So you’re considering a level term life insurance policy? One of the major questions you should ask yourself is: how long of a term plan should you buy? And more importantly, what happens when the term expires?
Why Decreasing Term Insurance isn't Your Best Buy -- Level term life insurance gives you a particular amount of death benefit for a particular period of time, which is called the term. Decreasing term insurance works differently. Here is why it is usually not your best buy: (Read more)
3 Myths About Decreasing Term Life Insurance -- Mortgage Insurance, which is also known as decreasing Term Life, is sometimes required if your down payment amount is below a certain percentage of your loan. If mortgage insurance is not required, should you get a decreasing term life insurance policy or would a level term insurance policy be better for your beneficiaries? Consider these 3 myths you may have been told: (Read more)