Term Life Insurance Things to Know

If you're considering the purchase of a term life insurance policy, there are some things you should probably know before making your purchase.

For instance, did you know that term life is temporary life insurance? That's right. Which means, you may outlive the duration of your life insurance policy.

And, term life offers several different "term" options so you can choose coverage to meet your specific needs; for example, coverage for a term of 10, 15, 20, 25 or 30 years.

The longer your policy term, the higher your annual cost of term life insurance.

Learn more things to know about term life insurance coverage.