Term Insurance
Affordable Insurance for your needs Today !!
Term insurance is a life insurance policy that provides coverage for a certain period of time or specified "term" of years. If the insured dies during the time period specified in the policy and the policy is in force, then a death benefit will be paid. Term insurance is initially much less expensive when compared to permanent life insurances. However, term insurance generally accumulates no cash value.
Insurance offers serval different types of Term Life Policies that may fit your needs. you may want to purchase a term life insurance policy to get valuable coverage at an affordable price, help cover specific financial responsibilities like mortage or college expenses or supplement a permanent policy or work policy insurance can help you find the policy that is right for you.
Some options that Term Insurance Provides Are:
Decreasing Term
-The face amount decreases over a period of time as your need for insurance decreases
-Keeps pace with declining mortgage balance
Annual Renewable
-Offers low-cost term insurance with the flexibility to renew your coverage annually up to age 80
-Provides the largest coverage amount at the most affordable rates
Term to Age 65
-Insurance for the those whose needs exceed their ability to pay for whole life coverage
-Provides coverage you need at lower term rates
-Affordable added protection that will last you until your retirement years
-Accumulates cash value
Level Term
-Provides low-cost coverage at a fixed rate for the term of the policy
-Coverage and premiums remain fixed for the term of the policy
Combination
-Term insurance can be combined with permanent insurance to provide you with the best possible coverage within your budget today
-The term insurance can be converted into permanent insurance later in life as your needs change
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