In most cases, inexpensive term life insurance policies that offer guaranteed level rates for the duration of the loan can be purchased to satisfy this requirement. (keypersoninsurance.com)
The «Term» is the period of time the life insurance provides guaranteed level rates for your coverage. (term-life-online.com)
They do not require an investment, and they work just like a traditional term life policy with level rates and fixed coverage until the age of your choosing. (termlifeadvice.com)