What is Term Life Insurance
Term life insurance is an agreement between you and the insurer to offer protection for your family in the event of your passing. It provides coverage for a predetermined period, such as 10, 20, or 30 years, typically spanning from post-college years to retirement. Once the term concludes, you have the option to renew, upgrade to permanent coverage, or let it end. The payout is assured during this term as long as premiums, which are determined by age, health, and life expectancy, are paid. Often, a medical exam isn't required, and you can conveniently apply online with potential approval within minutes.
Coverage for a specific amount of years.
Family is secured in the event of your death.
Typically more affordable than Whole Life Insurance.
What is Term Life Insurance
Term life insurance is an agreement between you and the insurer to offer protection for your family in the event of your passing. It provides coverage for a predetermined period, such as 10, 20, or 30 years, typically spanning from post-college years to retirement.
Once the term concludes, you have the option to renew, upgrade to permanent coverage, or let it end. The payout is assured during this term as long as premiums, which are determined by age, health, and life expectancy, are paid. Often, a medical exam isn't required, and you can conveniently apply online with potential approval within minutes.
Coverage for a specific amount of years.
Family is secured in the event of your death.
Typically more affordable than Whole Life Insurance.
10 to 35
$50K to $2M
18 to 60
10 to 35
$50K to $2M
18 to 60
Who should get Term Insurance?
Term life coverage help support your family and loved ones in that time of need. This coverage provides the money that is needed to cover any expenses or debts you leave behind. If your family counts on you for financial support, then term life insurance is the BEST option for you!
Who should get Term Insurance?
Term life coverage help support your family and loved ones in that time of need. This coverage provides the money that is needed to cover any expenses or debts you leave behind. If your family counts on you for financial support, then term life insurance is the BEST option for you!
Why you need Life Insurance
Children's Education: Life insurance can serve as a financial safety net for your children's education, ensuring they can pursue their academic goals without financial constraints.
Estate Taxes: If you leave behind a sizable estate, your heirs might face significant estate taxes. Life insurance can help cover these taxes, ensuring your assets are passed on without major losses.
Peace of Mind: Knowing that your loved ones are financially protected, no matter what happens, provides peace of mind to both you and them.
Financial Security: If you're the primary breadwinner, life insurance ensures that your family remains financially stable and can maintain their lifestyle even after you're gone.
Cover Funeral Expenses: Funerals can be expensive. A life insurance payout can help cover these costs, relieving your family of the financial burden during an already challenging time.
Debt Repayment: If you have outstanding debts, such as a mortgage, car loans, or credit card bills, life insurance can help settle these, ensuring your family isn't left with the responsibility.
Why you need Life Insurance
Children's Education: Life insurance can serve as a financial safety net for your children's education, ensuring they can pursue their academic goals without financial constraints.
Estate Taxes: If you leave behind a sizable estate, your heirs might face significant estate taxes. Life insurance can help cover these taxes, ensuring your assets are passed on without major losses.
Peace of Mind: Knowing that your loved ones are financially protected, no matter what happens, provides peace of mind to both you and them.
Financial Security: If you're the primary breadwinner, life insurance ensures that your family remains financially stable and can maintain their lifestyle even after you're gone.
Cover Funeral Expenses: Funerals can be expensive. A life insurance payout can help cover these costs, relieving your family of the financial burden during an already challenging time.
Debt Repayment: If you have outstanding debts, such as a mortgage, car loans, or credit card bills, life insurance can help settle these, ensuring your family isn't left with the responsibility.
Questions?
We have answers
Term life is beneficial in many ways, the right answer is customizing it to your needs. Our agents will walk you through a very quick and easy needs analysis to determine what the right term is for you.
- Term serves multiple purposes:
- Income Replacement, Debt & Expenses, Estate Planning, Business Continuation and more.
Whether or not you need life insurance depends on your individual circumstances and financial goals. Here are some factors to consider when deciding if life insurance is right for you.
- Do you have dependents?
- Do you have significant debt and financial obligations?
- Are you the primary breadwinner in your household?
- Proper estate planning, after your death.
- Do you own a business? How do you allow your business to continue after your death?
- Do you have financial goals or retirement planned out?
- Health and age:
- Cost of insurance is fully dependent on your age and health. The younger and healthier you are, the less expensive it is.
- The older and more health related issues, the more expensive it can be.
Yes, even if you are a stay-at-home individual, life insurance can still be relevant and beneficial for certain reasons:
- Even if you do not earn a traditional income. Your contributions to the household are valuable and often involve tasks that would need to be replaced if you were no longer there. Ex: Childcare, housekeeping, meal preparation, transportation and more.
- Funeral and Final Expenses
- Debt and financial obligations
- Long-Term Planning
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The amount of coverage you may need is entirely based on what your individual needs our and based on your current situation. Our agents will walk you through a very quick and easy needs analysis to determine what the right amount of coverage is for you.
Questions about our plans?
Call us Monday - Friday 9am - 6pm EST
For Life Insurance Services, 1-888-538-3288
For Health Insurance Services, 1-888-533-3558
Questions about our plans?
Call us Monday - Friday 9am - 6pm EST
For Life Insurance Services, 1-888-538-3288
For Health Insurance Services, 1-888-533-3558