Oregon Life Insurance Company
Oregon Term Life Insurance Policy Quotes Term life insurance is a kind of life insurance that ensures repayment of a death benefit throughout a specified time period. Term life insurance, also called pure life insurance, is a kind of life insurance that ensures repayment of a specified death benefit if the covered person dies throughout a specified term. Once the term expires, the policyholder can either renew it for another term, transform the policy to long-term insurance coverage, or allow the term life insurance policy to terminate. If you pass away throughout the policy term, the insurance company will pay the policy's face value to your recipients. You might be able to renew a term policy at its expiry, yet the premiums will be recalculated for your age at the time of revival. Oregon Life Insurance Rates This sort of insurance commonly enables customers to initially purchase even more insurance protection for less cash (premium) than other type of life insurance