Though you won’t be able to convert your term life insurance policy unless you opt to pay for the feature, Penn Mutual does offer competitive life insurance rates. Cheap life insurance rates.

The cost is one of the most crucial features of choosing a life insurance policy. Fortunately, term life insurance is the simplest and often cheapest life insurance you can purchase. It's also the ...

CNBC Select has picked the most affordable term life insurance policies in a variety of categories. (Check out our methodology for more on how we made our picks.) Best cheap life insurance Best ...

For example, if you are looking for a cheap policy to cover future financial obligations like college tuition, then choosing a term life insurance policy with a death benefit that matches the total ...

Katia Iervasi is a managing editor and insurance authority at NerdWallet. Her work has been featured in The Washington Post. See full bio. NerdWallet’s life insurance ratings are based on ...

But if you're looking for cheap life insurance without having to sacrifice a final payout number, a term policy is the way to go. While there are multiple ways to get cheap life insurance ...

Term life insurance policies generally have a level-term period when rates are locked in. It’s usually the cheapest type of life insurance. There is no cash value component to these policies.

If you outlive your term life policy, you won’t get a payout — but that’s not a bad thing. Learn your options, from converting to permanent coverage to doing nothing at all, and how to decide what’s ...

Ashlee is an insurance editor ... Protective’s Classic Choice term life policy offers cheap rates and superior choices of level term lengths (up to 40 years), earning it the top spot in our ...

Penn Mutual offered the cheapest average life insurance rate of $20.71 per month for healthy 35- to 45-year-olds seeking a 20-year term policy with $250,000 in coverage, based on the MarketWatch ...

Sample monthly rates for a 20-year term policy with $1 million in coverage for a 35-year-old male smoker. If you have a child, you can purchase life insurance for them in the form of a whole life ...