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Term Life Insurance
Term is the lowest premium life insurance product available. When you buy term insurance, you are purchasing "pure" life insurance protection. Term life, as the name implies, is typically purchased for a particular "term," or length of time (10-15-20 or 30 years). Typically, both the premium and death benefit are guaranteed for the "term" period.
Term life is usually purchased to cover a particular debt (mortgage, automobile or boat loan, equity line, credit card debt etc.). Term life is also purchased to provide an additional level of coverage while a child is growing. For example, if when your child is born, you purchase an additional $500,000 of term coverage for 30 years. You will have the added peace of mind knowing, should you die anytime in the next 30 years, your insurance will still provide for your child..
Term insurance is also sold with a "Return of Premium" rider. This refunds all of your premium at the end of the term period. Request "Return of Premium" in the other comments section of our "Quote Form".
Click Here to get a Free - No Obligation Term Quote, or call us Toll Free at 1-877-510-3200
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