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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There are several types of life insurance to choose from when buying your term life policy.

As for which is good for your needs it will depend on what you are trying to accomplish with your life insurance.

The basic types of term life plans are Level Term, Decreasing Term, and Return of premium term life insurance.

Renewable term life is an option you can add to your policy that allows you to renew your current term life insurance plan for another 10 year term without having to take a health ex...
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