Who Sells Term Life Insurance?

When you are talking about term life insurance you’re talking about temporary insurance that lasts for a set number of years. For instance, term life insurance policies may provide protection for a term of 10, 15, 20 or 30 years, usually.

Although there are a lot of companies that sell term life insurance policies, all terms are not the same as for overall coverage provided, and rates charged for your policy, as well as, when your full coverage begins.

Some of the main factors to consider include:

1. How long do you need the life insurance coverage - for how many years?

2. Does the life insurance policy automatically renew itself when your term ends, and if it does, what are the new rates going to be that the insurance company will charge you for your renewal term life policy?

3. If things change can you reduce the amount of your life insurance coverage to lower your premium?

4. Can your term life policy be converted to a permanent life insurance policy without new underwriting or a physical exam being required?

When shopping for a term life insurance policy always make sure to compare multiples life insurance quotes from several of the best life insurance companies before choosing your plan.

Here's how you can compare instant term life insurance rates online without any delays or hassles.