Why consider term life insurance for young families?
Because, most people with a young family are on a budget and need life insurance to last for up to 25 years or less, until their children are grown and on their own.
Term life insurance offers flexibility, allowing you to choose coverage for a duration of 10, 15, 20, 25 or 30 years.
Term life insurance is cheap. Permanent life insurance costs up to 5-10 times more than the same amount of term life insurance.
Term life offers the most coverage for the lowest price, allowing your budget to stretch further than any other type of life insurance plan.