Life Insurance Direct What Are The Pros And Cons Of Term Insurance | Page 4

Advantages
Remember that term insurance is among the most common forms of insurance and is aptly
named in that it provides life insurance for set terms that can last anywhere from one year to
decades!
Pro – This has the greatest return for a minimum amount of investment. Term life insurance
doesn’t involve high premiums and lots of hidden fees like some other plans. You simply buy it
and renew it if you want.
Pro – Term insurance involves zero hassle and is the get it and forget about it kind of policy that
makes it easy and carefree.
Pro – It’s also one of the cheapest plans to buy, making it an affordable choice for many.