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What is meant by the term cost term life insurance?

Updated: 8/20/2019
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10y ago

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Term life insurance refers to a common category of life insurance in which fixed payments are offered for a limited time (or term). If the person dies outside of the term, they receive no payment.

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Q: What is meant by the term cost term life insurance?
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Related questions

How do you find good term life insurance?

Good term life insurance is insurance that meets your needs at the lowest possibe cost.


Where can one get low cost term life insurance in Canada?

One can get low cost term life insurance in Canada from the insurance company called State Farm. One can also get this form of insurance from Canada Life among others.


How much does a term life insurance quote cost?

Term life insurance is basically a basic cheap insurance plan. You have to be under 80 to easily get this insurance. Some companies quotes cost a small fee but others are free.


How much does 30 year term life insurance usually cost?

30 year term life insurance usually costs about $10,000


What kind of life insurance policy offers the option to surrender the insurance and regain some of the cost of the policy?

Term Life Insurance


Where can one get information on term life insurance?

You can get some good information on Term life insurance at the online Wikipedia. They give information on the Usage, annual renewable term, level term life insurance, payout likelihood and cost difference's, and references.


Should I look for affordable whole life insurance, or is it better to just buy a term life insurance policy?

Whole life insurance does come with several benefits. I would personally suggest term life insurance the the cost savings.


What is the major advantage of term life insurance over whole life insurance?

Cost. Other than that, there are no advantages. Whole life insurance lasts your whole life. It pays upon your death a predetermined amount. Once the designated term on term life expires, you have no more life insurance. Term will be significantly cheaper depending on your age.


Does Primerica Life Insurance Company have no lapse Universal life insurance policies?

Primerica sells term life insurance 100% of the time. They strongly stand by their product as term insurance provides the maximum coverage for the lowest cost.


How much is term life insurance?

The cost of term life insurance would depend greatly on certain factors such as age, health, habits, work. Each term life insurance company has many different plans with different rates.


What is the average cost of 25 year term insurance in Oregon?

http://www.termlifeamerica.com/ offers users quotes for term life insurance, including the average cost for a 25 year term in Oregon.


What should I know about comparing the cost of term life insurance online quotes?

You should find out about the coverage and specific terms of term life insurance online quotes.