Term Life Insurance is the generally considered the original, most simple and most affordable form of life insurance. As the name implies, Term Life Insurance is designed to insure for a specific term, usually 10, 15, 20 or 30 years, and provide affordable protection at a scheduled premium level. Term Life Insurance is often considered to be the least expensive way to purchase a substantial death benefit, based on a coverage amount per premium dollar basis.  Additionally, Term Life Insurance is the most popular type of life insurance available today. Generally, a person will choose a coverage level, a term and name a beneficiary as the person they want to receive the death benefit. If … [Read more...]