What would you like to do?

What do you mean by the term life insurance?

already exists.

Would you like to merge this question into it?

already exists as an alternate of this question.

Would you like to make it the primary and merge this question into it?

exists and is an alternate of .

Term life insurance is a form of temporary life insurance that provides coverage for a specific number of years. Term life insurance is available for 1-40 years, depending on your health and age. Term life insurance is usually purchased for 1, 15, 20 or 30 years. Term life insurance builds no cash value within the policy. Term life insurance is "Pure Protection". You pay only for the life insurance. If you outlive your policy term, the coverage expires. Level term life insurance is the most common form of term life insurance. Level term offers premiums and coverage amount that remain the same each year for the entire term of your policy.
Thanks for the feedback!

Is term life insurance permanent life insurance?

Nope. Term and Permanent (whole life) are two different types. Term only lasts for a 'term'. Term life insurance provides a set amount of coverage for a specified term. Once t

What is term life insurance?

 Term life insurance is the simplest, and usually the cheapest, form of life insurance. Term life insurance provides protection for a specific period of time. It pays a ben

Can you cash in term life insurance?

No you canNOT cash in term life insurance. It has no additional value beyond the death benefit.

What is the difference between life insurance and term life insurance?

Life insurance is a more general concept that may refer to either whole life insurance or term life insurance. Whole life insurance gathers value the longer you have it, where

What is long term life insurance?

Long term life insurance refers to a term life insurance policy that is in effect for a long period of time, usually 15, 20 or 30 years.   Term life insurance provides life

How do you sell term life insurance?

This can be answered in many different ways, but I will try to wrap it up into one post. Term LI appeals to people who may be on a budget, who have younger children, a new mor

Can you cash out term life insurance?

If you have a permanent type of policy such as whole life or universal life there may be some cash value to recover.If it is a term insurance policy there is no cash value so

What are term life insurance rates?

Term life insurance rate varies by the company you are getting life insurance from. Some insurance rates will vary from pretty cheap to pretty expensive. It is important to de

Whole life insurance Vs term life insurance?

Whole life insurance is the most expensive type of life insurance. The advantages of a whole life insurance policy include guaranteed death benefits, guaranteed cash values, f

What does fmo mean in insurance terms?

FMO stands for Field Marketing Organization. They are an extension of an insurance carrier designed to distribute their products and in some cases, other carriers products.

What is level term life insurance?

Term life insurance is the cheapest form of insurance, it insures you for a fixed number of years and the rates do not change. It is the best thing a person can do for themsel

What is term life insurance and how does it work?

Let me explain with an example. Person A goes to insurer B and agrees to pay a premium of Rs. 10,000/- every year for the next 25 years and B offers an insurance policy wort

Is term life insurance right for you?

It is difficult to answer this question for you without knowing your background. Term life insurance is popular because of its low premiums and high death benefits. Types of L

What is term life insurance used for?

Term life insurance is generally used to cover short-term debts, provide additional protection during child raising, help provide the family's loss of income, and provide long