In order to find affordable life insurance in Oregon you need to know what kind of life insurance you need and then compare policies and prices in order to find your best deal.
There are basically two different kinds of life insurance policies to choose from in Oregon: Term Life and Whole Life (there are also Universal Life and Variable Universal Life, but these are basically variations on Whole Life Insurance).
Term life insurance will undoubtedly provide you with the lowest initial premium payment. Term life insurance is a no-frills form of insurance that is easy to understand. The primary feature of term life insurance is that your policy will only stay in force for a specific number of years.
If you should die during the time that the policy is in force (that is, during the term of the policy) then the company will pay the agreed-upon death benefit to the beneficiary you designated. This is the simplest and most straight-forward insurance policy you can purchase, and at least initially this is the most affordable insurance.
For some people there are one or two drawbacks to a term policy. For one thing there is no cash value to the policy as...
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