Term Life
Term life insurance is the least expensive way to protect your loved ones if you die prematurely. It is temporary insurance.
Your premium doesn’t change, protection covers specific time periods, 10, 20, and 30 years are most common.
If you die during the policy period, your beneficiaries will collect the death benefit.
It is a smart way to protect against your heirs' need to repay large debts, like a mortgage.
Term life can benefit people who are forming a family or those who have not yet built up retirement and investment accounts.
Term plans often give you the right to renew for another period when a term ends, regardless of the state of your health.
With each new term the premium is increased.
Convertible term policies often permit you to exchange the policy for a permanent plan. If you convert within the prescribed period,
you are not required to give any information about your health.
Term insurance rates are very competitive and are currently at historical lows. Individuals can choose to have multiple policies covering different financial obligations, each with a distinct term.
Term life can be combined with other types of life insurance to ensure complete protection.
Your premium doesn’t change, protection covers specific time periods, 10, 20, and 30 years are most common.
If you die during the policy period, your beneficiaries will collect the death benefit.
It is a smart way to protect against your heirs' need to repay large debts, like a mortgage.
Term life can benefit people who are forming a family or those who have not yet built up retirement and investment accounts.
Term plans often give you the right to renew for another period when a term ends, regardless of the state of your health.
With each new term the premium is increased.
Convertible term policies often permit you to exchange the policy for a permanent plan. If you convert within the prescribed period,
you are not required to give any information about your health.
Term insurance rates are very competitive and are currently at historical lows. Individuals can choose to have multiple policies covering different financial obligations, each with a distinct term.
Term life can be combined with other types of life insurance to ensure complete protection.
