Understanding Insurance: Term Insurance
Understanding Insurance: Term Insurance Term insurance is one of several types of insurance. In its most basic form, this type of insurance covers only a specific time frame. The term of the insurance coverage is the only time in which the insurer will have to pay out, should the insurance be needed. It is most commonly used in life insurance. And, it is one of the most inexpensive ways to insure. But, what makes this the right choice? Term insurance is used by many. It is one of the least expensive ways to stay insured. The way it works is...