5 Good Reasons to Buy Term Life Insurance

UPDATED: Mar 26, 2020

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Life insurance continues to be a valuable financial tool for many Americans. A new report by the Medical Information Bureau (MIB) shows that individual applications for coverage increased 1.4 percent in 2012. The MIB Life Index is commonly used to determine life insurance application activity in the U.S. It is based on the number of MIB checks life insurance companies perform when underwriting new applications for coverage.

Term Life Insurance = Value

Despite increased premiums by many companies in the past few years, term life still represents the best value in life insurance. Simply put, it provides the ‘best bang for your buck’ as I always say. Actually, I hardly ever say that. But I agree with it!

Check out our new visual that illustrates five good reasons to protect your family with term life insurance!


Term Life Insurance Infographic


Tim Bain

Tim is a licensed life insurance agent with 23 years of experience helping people protect their families and businesses with term life insurance. He writes and creates stuff for QuickQuote and other insurance and financial websites. You can find him on Twitter.

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