Are Term Life Insurance Rates Locked In?

That depends on the type of term life insurance plan.

There are several types of term life policies available.

However, not all term plans offer rates that are guaranteed to remain locked-in for an extended period of time (term).

Level term life insurance which is the most popular type of term policy has level premiums with rates that are guaranteed to remain the same for the entire duration of your policy term.

Learn more about term life insurance and locked in rates.