Life Insurance Types | Buying Life Insurance | Understanding Life Insurance | Glossary
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What kind of life insurance do you need?

Level Term Life Insurance

Level term insurance offers affordable life insurance coverage with the added benefit of premiums that remain the same for a specified term. Traditional term life policies have premiums that can fluctuate wildly, making it almost impossible to budget for life insurance expenses. Level term life corrects this problem by guaranteeing stable premiums for a certain amount of time. When you request a level term life insurance quote, you will see policies that are affordable, consistent, and generous in their death benefits.

How Level Term Life Insurance Works

Term level life insurance confers all the benefits of a traditional term policy, including a tax-free death benefit and reasonable premiums. Additionally, providers that issue insurance level life term policies guarantee set, stagnant premiums for a certain time period. For example, if you choose a 20-year level term insurance policy, you will pay the same premiums every year for 20 years. Your rates will neither increase nor decrease during the policy's term. After the 20-year term is up, you will likely have the option to renew without proof of good health but at substantially higher premiums.

Who Should Get a Level Term Life Insurance Quote?

If you want all of the perks of a term life policy without the unpredictability of the premiums, you should request a level term life insurance quote now. You will be able to see how level term insurance premiums compare to those of regular term life policies. Keep in mind that level term life is not available in all states, which is why we request your ZIP code when retrieving your free quotes. To sum up, you should request a level premium term life insurance quote if:

  • You need substantial protection at a limited cost
  • Your budget requires consistency in premiums
  • Your need for coverage is temporary
  • You have large financial obligations, such as a home or student loan, that require ample life insurance protection

Level Term Insurance for Business Owners

Remember that term level life insurance is not just for individuals; business owners can often benefit from such a policy as well. If you are a business owner with outstanding debts, you might take out a level premium term life insurance policy to protect your partners and company shareholders from financial burden if you die. Business owners can request a free level term life insurance quote on our site at any time and with no obligations.