Is Return of Premium Term Life Insurance For You?

Q:  Is Return of Premium (ROP) term life insurance a good deal? A:  Sometimes. Depends. Only time will tell. I'm not trying to be cute with the ambiguity here. But truth be told, this is not simply a 'yes' or 'no' question. It's slightly more involved than that. Let's take a look at each response. Sometimes - ROP term life insurance is a good option for some people, but not everyone. To say that one is better than the other in all cases is simply inaccurate. Who is it good for? Well, that depends. Depends - There are three primary factors that determine whether ROP term or regular term is the best fit for you. The actual rate of return the life insurance company is offering on your policy. Remember, ROP term is simply a life insurance pol