Term life insurance is a type of life insurance that provides coverage for a specific period of time, or term, typically 10, 20, or 30 years. Term life insurance policies do not have a savings component, and the premiums are generally lower than those for whole life insurance. Continue Reading Below
Term life insurance is a type of life insurance that provides coverage for a specific period of time, or term, typically 10, 20, or 30 years. Term life insurance policies do not have a savings component, and the premiums are generally lower than those for whole life insurance.