benefit if the insured person dies from an accident.

Learn more about buying term life with accidental death insurance coverage.

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Can I buy term insurance for life?

Actually, term insurance is temporary life insurance coverage that lasts for a specific period fo time, usually up to thirty years.

You can choose a policy term (duration) of 10, 15, 20, 25 or 30 years of protection.

If you find you need life insurance beyond the expiration date of your term life policy, you may be able to renew your coverage for an additional term, usually of up to 10 years.

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Yes, term insurance is a good idea if you need life insurance to last for a period of thirty years or less.

Term life insurance provides the most affordable life insurance coverage lasting for 30 years or less.

You may choose a policy term of 10, 15, 20, 25 or 30 years to meet your specific needs.

The shorter your policy duration (term), the lower your cost per $1,000 of life insurance.

If you die during your policy term, the death benefit is paid out to your beneficiary.

If you outlive the policy...

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What is term insurance and how does it work?

Term insurance is temporary life insurance lasting for a specific period of time, usually up to 30 years.

Many insurers offer term life insurance plans for a duration of 10, 15, 20, 25 or 30 years of protection.

If the insured person dies during the policy term, the death benefit is paid out to the beneficiary of the life insurance policy.

If there insured person is alive when the policy term expires, there is no payout of any benefits, and the coverag...

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If you're shopping for life insurance you may be wondering about the differences between accidental death insurance and term life insurance.

Accidental death life insurance plans provide a death benefit if the insured person dies as a result of an accident without a specific timeframe of the accident.

Whereas, term life insurance pays out a death benefit if the insured person dies during the term (duration) of the policy, and if the death occurs as a result of natural causes, illness or an acci...

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Yes, in fact, some insurers even offer no exam term life insurance policies which qualified applicants may start today.

One insurer offers up to $2,000,000 of same-day coverage on term life insurance for healthy individuals between the ages of 20 to 60.

However, you may want to shop and compare term life plans to help you find the best price on a policy from the highest-rated insurance company.

Here's how to buy online term insurance plans today.

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How does life insurance compare to term insurance?

Life insurance is pays out a death benefit upon the passing of an insured person.

Whereas, term insurance is one type of life insurance, which provides temporary coverage usually lasting for a period of 30 years or less.

Some life insurance plans provide lifetime protection and build some cash value inside the policy; whereas, term insurance is pure death benefit protection with no cash value feature inside the policy.

Permanent (lifetime) life i...

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If you're shopping for a temporary life insurance plan you may be wondering who can buy term life insurance?

Well, it really comes down to just a few things:

1. People between the ages of 18 to 75.
   
2. Can You qualify for coverage based on your health?
   
3. Can you afford to pay the premiums.

If you are between 18 to 75 years old, qualify for coverage and can pay the premiums, you should be able to get term life insurance.

Learn more about who can get term life insurance plans.

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Can I get life insurance quotes for term insurance online?

Yes. Actually, most life insurance websites offer you the option to request free quotes for term life insurance coverage.

You can compare pricing on term insurance by visiting a life insurance website, filling out the questions asked on the quote request form, and clicking on the button to instantly see the lowest pricing available from a network of leading life insurance carriers.

It's quick and easy - it takes less than one minute to f...

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If you're shopping for a life insurance policy you may be wondering why people choose to buy term life insurance protection. It's actually very simple.

Term life is temporary coverage lasting for up to 30 years, and offers the lowest prices on life insurance.

So, if you need your life insurance protection for a period of 30 years or less, term life is the option for you.

Permanent life insurance provides lifetime protection, but costs up to 5-10 times more than the same amount of term life insu...

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If you're shopping for a term life insurance policy you may be wondering if you qualify based on your age.

There are certain age limits on term insurance plans which limit the length (duration) of coverage you may qualify to buy based on your age.

For example, while a 50 year old may be able to buy a 25 or 30 year term life plan, a 75 year old may be limited to 10 years of term life coverage.

Learn more about the age limits for term insurance policies.

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Yes, if you are over 65 years old you may qualify for term life insurance, which is temporary coverage lasting for a specific number of years.

Usually life insurers offer term insurance for a period of up to 30 years, but people over 65 may be limited to terms 5, 10 or 15 years of coverage.

Keep in mind, if you outlive the duration of your policy, your life insurance coverage ends.

Learn more about buying term insurance for people over 65 years old.

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Can seniors over 70 get term life insurance?

Yes, there are term life insurance policies available for seniors age seventy and over.

However, the length of coverage may be limited to 5 or 10 years, depending on your age and your health.

If you have health issues, there are guaranteed issue whole life insurance plans available for people ages 45 to 85.

Learn more about buying term life insurance for seniors over 70 years old.

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What is modified premium term insurance and how does it work?

Modified premium term life insurance is temporary life insurance protection that comes with premiums that change over time, on a regular basis.

Term life may provide coverage lasting for a period of up to thirty years, with options of 10, 15, 20, 25 or 30 year terms.

Modified term policies have premiums that change on a regular interval, usually every 5 or 10 years.

The change in your insurance premiums may increase or decrease each in...
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Do I have to take a physical exam in order to purchase a term life insurance policy?

That depends on your age and health, and the requirements of the insurance company.

Some reasons insurers require a physical may include:

• You are over age 30
  
• You need more than $50,000 of life insurance
  
• You smoke
  
• You have a pre-existing health condition
  

However, there are insurers that offer non medical life insurance policies, which means you won't have to take an exam to qualify for life insurance coverage.

Some li...
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Which insurance companies life insurance online with no medical testing required?

There are several highly-rated insurers now offering no test term insurance plan online with coverage available up to $1,000,000 for qualified applicants.

Some of the leading providers of online term insurance include Haven Life, Sagicor Life and Globe Life, among others.

Online term life plans offer you the option of purchasing your coverage direct online and starting your policy immediately upon approval - with n...
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What is life insurance for mortgages?

A term life insurance policy provides temporary life insurance protection for a specific duration, usually up to 30 years.

To protect your mortgage, you may want to choose a 15, 20, or 30 year term insurance policy to provide a death benefit to your family members should you pass away before your home mortgage loan is paid off.

The death benefit may be used to pay off the outstanding balance on your mortgage so your family members may remain in the home they...
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Term life insurance is a type of life insurance that provides temporary coverage for a specific number of years, usually for a period up to 30 years.

With term insurance, you select a term of coverage from 10, 15, 20 or 30 years.

If you pass away during your policy term, your beneficiary receives a payout of the death benefit from your term life policy.

If you outlive the term of your policy, there is no payout, and the coverage ends.

Term insurance is the lowest priced type of life insurance cov...
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Is it possible to get insured for life insurance without taking any physical examination?

Yes, there are simplified issue term life insurance policies available for healthy people that do not require you to take any health exam. These plans are usually available for healthy individuals age 60 and under.

Some no exam term life policies offer the option of applying online and starting your life insurance coverage that very same day. And, these plans usually come with a 30 day risk-free, money-bac...
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If you want to get your premiums back on a life insurance policy you would pay extra for return-of-premium term life insurance.

Premiums are higher on return of premium term life compared to regular term insurance policies. With regular term life coverage if you outlive the duration of your policy, then the coverage expires and there is no payout or refund of premiums.

However, with a return of premium term policy, if you outlive the coverage term, the insurer refunds the premi...
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How can I find an affordable short term life insurance policy?

If you're in need of short term protection for your family at an affordable price, then term life insurance is an option that makes sense.

With term life you'll get the maximum amount of life insurance for your money, and you can choose coverage for a duration (term) of 5, 10, 15, 20, 25 or 30 years from most insurance companies that offer term life.

When shopping for a policy make sure you know how much you can afford to spend each ...
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How can I get cheap term life insurance coverage?

To start, term insurance is cheaper than any other type of life insurance.

There are ways to lower the cost of your term life policy, including:

• Get healthy and lower your weight
  
• Quit smoking
  
• Compare pricing among several insurers
  
• Pay premiums annually instead of monthly
  
• Don't buy more life insurance than you need
  
• Purchase coverage sooner rather than later to lock-in the lowest rate
  

Here's some more tips for finding term insurance cheap.


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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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Can I buy a term life policy without taking a physical exam?

Yes, if you qualify for coverage (based on your age and health), you may be able to purchase a term policy online with no exam required.

In fact, one A++ rated insurer offers up to $1,000,000 of affordable term insurance with no exam (if you qualify).

You can even apply online and start your life insurance coverage today, if approved.

Learn how to buy term insurance no physical exam required.




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What affects the price you pay for term life insurance coverage?

Your cost of term life insurance will depend on the amount of life insurance you need and the length of your term (duration) of coverage.

In addition, your age and gender impacts your cost of coverage. Also, your personal risk factors affect your price including your lifestyle, health, occupation, hobbies, tobacco use, driving record,  and height-to-weight ratio, among other things.

The longer you are expected to live, the lower yo...
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Term coverage is also known as term life insurance which is temporary life insurance protection for a specific period of time.

When selecting a term policy you have the flexibility of choosing your coverage to last for a period of 10, 15, 20 or 30 years, usually.

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

With level term policies you pay the same amount of premium for your coverage each year for the entire duration of your life insurance.

And, the amount of life insura...
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How can seniors get term insurance quotes and what plans are available?

Seniors and people of almost any age can request free life insurance rate comparisons on the internet. 

Seniors can usually get up to 20 years of term life insurance, but that will depend on your age.

For example, term life plans are usually available for a term of 5, 10, 15, 20, 25 or 30 years.

However, people over 70 may find it difficult to get more than 10 or 15 years of term insurance coverage due to their age.

In addiito...
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I want to buy a term insurance policy; however, I am not sure how much life insurance coverage I need.

In order to figure out how much life insurance you need you can use a term insurance calculator which will have you answer some basic questions about your personal financial situation and your financial goals.

Once you complete the questions asked on the calculator, you just click a button and instantly receive an accurate estimate of your life insurance needs.

By using a needs calculator you c...
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I you own a term life insurance policy and it is about to expire, you may have any one of several options available.

You could choose to do any of the following:

• Let your life insurance coverage expire and go without life insurance if you no longer have a need for coverage.
• Renew your policy for another term, usually up to 10 years, with your renewal premium based on your age at the time you renew your policy.
• Choose to purchase a new life insurance policy from a different life insurance company....

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The characteristics of term life insurance coverage include temporary coverage, no cash value, and the life insurance policy expires if you outlive the duration of your term.

Term life insurance is temporary life insurance protection that usually lasts for a period of between 1 to 30 years.

Many term life policies are issued for a term of 10, 15, 20, or 30 years of coverage.

Term life insurance is pure life insurance protection, you pay only for the life insurance coverage, t...

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If I buy a term life insurance policy will the premiums for life insurance change over time?

Whether or not your life insurance premiums remain the same each year for the entire term period of your policy or increase over time will depend on the type of term life insurance policy you purchase.

Premiums for a term life policy may be either level or increasing over time.

Premiums can also be guaranteed in the life insurance policy to remain level for a specified number of years a...

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If you take out a term life insurance policy and you out live the term then you will need to be aware of your options:

1. Your Life Insurance Premiums Will Increase. If you are nearing the end of your term and you want to continue your life insurance, you will need to pay a higher premium.

2. You Can Apply for a New Term Life Insurance Policy. If you are healthy at the end of your term life policy buy you want to continue your life insurance coverage, you can apply for a new po...

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Term life is sometimes referred to as "temporary" life insurance because your coverage lasts for a specific period of time, it is not permanent.

Just like your auto or home insurance, term life is for a specific period of time. Most term life plans offer you the option of choosing your life insurance protection for a period (term) of 10, 15, 20 or 30 years. 

With a level term life insurance policy you would pay the same premium each year (or month), while the amount of life insurance you have r...
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What is instant issue term insurance?

It's temporary life insurance protection that allows you to start your life insurance coverage immediately.

Term insurance offers you low cost life insurance for a term of 10, 15, 20 or 30 years with level premiums each year for the life of your term life insurance policy.

Instant issue term life allows you to get a free quote, apply online and start your term life policy the same day, if you qualify for coverage.

Is there any health exam required?

No, there's...
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How can I get a low price on my term life insurance policy?


When it comes to shopping for term life at a low price, there are several tips that may help you to save some money on your coverage.

Some price saving tips include:

1. Compare term life insurance rates from multiple life insurance carriers.

2. Choose the length of "term" that meets your needs from 10 to 30 years.

3. Don't buy more life insurance than you really need.

4. Buy your life insurance policy at least 6 months before your next bir...
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Which term life insurance is best and what company offers the best rates?

Term insurance is short term life insurance for a period of 30 years or less.

You want to decide how long you need life insurance protection, and then choose the right term that m,sets your needs.

For instance, if you want life insurance protection for your family until the kids are grown and on their own, you may want a term of 15 or 20 years depending on the ages of your children.

Or, if you want life insurance to pay off...
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What determines the cost of a term life insurance policy?

The premium charged for term life insurance will depend on the amount of your life insurance coverage, and the length of time for your term.

The longer your term (duration of coverage), the higher your premium. And, the higher the amount of life insurance coverage, the more you pay for your term life policy.

In addition, your personal risk factors will impact the price you pay for your life insurance. These risk factors include your age, ...
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A 15 year term life insurance policy usually has the following features:

1. A set premium for 15 years.
   
2. A set death benefit for 15 years.
   
3. No cash value.
   
4. Only pays the death benefit if the insured person passes away during the 15 year term of the life insurance policy.
   

A 15 year term life policy may offer the option of renewing your coverage at the end of the term for an increase in premium.

Here's how you can learn more and compare 15 year term life insurance premiums toda...

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If you need a large amount of life insurance coverage for period of 30 years or less, Term life is more cost effective, at least in the short run, than Whole Life insurance.

While Whole Life builds up cash values inside the policy over time that can make it come out ahead of term life in the end, not everyone can afford the amount of life insurance coverage they need in a permanent life insurance policy.

Sometimes taking a combination of Term Life and Whole Life can be helpfu...

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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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When should I stop paying for my term life insurance policy? 

You stop paying for your term life coverage when you decide that you no longer need the life insurance protection and wish to stop it. 

You can either choose to provide written notice of cancelation to your life insurance company, which would help you to get any unused premiums refunded. Or, you can just let your life insurance policy lapse by discontinuing the premium payments.

You may want to stop paying for you...

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A term life insurance policy has a start date and an end date.

Many term life policies will offer renewal after the end of the guaranteed premium period; however, the rate increases are usually substantial, so it may cost a lot more than you were paying for your original term life insurance coverage.

If you are healthy and can qualify for a new life insurance policy, that might be a better option than renewing your expiring term life insurance.

If you have a permanent need fo...

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20 year term life insurance means that you have life insurance protection for a period of 20 years, and your rate will remain level for the entire duration of that 20 year term.

Also, the amount of life insurance protection stays the same each year for the 20 year period of time.

However, if you outlive the 20 year term, your life insurance policy expires and no death benefit is paid out on the policy. This is one reason term life insurance costs a lot less than permanent life insurance protect...
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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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You can have a term life insurance policy for as long as you want.

There is a term life plans available for a term of 10, 15, 20 or 30 years and when one term expires you can renew your policy, the only thing is that you don't get cash accumulation inside the policy over time, meaning you cannot take a loan out of a term life policy.

If you have a 20 year term policy for example and you renew your policy when the 20 years ends, you will have an annual renewable term life poli...

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Term insurance is short term life insurance protection for a specific period of time - usually lasting for a "term" of 10, 15, 20 or 30 years.

With term insurance, your premium remains the same each year for the duration of your term, so if you have a 10 year term life plan, you pay the same premium for 10 years.

The price you pay for your term insurance will vary by length of term, so a 10 year term policy will have lower annual premiums than a 20 year term policy, because your chances of surv...
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The amount you pay for your term life insurance policy will depend on the insurance carrier, and your own personal risk factors.

Each life insurance company has their own set of pricing guidelines and approach to underwriting risks for life insurance.

In addition, your personal risk factors affect the rate you pay for life insurance.

Risk factors may include your age and health, family health history, your occupation and hobbies, lifestyle, if you smoke or not, your height-to-weight ratio, drivi...
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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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If you need a large amount of life insurance coverage for a temporary period of time, Term life insurance is much more cost effective, at least in the short run, than Whole life insurance.

While Whole Life insurance builds up cash values inside the policy over time that can make it come out ahead of term in the end, not everyone can afford the amount of life insurance coverage they need in a permanent life insurance policy.

Sometimes purchasing a combination of Term life and ...

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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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Yes, term life insurance policies do expire.

For instance, if you have a 10 year term life insurance policy, and you outlive the 10 year term, the life insurance coverage spires, you are no longer insured.

However, renewable term life insurance plans will allow you to renew the policy for another term, which may be 1 year, or longer.

In addition, convertible term life insurance policies may allow you to convert the term life insurance coverage into a permanent life insurance policy before the te...
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There are a few basic types of term life insurance policies.

The most popular type is level term life insurance. Then there's decreasing term life which isn't sold by many insurers anymore.

And, there's return of premium term life insurance which returns almost all of the premiums you paid for your life insurance if you outlive the term (duration) of your term life insurance policy. 

Level term offers you rates that remain the same each year for the term of your policy, while your amount of life...
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When the term of a term life policy has ended, either:

1. The life insurance policy ends, which means there is no longer any life insurance coverage, or

2. The life insurance policy goes into an annually renewable term, unless

3. It has a rider or feature that enables it to enter a new level premium for a term of 5 or 10 years usually, at a higher price.

This new annually renewable premium is much higher than the original term life insurance premium was and can go up every year ...

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