Testimonials
With the process of insurance being confusing enough already, and the many many options available everywhere I looked, I didn’t know what to do. Thank you so much for helping me choose the right kind of insurance for me and my family.
– Abigail J, Birmingham

Level Term Insurance

In this kind of insurance, the premium and the face value remain the same throughout the term of the insurance. However, once the term is over, the sum is not payable any longer and the policy expires. It is advisable to buy Level Term Life Insurance at the lowest possible price. Most insurance companies offer the option of converting level term policies into cash value policies, which work out in the buyer’s favour. Level term insurance should not be confused with level premium term life insurance that refers to a policy with premiums that remain the same throughout the policy term.

Benefits:

» The death benefit remains the same.
» Premiums may be more expensive at first, but they will not increase as the policyholder becomes aged or ill.