Conversion — Most
level term life insurance policies now offer the option to convert your term policy into a permanent policy without a health exam or any medical questions.
Not exact matches
While most
term life insurance is temporary, there are
now policies that have
level term «like» rates with lifetime guarantees.
These
policies were very popular 10 - 15 years ago; however,
level term life insurance is
now generally more competitive.
Most agents are
now selling
level term life insurance policies to clients looking for mortgage protection.
Now, premiums usually remain
level throughout this
term, meaning the price of your
life insurance policy will not go up until the
term period expires.
Most people
now opt for traditional
level term life insurance policies that coincide with their mortgage loan repayment schedule.