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Term Life Insurance / Level Term Insurance

With a level term insurance policy (also called "straight" policy), both the death benefit and the premium are fixed for the length of the policy, usually 10 or 20 years. With raising insurance costs, lever insurance has the advantage that you lock in a certain rate for the period of the policy. The policy’s disadvantage is that rates will soar if you decide to renew with another level policy.

 

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American Life Direct American Life Direct is revolutionizing the way people buy life insurance. We offer instant-issue life insurance that can be purchased online in just 10 minutes. There’s no medical exam.
 
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