A lot of people that think the words ‘insurance’ and ‘devil’ are interchangeable, probably because they haven’t taken the time to even try and understand it.

When you go shopping for life insurance, two of the words you will hear often are permanent and term. These two words discuss two different types of life insurance policies. Permanent insurance is a life insurance policy that is designed to cover you for the rest of your life, as long as you continue to make your premium payments. Term insurance is a policy that covers you only for a certain number of years, and only as long as premium payments are made during that time. Today, we are going to discuss the strong point of term policies.

If you have been comparing life insurance rates then chances are good that you have looked at term life insurance. Term life insurance is a terrific product for people who:

1. Need a high dollar death benefit with a low dollar premium.
2. Need a temporarily high amount of life insurance death benefit.
3. Need a gradually decreasing amount of life insurance.
4. Need a simple, small burial policy.