Benefits Lesson

Decreasing Term Life Insurance

The death benefit of a decreasing term policy with decrease over the life of the policy. However, your payments will stay the same. These types of policies may be a good idea to cover a mortgage or other loan.

Lesson Script

What This Video Covers

The death benefit of a decreasing term policy with decrease over the life of the policy. However, your payments will stay the same. These types of policies may be a good idea to cover a mortgage or other loan.
Insurance Terms to Know

Open Perils

Open perils coverage insures against direct physical loss unless the cause is specifically excluded.