How Do You Compare Term Life Insurance Policies? 
Some things to look at when comparing Term Life Insurance policies are : 1 -RRB- Length of the term . Longer terms usually cost more , so if you are not comparing policies with the same term , you are not getting a valid comparison . 2 -RRB- Guarantees . If the premium is not guaranteed to stay the same for the entire term , you can not compare it to a policy that is guaranteed to stay the same for the entire term . 3 -RRB- Riders . You need to make sure each policy has the exact same riders -LRB- if any -RRB- to make an accurate comparison . 4 -RRB- Convertibility and/or Living Benefits . These add value to a policy , so keep that in mind if comparing a Term policy with these features to one that does not include them . 5 -RRB- Health Rating . One company may rate you Standard , while the other may rate you Preferred . You pretty much need to talk to an experienced agent to find your best health rating . But another factor is : 6 -RRB- Price . One company may charge you $ 100/mo for Standard , while another company may charge you $ 100/mo for Preferred . So it is important to look at price in addition to health rating . 7 -RRB- Agent . It never hurts to run your Term choices by an agent you can trust , and get their take on the comparisons . Life insurance can be complicated and agents should have the ethics to help you save money while getting the best features . 