(PRWEB) May 10, 2013
The blog explains what is a term life insurance, its main benefits and its disadvantage. Term life insurance policy, is a form of life insurance that provides coverage at a fixed rate for a certain period of time. After the period of time expires and the coverage is renewed, it is no longer paid at the previous rate of premium. To continue the insurance coverage, a client must agree to different terms, conditions, and payments.
If the policyholder dies during the term, the death benefit is paid to the beneficiaries. The benefit of this policy is that it is the least expensive way of purchasing a substantial death benefit. One of the main drawbacks associated with this type of insurance is that once the term expires; the renewal process is as taxing as the first application.
“We offer the possibility to compare various premium rates from different insurance companies in order for people to choose the most affordable term life insurance available on the market!” said Russell Rabichev, Marketing Director of Internet Marketing Company.
Online Insurance Marketplace is an online provider of life, home, health, and auto insurance quotes. It is unique in that this website does not simply stick to one kind of insurance carrier, but brings the clients the best deals from many different online insurance carriers. This way, clients have offers from multiple carriers all in one place, this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.
For more information, please visit http://lifepolicy.info/.