A young,healthy person may be able to buy term life insurance privately at lower premiums than through a group policy.

Question

Quizplus · Accepted Answer

Generally, group policies offered through employers may provide lower premiums for life insurance coverage, but the coverage amount and terms may be limited. Buying term life insurance privately may provide more options for coverage and may result in lower premiums for younger and healthier individuals.

A Young,healthy Person May Be Able to Buy Term Life