Affordable Life Insurance Protection for Your Family

Declining Term Insurance

What is Declining Term Insurance?

Declining Term Life Insurance provides you with a decreasing amount of life insurance coverage each year, while your insurance premiums remain the level for the entire term of your policy.

Decreasing term insurance is usually used to provide life insurance protection for your outstanding mortgage, also called mortgage payment protection insurance.

Or, you can use decreasing term insurance to provide protection for other items whose costs decrease over time.

Declining term insurance is considered the most effective way to provide protection for your home mortgage.

However, make sure to compare rates for Level Term Life Insurance if you are considering Decreasing term coverage.


Top Pick – JRC Insurance Group

JRC Insurance Group helps you shop, compare and save on life insurance. Regardless of your age or health background, we'll shop our 40+ insurance companies and find you affordable life insurance you need to protect your family and fit your budget. Compare the best life insurance rates for savings up to 73%. Get Your FREE Quote.


Highly Recommended – Globe Life Insurance

$1* Buys $100,000 Globe Life Insurance for Adults or Children

  • No Medical Exam - Simple Application.
  • No Waiting. Buy Direct.
  • Rates as Low as $3.49 per month.
  • Join 4.2 Million Policyholders.
  • No Phone Required. No Credit Required.
  • No Agent Involved.


Declining Term Insurance

 


Disclosure: Compensated Affiliate