What is Level Term Life Insurance?

Level term life insurance is the most affordable type of life insurance coverage.

Term life insurance is temporary coverage for a period of up to 30 years.

Level term is term life insurance with level premiums for the entire duration of your policy term.

So, if you have a 20 year level term policy you'll pay the same amount for your coverage for 20 years.

And, your amount of life insurance protection stays level each year; whereas, some life insurance policies may have a declining amount of life insurance coverage over time.

With level term life insurance you can choose coverage for a term of 10, 15, 20 or 30 years and you'll get the most life insurance protection for your money.

Many people on a budget, young families, and those with temporary financial obligations; such as, home owners choose to buy term life insurance with level premiums.