Term life insurance is one of the best types of life insurance coverage we can recommend to anyone considering life insurance protection. Out of the three main types of life insurance coverage, which include term, universal and whole life, term insurance is the most affordable. Most life insurance companies offer term life insurance lengths up to 30
Most people are unaware of the option to purchase additional coverage for their life insurance coverage by utilizing policy riders. A life insurance policy rider is basically a form of supplemental coverage, in addition to the death benefit coverage. A life insurance policy in itself is a contract between you and the life insurance company.
Return of premium term life insurance or ROP for short is your traditional term life insurance coverage with an attached policy rider. The rider is the return of premium feature that guarantees to refund all your money back to you at the end of the life insurance contract. Return of premium term life insurance generally comes in
Life insurance coverage is often purchased with the intentions to provide money for your family in the event you pass away. The tax free death benefit from a life insurance policy can provide your family with the income needed to continue their same lifestyle of living. If life insurance coverage can provide an income after