TERM LIFE INSURANCE
Term life insurance is a temporary insurance policy active for a specified term
Varying in lengths from 10, 15, to 20+ years.
Commonly known as pure life insurance, a term policy guarantees payment of a stated death benefit if the insured individual passes away before the term is completed. Being one of the cost-efficient policies positions term life insurance as the most attractive, especially to the 55 years and older community. Mainly, the eligibility and premium of a policy holder is determined based on the policy’s value (the payout amount) and your age, gender, and health.
Types of Term Life Insurance:
- Yearly Renewable Term (YRT) Policy
- Level-Term Policy
- Decreasing Term Policy
Benefits of Term Life Insurance:
- Provides guaranteed cash value
- More flexibility than other options
- Premiums are transparent
- Lasts until death
Questions to Ask Yourself:
- How much coverage do I need?
- How long will I need to be insured?
- What are my current or upcoming necessities?
Your Health, Money, & Future is Under Your Control.
Tomorrow is the most unpredictable period of our lives. Create and secure a life-proof strategy for maintaining your vital assets.
Our team of experts will exhibit care, knowledge, and experience to formulate the perfect personalized plan to guarantee you are prepared for the unforeseeable.
Our team of experts will exhibit care, knowledge, and experience to formulate the perfect personalized plan to guarantee you are prepared for the unforeseeable.