Learn about Life Insurance and How to Get Affordable Protection for Your Loved Ones.
Sunday, March 10, 2019
Life Insurance for a Specific Period of Time
Is there life insurance I can buy that will last for a specific period of time?
Yes, it's called temporary life insurance, also known as term life insurance, which provides protection lasting for a specific number of years.
Most term life plans offer coverage you can choose to last for a term (duration) of 10, 15, 20 or 30 years.
The longer your policy "term", the higher your annual premium for insurance.
However, the length of term may be shorter for seniors. For example, a person age sixty may be limited to a term of 20 years, or less.
Here's how to learn more about getting a life insurance policy for a specific period of time.
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