What is term life?

Answer Term life is a life insurance product offering designed to offer life insurance to individuals at a greatly reduced rate for a specific amount of time, or term. Term life policies will have a term ... Read More »

Top Q&A For: What is term life

How to Convert Variable Universal Life to Term Life?

Variable universal life is a form of life insurance that combines many features of whole, variable and universal life policies. These features include flexibility of premium, investment control of ... Read More »

Can variable universal life be converted to term life?

Variable universal life insurance policies cannot be converted into term insurance products. The process of conversion within the life insurance industry refers to the exact opposite situation, cha... Read More »

How to Transfer a Term Life to a Whole Life Policy?

Life insurance comes in different types of policies. The most common are a term policy and whole life policies. If you have a term life insurance policy, you can convert it to a whole life policy f... 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 »