20 Year Term Life Insurance

Posted on March 16, 2009 in: Inner Workings

The 20 year term life insurance policy is one of the most popular life insurance policies. The 20 year term life insurance is temporary life insurance protection. You generally pay a level premium for the first 10 years. The premium increases starting in year 11 and remains level for the balance of the 20 year [...]

When is Term Life a Better Bet Over Whole Life?

Posted on March 11, 2009 in: Buying Life Insurance

Term life insurance is the simplest in structure and favored by most people today because of cost. Term life insurance provides coverage for a specific period or term. It is sometimes referred to as temporary insurance. The policy pays cash benefits to the beneficiary if death occurs within the specified period or term. Term insurance [...]

Term Life Insurance

Posted on March 6, 2009 in: Inner Workings, Life Insurance Basics

A life insurance policy is a promise by an insurance company to pay the beneficiary a specific amount of money when the insured die in exchange for timely payment of premiums. Life insurance companies generally offer two basic types of policies – term life and permanent life. Term life is the simplest in structure and [...]