What Is Term Life Insurance

Posted by on April 21st, 2008 at 08:39pm

wrote an interesting post today on
Here’s a quick excerpt
You can choose the Term Life Insurance that suits you best, so you yourself determine the amount that is paid out. You can choose to have an insured sum that remains the same over the whole term, or you can have an insured sum that decreases during that period. The latter is suitable if the financial consequences of your death are steadily reduced over time, e.g. in the case of an outstanding debt that is being gradually paid off.

Read the rest of this great post here

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