Term Insurance

A type of life insurance policy that is not whole life or written to cover the whole remainder of the insured's lifetime, but instead is written to cover only a period of time. Often that period of time is a set number of years, such as 10, 20 or 30 years. At other times, the policy is written for a term that expires at a specified age, for example, when the insured turns 65. This is the most inexpensive form of life insurance.

 

For current rates on 30 year term life policies. See how much life insurance you can buy for $1 a day.