Life Insurance Basics
What is term to 100 life insurance?
Term to 100 life insurance is a type of permanent life insurance that provides coverage for your entire life (to age 100) with level premiums. Term to 100 policies have no cash value. They are less expensive than whole life insurance but more expensive than term life insurance.
Key Points
- Term to 100: permanent coverage with level premiums to age 100
- No cash value
- Less expensive than whole life insurance
- More expensive than term life insurance
- An independent agent can compare term to 100 vs. whole life vs. term life insurance