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$300k term life insurance

300,000 term life insurance policy

$300,000 Term Life Insurance Policy A $300,000 term life insurance policy lasts for a specific amount of time, a term.  The term period for most companies range from 10, 15, 20, and 30 years.   There is no penalty for cancelling the policy early.   When the term does come to the end you have the option of just letting the policy expire or you can renew the policy annually.  Most people will opt to purchase a new policy at this point if they still need insurance as it will typically be cheaper, unless one has developed a significant health condition. Another […]