What Is Level Benefit Term Life Insurance? 
Great question ! You ever get those policy offers in the mail where they have a chart that shows the rates for different age groups ? -LRB- or hear the one on TV that says `` term life insurance for $ 19.99 ? '' -RRB- Look closely , and you will see where every 5 years the rate increases . These policies want to give you a specified amount of coverage , and as it becomes more expensive for them , they pass that cost on to you . The longer you live , the more expensive they become . -LRB- Until your 80th birthday , at which point most of them let you go , and your coverage ends . -RRB- Other types of life insurance policies figure that cost in , and charge you a level premium for the life of your policy . If you would like more information , please feel free to contact me , I 'm happy to help . Thanks for asking ! 