Term Life Insurance: A Low Cost Life Insurance Option
Thursday September 2, 2004
Need low cost life insurance? Take a look at the budget friendly option of term life insurance. Term life insurance premiums are generally much cheaper than cash-value policies (universal and whole), especially if you are young and in good health and a low cost term life insurance policy does exactly what you expect it to do by covering your beneficiaries if you die.
Comments
Good advice, Bobbie. I don’t think most consumers understand that term insurance premiums increase dramatically as they age. Once the level term premium is over,the rates will rise.
Thank You for the info Bobbie. These plans are great and becoming increasingly popular. I always mention the term life insurance options to my clients.