What is a term life insurance policy?

Answer 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 »

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

What is a true term life insurance policy?

A true term life insurance policy pays a death benefit to a beneficiary if the insured person dies during the finite period when the policy is in effect.Term of CoverageTerm life insurance is commo... Read More »

What is a level premium term life insurance policy?

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 »

Short-Term Life Insurance Policy?

Life insurance policies pay out money in intervals or as a lump sum in the event that the beneficiary dies or suffers from an illness that seriously impacts his life. Some individuals choose term l... Read More »

Can you borrow against a term life insurance policy?

Life insurance is a necessary part of your overall financial picture that can give you and your loved ones security. There are several kinds of life insurance, but the two main classifications are ... Read More »