This is because most of them have a fairly high minimum deposit requirement, as well as having average terms of between seven and 10 years. (bestratesin.com)
The point is: term life insurance can be adjusted to fit most budgets and, fun fact, on average term life insurance costs less than the monthly phone or cable bill. (quotacy.com)
Many banks will offer borrowers the choice between fixed or variable interest rates, with average terms from five to 25 years. (valuepenguin.com)