What is Term Insurance?

Term Insurance can be the most affordable life insurance when initially purchased.  It is designed to meet temporary needs.  This temporary need is for a specific period of time (i.e. the “term”).  Under the vast majority of circumstances it will only pay a benefit if you die during the term of the policy.

Many people use this type of policy for a specific need that they have for a period of time.  For instance, you may determine that you need a specific amount of insurance only until your children have graduated from college, or a specific debt is paid off (typically a mortgage).

Talk with your Life Insurance Solution Specialist to determine when a Term Life Insurance policy may be in your best interest.

What is Life Insurance?

Cost of Life Insurance?

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One Response to “What is Term Insurance?”

  1. what is a life insurance solutions specialist?