Term life insurance is a type of life insurance that offers protection for a specific number of years.
Term life insurance is considered pure protection because it provides only a life insurance death benefit, it does not build cash value inside the policy.
The "Term" in term life insurance is the length of time you have life insurance coverage in your policy.
If you die during the term of your term life policy, your beneficiary would receive the death benefit, subject to any exclusions in your life insurance contract.
If you outlive the term of your life insurance policy, the life insurance expires.
Since term life insurance is temporary life insurance, and builds no cash value inside the policy, it is usually the lowest priced life insurance.
Term life insurance usually offers terms of 10, 15, 20, and 30 years of life insurance protection. Here's how you can learn more about how term life insurance works and request free quotes.
Term life insurance is considered pure protection because it provides only a life insurance death benefit, it does not build cash value inside the policy.
The "Term" in term life insurance is the length of time you have life insurance coverage in your policy.
If you die during the term of your term life policy, your beneficiary would receive the death benefit, subject to any exclusions in your life insurance contract.
If you outlive the term of your life insurance policy, the life insurance expires.
Since term life insurance is temporary life insurance, and builds no cash value inside the policy, it is usually the lowest priced life insurance.
Term life insurance usually offers terms of 10, 15, 20, and 30 years of life insurance protection. Here's how you can learn more about how term life insurance works and request free quotes.
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