Top 10 Articles About Term Life Insurance!
Before purchasing a product, it is very important for a customer to do their research. In this article, I will be summarizing and linking articles that I believe prospective customers will find useful to read before purchasing term life insurance!
#10: Insurance Information Institute “What are the different types of term life insurance policies?”
Insurance Information Institute does a great job describing the varying types of term life policies. It mentions the common types of level term, and defines common term life jargon, including renewable term policies and return of premium. Overall, the article does a great job going into detail regarding the nitty gritty of individual term life policies.
https://www.iii.org/article/what-are-different-types-term-life-insurance-policies
#9: New York Life “What is Term Life Insurance? See our beginner's guide”
New York Life does a great job breaking down term life insurance in a unique way. The author of the article is able to take you through your life insurance journey as a customer, and points out how customers usually start out with a term life policy. The article mainly focuses on how YOU, the customer, benefits from term life. Rather than being biased and promoting it’s own policy very blatantly, it runs the reader through an overview of term life.
https://www.newyorklife.com/articles/what-is-term-life-insurance
#8: Northwestern Mutual “What Is Term Life Insurance?”
Northwestern Mutual creates a very effective yet basic learning experience in this article. The reader is able to better grasp what term life involves, while not being overwhelmed. Overall, there is the description of the types of term life, the payment plans, and the option to convert to a permanent policy.
https://www.northwesternmutual.com/life-and-money/what-is-term-life-insurance/
#7: Bankrate “Term Life Insurance”
Bankrate’s mission is to simply dish out information about the best deal in regards to insurance plans for customers. They have no reason to “sell” customers on certain products, so they are very honest. The article gives a rundown on what term life is, the pricing, and the pros and cons of purchasing term life. They also answer frequently asked questions about life insurance. The article provides the reader with all the information they need.
https://www.bankrate.com/insurance/life-insurance/term-life-insurance/
#6: Value Penguin “What Is Term Life Insurance?”
Value Penguin does a great job describing how term life is helpful in the event of a loved one passing away unexpectedly. The items that the monetary payout can go towards are listed, and states that suicide is not something that term life covers. The article covers the different types of term life, the price, as well as the riders and other specifics regarding the policy.
https://www.valuepenguin.com/life-insurance/what-is-term-life-insurance
#5: Forbes “How To Find The Best Term Life Insurance"
Forbes is especially helpful because it goes through which factors are important to take into account while measuring how much life insurance to purchase. This is a very important tool, since not many resources explicitly explain how to calculate this.
#4: Investopedia “Term Life Insurance”
https://www.investopedia.com/terms/t/termlife.asp
Investopedia’s article answers just about any questions that you could have about term life insurance. It is similar to some of the others, yet incredibly informative and in depth. The article also includes a short video to help engage with the readers.
#3: U.S. News “What Is Term Life Insurance?”
This article does a great job stating what term life is, and what it does. Many prospective customers in the insurance market have questions regarding term life insurance. They are unsure of the industry, let alone a specific policy. U.S. News does a great job informing the reader about life insurance as a whole, and does a great job visually comparing different kinds of life insurance.
https://www.usnews.com/360-reviews/life-insurance/term-life-insurance
#2: Guardian’s “How term life insurance works: The basics”
The Guardian’s article does a great job of explaining the basics of term life insurance. The vocabulary used is not incredibly confusing for a customer who is new to the insurance industry, which is very important. Their charts are excellent, and help the reader visually compare features of term life vs. permanent life, as well as the average amount of life insurance needed based on age range.
https://www.guardianlife.com/life-insurance/how-term-life-works
#1: Nerdwallet’s “Find the Best Term Life Insurance”
Nerdwallet does a great job defining term life, comparing it to other companies, and explaining whether or not it is a good purchase for you based on a variety of factors. It initially lists the best life insurance companies, and how each of their term life policies stack up. It also includes a chart for the prices of life insurance for different terms at different ages. The article includes ANYTHING that you may have wondered about term life insurance, and answers it in a great manner.
https://www.nerdwallet.com/blog/insurance/term-life-insurance/