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Video: Term Life Insurance: Why It's Much Cheaper Than Permanent, and the Pitfalls of Annual Renewable Term
Founder & CEO

Are you considering term life insurance? Watch our video to learn how it works and why you should avoid the trap of annual renewable term life insurance.

And definitely watch this video if you've ever heard the line, "why rent when you can buy?" when it comes to term vs. permanent life insurance.

If you’re ready to choose a term strategy, visit our life insurance calculator for coverage recommendations or—if you already know what you’re looking for—get an instant online term life insurance quote.

Videos you might want to check out after this video, which is the second of a 3-part mini-series:

Video #1 of 3: What Are the Different Types of Life Insurance? (if you haven't seen it already!)

Video #3 of 3: Permanent Life Insurance: What Types Are There? Which Is Right for You?

Choosing term today does not have to commit you to term insurance forever - many term insurance policies contain a "conversion option" that allows you to convert your term coverage to permanent coverage without having to apply again or prove that you are still healthy (but only if you want to -- there is no obligation). 

To learn more about conversion options, check out Video: Upgrading Term Life Insurance to Permanent With a Conversion Option or read our blog post The Option to Convert Your Term Life Insurance to Permanent - A Smart Move or Not Worth It? 

Wallis is the Founder & CEO of AboveBoard Financial, a company reinventing investment advice and insurance with revolutionary transparency and honesty. Wallis spent over 10 years at Goldman Sachs as an investment banker and hedge fund investor in financial institutions. She founded AboveBoard to cut through the BS and present important choices with clarity and compassion. Wallis lives in New York City with her husband and two young children.

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