Life insurance provides a sense of security when it comes to coping with the loss of a loved one. There are several different types of life insurance. How is term life insurance defined? Simply put, the premium and the face amount (also called the death benefit) will not change in a guaranteed level term policy. (Read more)

1. lif enet insurance.com http://www.lifenetinsurance.com/blog-0/bid/50283/Term-Life-Insurance-Security
Posted by Lenny Robbins on Fri, Nov 12, 2010 @ 06:53 AM
Term Life Insurance Security
Lif e insurance provides a sense of security when it comes to coping with the loss of a loved one. There are
several dif f erent types of lif e insurance.
How is term lif e insurance def ined? Simply put, the premium and the f ace amount (also called the death
benef it) will not change in a guaranteed level term policy.
As the term nears the end of the specif ied time period, there are several options available. The insured may
end the policy, have conversion options (convert the policy to a permanent policy) or replace it with a new term
policy. Your objectives and your budget will determine which is your best option.
If you are nearing the end of the level term period of a policy and don't know what makes the most sense f or
you, call an independent agent and ask f or assistance.