Term Life Insurance Rates Decreased

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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...

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UPDATED: Feb 25, 2020

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American General Life Insurance Company (AIG) and Genworth Life Insurance Company both announced decreases in term life insurance rates this week. The changes will be for specific ages, coverage amounts, and term lengths.

Term life insurance premiums have decreased significantly over the past several years due to competition in the marketplace and improvements in mortality rates. However, many industry ‘experts’ believe premium rate decreases are nearing the end as most insurance companies have dropped rates as far as feasibly possible.

Please check our website for the most up-to-date term life insurance quotes.

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