Life insurance’s at its cheapest right now! So, what are you waiting for?
Is life is getting cheaper? It would seem so as aging populations, the Internet and a number of other factors force down the cost of term life insurance. And yet, most Americans don’t seem to be taking advantage of this great windfall. Theledger.com reports:
If that person is healthy, he could save money by replacing the older insurance with a new, 10-year term policy for $525 per year or a new, 20-year term policy for about $1,000 per year. The savings typically are even higher for policies for $1 million or $2 million in coverage.
Read more: Life Insurance Now Cheaper Than Ever
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