It's a type of life insurance policy that provides temporary coverage for a period of 20 years, as long as you pay the premiums.
Your life insurance premium and amount of coverage remain the same each year for the entire 20 year term. It may also be called 20 year level term life insurance.
Many people choose 20 year fixed term life insurance to provide coverage to pay off their mortgage, car loan, credit card debt, or provide money for the child's education, among other things.
20 year fixed term offers you the opportunity to purchase the most life insurance protection at the lowest cost.
If you outlive the 20 year term of your policy the coverage expires.
If you are ready, you can request your free, instant term life insurance quotes from over 70 top-rated life insurers offering you savings up to 75%.
Insurance without any Medical Exam,
Just a Few Health Questions.
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