Life Insurance Rates Sees Increase in Term Insurance Demand

July 5, 2011 - PRLog -- As reports continue to indicate that term life insurance is more affordable than in years prior, LifeInsuranceRates.com has confirmed that this type of coverage has seen an increase in demand. Consumers can choose the best term insurance quote provided in a custom list format.

“Consumers look to term life insurance because of the value and flexibility associated with this type of coverage,” LifeInsuranceRates.com spokesperson Ronald Wilson said. “As the economy continues to heal, people are realizing it is an excellent time to buy and I can’t remember when rates have ever been lower.”

Term life insurance is considered the  type of coverage that allows individuals to choose their length of coverage and generally comes at a lower price. The policy will typically not carry a cash value (interest earned over the life of the policy).

“The goal of our site is to offer the most comprehensive guides available on all types of life insurance,” Wilson said. “Term life insurance is so flexible, it is a no-brainer for those who still lack this necessary type of coverage.”

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