Why Is Term Life Insurance The Best Type?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Term Life Insurance is not the best type of life insurance for every situation. We get regular calls from people who thought they would only need life insurance for a temporary period of time. However, now they are thinking ahead to their final years, and worried about where the money will come from to bury them. If the need is not permanent, however,Term Life Insurance is best for its relatively low price tag.
    Answered on September 17, 2013
    flag this answer
  2. 10968 POINTS
    Tim Wilhoit
    Owner, Your Friend 4 Life, Brentwood TN
    I can't say term life insurance is the best type of life insurance. It really depends on a person's unique situation as to which type of life insurance is the best. Term life fills a specific need such as to create an instant estate at the untimely death of a primary wage earner or stay at home mother to replace income, payoff debt or educate children. I recommend meeting with an experienced independent life insurance broker to not only shop the market for you but determine which life insurance product you need to solve your unique issues.
    Answered on July 6, 2014
    flag this answer
    3. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>