What is a level premium term life insurance policy?

Answer When people are looking to purchase term life insurance, they can opt for a level term life policy. This insurance plan provides a consistent premium payment amount throughout the life of the polic... Read More »

Top Q&A For: What is a level premium term life insurance policy

What is a flat extra premium on a life insurance policy?

Flat extra premiums are fixed-dollar amounts added to life insurance costs to offset an increased risk posed by the insured person. In most cases, flat extra premiums are only temporary and get rem... Read More »

Is My Life Insurance Policy Premium Tax Deductible?

If you are an individual purchasing life insurance for yourself, the premiums for such an insurance would not be deductible in your personal tax filings. However, your life insurance premiums may b... Read More »

What is 10-Year Level Term Life Insurance?

Life insurance is a type of policy in which an insurance company agrees to pay a certain amount to a beneficiary of the insured after the insured's death. Ten-year level term life insurance is a sp... Read More »

What is a term life insurance policy?

A term life insurance policy provides financial protection for your family if you die during a specific period of time. For example, if you choose a five-year term and die within those five years, ... Read More »