Is Term Life Insurance Expensive? 
Of the different types of life insurance term life , whole life , universal life and variable life , term life is actually the least expensive value per premium dollar . The shorter the term , the less expensive term life insurance will become . The common types of time periods of term life insurance range from annual renewable which goes up every year to 5-10-15-20-25-30-35 year terms which increase premiums according to the length of time of a guaranteed level premium . Please keep in mind your premiums have more to do with your personal factors than anything else which is based on your personal risk . Underwriters will consider your age , build , current health , life style , health history , occupation , residence , income and assets when determining your exact premium . I recommend using an independent experienced life insurance broker to help you find the best product at the best price for your unique situation . 