Shopping for term life insurance? If you might not be sure which length policy to get, 10 year term life insurance might be a good fit. A 10 year level term life insurance policy could potentially help ensure for your beneficiaries that they may be taken care of in the tragic event of your passing. No matter how many dependents you have, a 10 year term life policy could potentially help protect them all is you were to die.
So how does a 10 year level term life insurance policy work? It may cover both a variety of expenses your beneficiaries could face if you were no longer there. These expenses may include things like credit card statements, health care bills, mortgage payments, and burial expenses. With a 10 year level term life insurance policy, there could potentially be a little comfort from the knowledge that the beneficiaries covered could be helped financially if you were to pass away.
The 10 year life insurance coverage is what is known as a type of term level life insurance. Term life insurance has coverage for a set time period, while permanent or whole life insurance gives you coverage for your entire life. Because of the differences in time periods, term life insurance generally costs less money than whole life insurance.
If a 10 year life insurance policy is not what you are looking for, there are other life insurance terms out there, including 20 years and in some cases, even a 30 year term.
So fill out our free online term life insurance quote form to get a free, no-obligation quote.