articles

Term life insurance is good for a certain period of time. This can be anywhere from one year to 30 years. If the policyholder dies during the term, the beneficiaries of the term life insurance policy receive a payout kno... More »

Term life insurance pays a death benefit to an insured’s beneficiaries if the insured dies while the policy is in force. The term and dollar amount of coverage are determined at the inception of the policy, and premiums ... More »

Term life insurance covers an individual over a specific period of time at a fixed rate of payment in case of death. When the term ends, coverage is terminated unless the policy is renewed or replaced by a new policy. More »

similar articles

Term life insurance covers an individual over a specific period of time at a fixed rate of payment in case of death. When the term ends, coverage is terminated unless the policy is renewed or replaced by a new policy. More »

Term life insurance is temporary coverage with premiums that increase at predetermined intervals, while whole life insurance is permanent protection with level premiums and living benefits, such as cash-value accumulatio... More »

Most insurance policies, including permanent and term life policies, are available to people who are 62 years and older. However, all insurance companies have an age limit after which seniors do not qualify for life term... More »

Unum offers term life insurance, whole life insurance and universal life insurance. Term life insurance provides coverage for only a specific period, whole life insurance is coverage that is consistent through retirement... More »