What is Term Life Insurance?

Term life insurance is coverage that lasts for a limited period of time, anywhere from 10 to 30 years.  During this term your payments and coverage are typically guaranteed to remain the same. Term policies will pay out if you die during the term.

How can Term Life Insurance help your family?

People frequently buy term life insurance to:

  • Take the place of their income so their family can maintain their current standard of living
  • Cover funeral and final expenses
  • Pay off debts that disappear over time, such as mortgages, loans and credit cards
  • Assist with child care and educational expenses