Term Life Insurance is a fairly straightforward form of life insurance in which the policyholder pays premiums. If the policyholder were to die while the policy is in effect, the beneficiaries would receive the death benefit.

This type of life insurance provides protection and coverage at a lesser price than whole, mainly because it doesn’t have additional fees or maintenance. As life insurance is a long-term commitment, a lower price can be attractive to those on a budget.

We recommend term life for anyone who expects to build wealth over time and will not need a financial safety net later in life. This type of insurance expires after a set number of years.

Term is the most affordable form of life assurance and was so named for how the product works. You buy it on an established cash amount for the death benefit—but only for a limited period of time or term.

After the policy expires, the rate of the premiums and terms and conditions of coverage are no longer guaranteed. Plans like these are perfect for when you’re on a budget but need protection the most.

For example, if you and your spouse have just had a newborn or a dependent is in college, you may need high levels of coverage for a temporary need.

Term options make that possible even when you’re trying to tighten your belt. To weigh the benefits and make a sound decision for your family concerning life insurance, we invite you to talk with one of our agents.

After learning about your particular circumstance, our agent can show you the numbers that give you clarity in decision-making