Does term life insurance pay benefits for any type of death?
Generally, individual term life insurance pays a death benefit whether an individual dies in an accident or from natural causes. There are certain exclusions that may apply. Check the policy or call Term Life Florida for specific exclusions. For example, many policies exclude suicide, if the suicide occurs within the first 2 years of the policy. If I have term life insurance and don’t die within the term, will I get a refund of the premium?? With standard term insurance there is not a refund of premium. However with NEW Return of Premium Term Insurance, at the end of the term you will receive 100% back of your paid premiums. Will the annual premium I pay for term life insurance change during the policy term? Level term life insurance policies often guarantee that the premium will not increase for a specific number of years. Refer to your policy or ask Term Life Florida to find out how long the premium is guaranteed. Can I cover my children under my life insurance policy? Most policies
