If you need term life insurance protection you may be wondering which type of term life is best.

There are a few different types of term life plans to choose from including Level Term, Decreasing Term, and Annually Renewable Term, among others.

These plans vary in pricing and coverage, but the most popular type of term policy by far is Level Term life insurance because it offers premiums that never increase during your policy term, and your coverage amount never decreases during your policy term.

In addition, there are term life plans available without any health exam required, but the rates are usually higher than policies that require you to take a physical exam.

Learn more about which term life insurance policy is best.