Life insurance application activity showed gains in the coveted younger age bands during September, according to the MIB Life Index. The month saw year-over-year growth of 2.6% for ages 0-30 and 2 ...

Term life insurance is a policy that lasts for a set number of years — typically 10, 20 or 30 years. If you die during that time, your beneficiaries receive a payout. If you outlive it, the ...

If you are young and healthy, life insurance can be relatively affordable. A healthy 25-year-old can expect to pay around $20 a month for a 20-year term life policy with a $500,000 death benefit.

Term life insurance provides straightforward coverage for a specific period—usually 10, 20, or 30 years—at lower premiums compared to permanent life insurance.