Term life insurance is generally used when the need for death benefit protection is temporary or if you are unable to afford the insurance premiums of a permanent life insurance policy.
Term insurance typically provides for the largest immediate death benefit amount of life insurance for each premium dollar.
It is appropriate if you are seeking life insurance protection for a specific need that will end at a future date such as to pay for your child’s college education expenses, to repay a home mortgage loan or to replace your income for your family should death occur prior to your retirement.
Term insurance typically provides for the largest immediate death benefit amount of life insurance for each premium dollar.
It is appropriate if you are seeking life insurance protection for a specific need that will end at a future date such as to pay for your child’s college education expenses, to repay a home mortgage loan or to replace your income for your family should death occur prior to your retirement.
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