Life Insurance Reviews
TD Insurance Life Insurance Reviews
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(10 reviews)
Affordable Life Insurance?
- Rates from 20+ life insurers
- Premiums start at $12/month
- Standard & Guaranteed plans
- Can be purchased remotely
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Review author
This is not a policy that most people will be able to carry forward into their senior years with its associated lower income potential. My payments started at $34.00/month but by year 10 of my term, I was paying $166/monthly. To continue the policy my monthly payments would start at $338. I have to wonder what kind of increase would be on that amount after another 10 years. The policy payout would have been $250,000.
This is about this before you take a term life insurance policy. It will most likely be unaffordable in the period of your life you most desire the assurance.
It feels like people like myself are funding the payouts for those who can afford the monthly premiums till the policy pays out..