What are the term life insurance advantages and disadvantages?

To begin with, term life insurance offers you several advantages over permanent life insurance.

First, term life offers you temporary protection for a specific number of years, so you only pay for coverage while you really need it.

Term life insurance costs less than permanent life insurance.

In fact, permanent life insurance usually costs 2-3 times more than term life, so you get a lot more life insurance for your money with term life insurance, especially when you're young.

The disadvantages include temporary protection. When your term life policy expires, your coverage ends.

Also, term life insurance is pure insurance protection. That means there is no cash value that builds within the policy, as it does in permanent life insurance plans.

Learn more about the term life insurance advantages.

Or, you can compare free, instant term life insurance quotes online from leading carriers.