Monday, April 23, 2007
Term Life Insurance Policies are Good Bargains
A key financial product -- term-life insurance -- continues to get cheaper and easier to buy.
Prices for coverage have plummeted, partly because people are living longer. A healthy 40-year-old man who has never smoked can get a $500,000 term-life policy for as little as $355 a year for 20 years. That's down from $375 two years ago and $674 a decade ago, according to AccuQuote, an online insurance broker. In the early 1990s, the same policy cost more than $1,000 a year.
Term Life Insurance Policies are Good Bargains
Source: Orlando Sentinel
Prices for coverage have plummeted, partly because people are living longer. A healthy 40-year-old man who has never smoked can get a $500,000 term-life policy for as little as $355 a year for 20 years. That's down from $375 two years ago and $674 a decade ago, according to AccuQuote, an online insurance broker. In the early 1990s, the same policy cost more than $1,000 a year.
Term Life Insurance Policies are Good Bargains
Source: Orlando Sentinel
Permalink posted by armandn @ 11:33 AM 
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