What is term life insurance?
Term life insurance provides a death benefit for a certain period of time, or a term. If the insured dies during
the term, then the beneficiary will be paid the death benefit. If the insured does not die during the term,
then the policy will end or they can pay an annually increasing premium to keep the policy going.
Term life is the simplest and the least expensive type of life insurance.
There are several different types of term life such as annual term, 10 year term, 20 year term, 30 year term,
and return of premium term.
The term that you choose will be based on your individual needs.
Are you looking for insurance to protect your mortgage? Do you want to make sure your spouse and children will
be ok without your income? A professional and licensed agent can help you determine which type of term insurance is
right for you, and how long of a term you need.
Get a free no obligation quote today and compare multiple quotes from the
nation's highest rated carriers. Remember that all life insurance carriers have different rates, so it
pays to compare.