Affordable Life Insurance Protection for Your Family

Term Insurance for Life

Term Insurance Explained

 

Is There Term Insurance For Life?


Actually, term insurance is a type of life insurance policy that provides protection for a temporary period of time.

 

Usually, term life policies offer coverage up to a maximum duration of 30 years.

 

However, depending on your current age and current health, you may be able to select a "Policy Term" that provides protection for a period of 10, 15, 20, 25 or 30 years.

 

Renewable Term Insurance

 

If you need life insurance that continues after the end of your term life plan, you may choose to "Renew" your term policy for an additional term, usually up to 10 years.

 

If you choose to renew your coverage, the new term life policy will charge a higher annual premium, based on your age at the time you renew your policy.

 

Term insurance may provide coverage for life, if you happen to pass away during your policy term.

 

However, it does not guarantee lifetime protection, as you may outlive the duration of your life insurance coverage with a term policy.

 

 Term Insurance Quotes


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.


 

Term Insurance for Life

 


Disclosure: Compensated Affiliate