Wednesday, May 26, 2010

What is a 30 year guaranteed term life insurance?

What is difference between 10 year, 20 year or 30 year term life insurance?

"30 year guaranteed term life insurance" is life insurance that you are allowed to keep (or renew) for up to 30 years with (usually) no increase in premiums.

Ten or 20 year guaranteed term life insurance policies may end after that number of years, or have a massive increase in the premiums.

Level term life insurance plans usually offer guaranteed level rates and amounts of life insurance coverage for the entire term of your policy - 10, 15, 20, or 30 years.

Here's how to compare 30 year term life insurance rates from several highly-rated life insurance companies with no obligation.

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