Sunday, June 30, 2019

Death Benefit Only Life Insurance


What is death benefit only life insurance?

It's a type of life insurance that only provides a death benefit, but no cash value/investment feature.

Term life is DBO life insurance, because it is pure protection with no cash value, only a death benefit.

Term life offers protection for a duration of 10, 15, 20, 25 or 30 years.

The shorter your policy term, the lower your annual cost of coverage.

Here's how to learn more about death benefit only life insurance policies.

No comments:

Post a Comment