However, the policy doesn't present any returns beyond the stated advantage, unlike an insurance policy which permits investors to share in returns from the insurance company's investment portfolio.Get a lot more data about My Burial Insurance planAnnually renewable term life.Historically, a term life rate improved every year as the risk of death became higher.Whilst unpopular, this kind of life policy continues to be offered and is frequently referred to as annually renewable term life (ART).Guaranteed level term life.Many companies now also give level term life.This kind of insurance policy has premiums which might be developed to stay level for any period of 5, 10, 15, 20, 25 or even 30 years.Most level term life insurance policies include a assure of level premiums.Needless to say, it's important to produce certain that you just have an understanding of the terms of any life insurance policy you happen to be thinking of.Return of premium term life insuranceReturn of premium term insurance (ROP) is a fairly new variety of insurance policy that offers a assured refund of your life insurance premiums at the end with the term period assuming the insured continues to be living.