Currently Insured?
under header

Term Life Insurance

Term insurance is the most basic, straightforward and affordable type of life insurance policy. The person insured will obtain insurance protection for a limited period of time, usually 10 to 30 years. If the insured person dies within the time the policy is force, the dependents receive the benefits. If you don't die during this period, there will be no payout. This policy has much lower rates than the permanent life. Term life insurance is well suited when you're looking to pay off debt, or need financial protection during the child-raising years.

You should consider choosing this type of policy only if you need life insurance for a stated time period, and on a limited budget. Unlike whole life or universal life insurance, term life insurance does not accumulate cash value. There are several types of term life insurance to choose from. This policy can be Convertible or Non-Convertible, Level or Decreasing, Renewable or Non-Renewable. Each of these types has its pros and cons. Feel free to find a financial advisor who can help you decide which type of term life insurance best suits your needs.

If you're looking to protect your loved ones at a very low cost, make sure you consider term life insurance!