Term Life: The 1st line of protection for your family

Life Insurance is IMPORTANT

Term life insurance is a type of insurance that is meant to be temporary. It expires after a set number of years or term. In general, term policies can range from 10 to 30 years. Depending on your history and the policy you choose, you could be paying $20 a month for coverage. Sometimes less than that! The higher the face amount or death benefit amount, the premium will go up.

Other than the obvious benefit of low cost. The majority of insurance companies will allow you to convert it to a whole life policy. As you get older you will find that your lifestyle has changed and you need a more permanent type of insurance.

Insurance can be a complicated subject, and everyone interprets it differently. That is one reason that insurance agencies exist.

Why would I want temporary insurance?

You are 25 years old and you have been on your own for a few years. You meet the partner of your dreams and you get married 2 years later. Things are going great: the realtionship couldn’t be better and both of you are holding really good jobs.

You start talking about having children because you found that you both have always wanted a larger family. Before you know the first child is here and things are starting to get a little tight financially.

On your way to work one morning you are hit by truck and killed. Your spouse now has to figure out how to pay for your funeral on top of having to be the main source of income for the family. Your spouse not only loses you but also loses the income you provided for the family.

No one likes to think about secenarios like this but, it happens all the time. With funerals costing more than $9,000 right now; that is a large pill to swallow for a now single parent.

Purchasing a temporary insurance like a term life policy is not only affordable for a young family but, it provides a means to a most tragic end. Term insurance will provide a death benefit amount of your choice. The very least we recommend is $200,000 for a small family. This amount will allow your spouse to give you a funeral and still have enough money to put away to make life a bit more comfortable financially.

Benefits of Term Life

18 to 55 years of age qualify
Affordable Premiums
Guaranteed Death Benefit starting at $150,000
10, 20, and 30 year terms
Add cutom riders to change coverages
Convertible to a Whole Life policy
No Medical Exams for 18-55 years of age
Level premiums for the policy period
Simple policy structure
Cost Efficient