What is a true term life insurance policy?

Answer 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 »

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

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 »

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 »

The Whole Life Single Term Insurance Policy?

There are two major types of life insurance policies: whole life insurance and term life insurance. The primary difference between the two is that whole life insurance can be utilized as a savings ... Read More »