Many people choose to purchase term life insurance for the following uses:
- Pay off home mortgage loan upon their passing
- Replace their income for their family
- Provide for their child's education costs
- Pay off credit cards and other debts
- Provide for spouse's retirement
- Provide a legacy for their heirs
- Provide funds for a charitable organization
- Funds to pay for family's living expenses
Learn more about affordable term life insurance plans and how term insurance coverage works.