When comparing term life insurance policies there are several features to consider:
1. How much is the premium and how long is it guaranteed to stay the same?
2. How much life insurance coverage is provided and how long is it guaranteed to stay the same?
3. Does full coverage start immediately?
4. Is the term life insurance policy convertible to permanent life insurance without evidence of
insurability, and for how long?
5. What is the financial strength rating of the life insurance company?
6. What endorsements are available to add additional coverage to your term life insurance policy and how much will they cost?
7. Is a medical exam required to qualify for the term life insurance?
Here's how you can learn more about a term life insurance policy and compare rates online.
