What is convertible term life insurance?

Answer Term life insurance policies only provide coverage for a limited period of time; however, some term life policies are convertible, giving you more security as your insurance needs change.Definition... Read More »

Top Q&A For: What is convertible term life insurance

What is the difference in whole life insurance&term life insurance?

Life insurance pays a defined benefit amount when the policyholder dies. Term life insurance pays if the death occurs during the term of the policy--a predetermined number of years. Whole life insu... Read More »

Can you switch from whole life to term life insurance?

It is possible to switch from whole life to term life insurance. Whenever you change your life insurance policy, you may increase the amount you pay. New health issues or age may influence the eval... Read More »

How to Buy Term Life Insurance?

When debating what type of life insurance to purchase, you may consider term life insurance. This type of insurance is pure insurance coverage, as opposed to whole life insurance, which is insuranc... Read More »

How much term life insurance should you have?

Term life insurance is something you would normally purchase to protect an investment such as a home or business. In case of your death while you are still making the payments on a mortgage or a la... Read More »