2013 March Madness final four product review: term life insurance

By Steve Savant

Ash Brokerage Corporation

Voted by consumers as the number one life insurance product for indemnification over the last thirty years, term continues its evolution to new guaranteed periods where a few carriers offer forty years. In addition to new guaranteed periods, there are morbidity policy riders that include consumer staples like long-term care, terminal illness, as well as catastrophic care and chronic illness coverage. Term policy conversion still is the second-leading policy item next to its price tag. Steve and Jessica rank the top four term life insurance products division by guaranteed periods of coverage for 2013.