‘What is term life insurance?’ is an important question to ask before assessing the benefits of term plans. Term life insurance – also known as ‘term insurance’ – is a life insurance contract that exists for a limited period or up to a specified age (typically below 100). It is also known as ‘pure’ life [...]
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File: May 2010
When most people look for life insurance, they will be best served by term life insurance as it is relatively inexpensive and will cover your needs. Term life insurance is a policy that will cover you against death for a predetermined number of years. Usually the terms are in increments of five – so you [...]