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20 Year Term Life Insurance

20 year term life insurance provides affordable life insurance protection for a period of 20 years. If it is a guaranteed level term life insurance policy, the premium amount will remain level for the entire 20 year term. This means that your rate will not increase or decrease while your policy is in force. 20 year term life insurance is the ideal type of life insurance protection if your family has temporary financial obligations and a modest budget.

Consider including a 20 year term life insurance policy in your family's overall financial plan if:

• There is a temporary need for life insurance protection, such as for paying off a mortgage, college tuition, other living expenses, etc.
• Your family has a limited budget. 20 year term life insurance is very affordable and will serve your financial needs for a justifiable length of time. You can eventually convert your 20 year term policy to permanent life insurance when your financial situation improves. Learn about term conversion.
• There is a need to protect your business for 20 years. Consider a Buy-sell agreement or Key-person insurance if you own business.

In addition to providing protection for a level period of 20 years, many 20 year term life insurance policies come with the option to add life insurance riders. Some of these riders include:

• Waiver of premium term life insurance or permanent - Waiver of premium states that in the event you become totally disabled due to an accident or illness, the life insurance company will pay your premiums until you are no longer disabled.
• Return of premium term life insurance - Return of premium offers a full refund of your premiums paid if you are still living at the end of your 20 year term life insurance.

Get a 20 year term life insurance quote

Contact AccuQuote for a free 20 year term life insurance quote today. In just one phone call, we will provide you with 20 year term life insurance rates and features among top-rated life insurance companies. Call us at 800-442-9899 to get the 20 year term life insurance quotes process started today.