What is long term life insurance?
It is a type of life insurance policy that provides temporary coverage for a prolonged period of time.
How long does long term life insurance coverage last?
The longest term of coverage available for term life insurance is usually 35 or 40 years.
However, not all insurers offer term life lasting for that long a period of time.
Usually, these plans are limited to healthy individuals who are age 45-50, or younger.
Long term life insurance locks-in your rate for many years and the amount of life insurance never decreases during the life of your policy.
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