December 14, 2007, Newsletter Issue #82: Short-Term Life Insurance
Tip of the Week
If you need short-term life insurance, then you may be best off investing in a term life insurance policy. It is preferable because:
- The premiums on a term life insurance policy are usually cheaper than that of other life insurance types.
- Term life insurance can be taken out for as little as one year.
This is great for those who:
- Plan on going out of the country for a short time.
- Those who need life insurance while they are waiting for other coverage to kick in.
- Those who may be involved in risky activities for a short time.
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