Most insurers only offer decreasing term insurance policies, in which the death benefit becomes smaller over time, because financial obligations tend to decrease with age. (valuepenguin.com)
Let's say you purchase a 5 - year decreasing term insurance policy with a payout of $ 10,000 during the first year. (compuquotes.com)
Most insurers only offer decreasing term insurance policies, in which the death benefit becomes smaller over time, because financial obligations tend to decrease with age. (valuepenguin.com)