Level Term Life Insurance at Life

Level Term Life Insurance. Coverage typically lasts for 10 to 30 years. Those looking to protect their family’s finances by covering living expenses or replacing lost income may opt for a level term life insurance policy.

A level term policy may be renewable at the end of the policy term period for a highly increased. What is level term life insurance? Level term life insurance is a type of cover you take out to help your loved ones cope financially when you pass away.

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The death benefit remains level, or the same, throughout the coverage period. 25 years) and the amount of cover (e.g. This means that no matter what your premiums are when you get approved for your policy, it will stay the same until the end of the term. Level term life insurance is the product of choice for many individuals and families who require a lot of coverage at very affordable rates.