What are life insurance riders? Life insurance riders are additional coverage that can be attached to an application for term or permanent plans of insurance. The life insurance riders will typically have an additional premium charge. Although, some life insurance riders are included on the base policy with no additional premium. Examples of life insurance riders There are a multitude of.. More
What is the term life conversion option? The term life conversion option is a feature available with many term policies. In general, while the policy is in force you may surrender it for a new policy provided: You request conversion in writing prior to the conversion date shown in the policy specifications You are not.. More
What is Level Term Life? Level term life insurance is simply a life insurance policy that guarantees a level premium for a given period of years. Level term life insurance has become much more common than the once popular annual renewable term life. Annual renewable term plans typically begin with a smaller premium but quickly.. More
What is Term Life Insurance? By definition term life insurance is simply a policy that provides a death benefit with a fixed rate of premiums for a limited period of time. Once the period of the term has expired you may then have the option to renew the policy for another period of time or.. More
