Level Term Life Insurance Quotes

Level term life insurance quote.

Level term life insurance quotes. Instant answer term insurance instant answer term insurance provides 50 000 of death benefit protection until age 50 or a maximum 10 years whichever is longer. Find out your rate by using the quote calculator below. Your policy will be guaranteed level which means your monthly premium amount never changes. On average these terms are 5 10 15 20 and 30 years.

The premium rate for the policy stays the same or level for the entire life of the policy. For example a level term policy taken out for 25 years and 100 000 will always pay out that full sum if the policyholder dies within three years or 20 years. Level term life insurance provides physicians long term coverage at an affordable rate. Level term life insurance like all term policies lasts for a set period of time before it expires.

The word level is what s key in the definition. For example a 20 year level term policy in the amount of 1 000 000 00 will pay the beneficiaries the full million dollars if the insured person dies within twenty years. Term life insurance is the most affordable way to protect your family s financial. Level term life insurance is a fixed payment upon death for a fixed period.

It can give you peace of mind that your family would be secure if the worst happened. Level term life insurance also known as level term assurance is an insurance policy that pays out a lump sum if you die during the term. The average costs above were based on moneysupermarket customers looking for level term single life insurance only without critical illness cover and with critical illness cover included as an additional or a combined policy with a total cover amount between 150 000 and 200 000 for 10 20 years from january to december 2018. 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.

In plain english level term life is a term insurance policy that guarantees the premiums will stay the same for a specific term length. This coverage is designed to provide a base level of life insurance protection at an affordable price. It is basically a life insurance policy that is in effect for a set period of time usually 10 20 or 30 years and the death benefit stays unchanged level for that time. The death benefit also stays the same.

The easiest way to find the best life insurance and to receive a term life insurance quote is to let us shop more than 10 carriers for you in just minutes.