Something that’s actually become less expensive over the years is term life insurance. According to a _Wall Street Journal_ story on 2/21, longer life spans are driving the prices for such policies down, and the growing popularity of level-premium policies is making it easier to compare costs among providers. The article pointed out that if you have a term policy in which the premium rises each year you may be able to save by replacing it with a level-premium policy. And even if you have a level-premium policy, you may be able to save. At the very least, you may be able to extend your coverage for about the same annual premium you’re paying now.
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