Nov
5
2008
New AccuQuote Podcast
Author: Christin AccomandoNovember 5, 2008
When would someone buy annually renewable term (ART) life insurance
Description:
In this podcast, Byron Udell, a leading life insurance and annuity expert, will tell us about a term life insurance policy called annually renewable term or better known as ART. He will explain the features of this policy and when someone would be more inclined to purchase such a policy.
Size: 2.61 MB
Length: 2:51
November 6th, 2008 at 9:31 am
If you are considering annual renewable term, you may want to compare the cost with level term life insurance.
Level term provides guaranteed level rates for 10, 15, 20, or even 30 years, depending on your age.
That way, your premiums would not increase each year. And, you would have guaranteed protection for a longer period of time, in case you need it, or your personal situation changes.