If you want an affordable option to protect your loved ones, term life insurance may be for you. Term life provides insurance for a limited period, such as 10, 20, or 30 years, typically with the option to convert to a more permanent solution. With this approach, term life allows you to meet your life insurance needs at a premium that fits your budget, so that you can feel confident that you are prepared for the future.
Term life insurance provides affordable temporary protection that can help your loved ones meet ongoing financial obligations such as debts, mortgages or costs related to raising children. The death benefit is guaranteed for the life of your policy as long as you keep up with your premiums.
If your priority is finding affordable term life insurance, we can help you find a cost-effective solution. Most term policies have level premiums that are guaranteed for a specific period of time (usually 10, 20, or 30 years). After this, premiums generally increase significantly.
If you’re ready to transition to a more permanent type of life insurance in the future, we make it easy for you. By converting, you can take advantage of different types of life insurance that offer protection for life and cash value. With the proper policy design, you can convert your term life insurance policy to lifetime coverage without any medical questions or exams.