Term life insurance is popular for those seeking affordable, temporary life insurance coverage. However, as life evolves, your insurance needs may change. Fortunately, most term life insurance policies offer a conversion option, allowing you to switch to a permanent life insurance policy without undergoing a medical exam. This feature provides significant flexibility, ensuring your coverage […]
Author: termlyfe
Understanding Term Life Insurance
Term life insurance is one of the most straightforward and affordable forms of life insurance. It provides coverage for a specified period, called the “term,” and pays a death benefit to beneficiaries if the insured passes away during this time. Term policies offer a level premium, meaning the cost remains fixed throughout the term length. […]