If the term ends on your life insurance policy, generally, the policy will simply expire and you don’t need to do anything. However, your insurer may allow you to renew it for another term, or to convert part or all of the term policy into a permanent policy. You’ll need to check...
Term life insurance is the most basic form of life insurance. It is designed to provide affordable death protection for the short term and pays a benefit only if you die. There are many different types of term insurance with level term life insurance bei
定额定期寿险「Level Term」:定额寿险应该说是最常见的定期寿险产品,为投保人在一定期限内提供寿险保障,这个期限可以是5、10、20年或者更长。保险费用根据投保人投保时的年龄、性别和健康状况等因素核算。保险公司一般会在保单起始的初期收取高于寿险成本的保费,以此确保期限内的保费固定。 每年续保的定期寿险「Annual R...
Permanent life insurance provides coverage for as long as you’re alive, regardless of age or health status. Term life insurance covers you only for a specific period, known as a term, such as 10, 20 or 30 years. As you age, term insurance may be more challenging to qualify for and m...
If you’ve heard of a “whole life” policy, that’s one type of permanent insurance. There are also universal, variable, and indexed policies. And not all term life insurance is the same. So before you can determine what type of policy is best for you, it’s important to understand ...
Benefits of Term Life Insurance Term life insurance is attractive toyoung people with children. Parents can obtain substantial coverage for a low cost, and if the insured dies while the policy is in effect, the family can rely on the death benefit to replace lost income. ...
When you make the decision to purchase life insurance, you want to be sure you get the best policy for your needs. In many cases, this may be a term life insurance policy. Here is a look at what term life insurance is, and some of its benefits. And be sure to compare policiesusing...
Please contact your benefits administrator or MetLife for costs and complete details. MetLife Group Term Life insurance is issued by Metropolitan Life Insurance Company, 200 Park Avenue, New York, NY 10166 under Policy Form GPN99/G2130-S....
Term life insurance is temporary, covering you for a fixed period of time, while whole life usually lasts a lifetime. Learn more now.
Term life insuranceoffers specific benefits and drawbacks that can influence your decision when choosing a policy. Here are the key advantages and disadvantages of term life insurance to consider when searching for thebest life insurance: Pros of term life insurance ...