Can I Afford Term Life Insurance?

Term life insurance has become very popular with consumers in recent years because life insurance premiums for new policyholders have dropped to all-time lows.

Most life insurance companies allow you to pay on a monthly, quarterly, semi-annual or annual basis, so whether you’re a pay-all-at-once kind of person or you enjoy spreading your premium payments out each month, payment flexibility definitely makes term life insurance even easier for you to afford.

Permanent life insurance usually costs two to three times more than the same amount of term life insurance coverage because term life is temporary and provides pure life insurance protection with no investment feature.

Term life is the most affordable type of life insurance available providing coverage for a period of 30 years or less.

Here’s how you can compare instant term life insurance quotes right now to help you find the most affordable life insurance company.