Term is typically the most affordable type of life insurance compared to permanent life insurance.
In this video I used a research tool we have that compares costs across the board. I compared term life insurance costs for a male and female at 30 years old with Preferred Non-Tobacco rating.
Term insurance is typically the most affordable. Term insurance "terminates" generally after 10, 20, or 30 years. You can also get a term life insurance policy with living benefits. That means if you have a chronic illness, critical illness, critical injury, and terminal illness, you can use the death benefit while you're alive.
Also depending on the carrier you have, you can convert that term life insurance to permanent life insurance without having to do any additional bloodwork.
If you would like a quote, please go here to get a free life insurance quote.
If you're an agent and would like access to a tool like this, contact me here.
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