Term Insurance

Term insurance provides protection for a specific period of time, usually one to twenty-five years or to age
75-80.

Premiums usually remain level during the specific term but increase if the policy is renewed. At the end of the term, you may reapply for coverage and you may or may not need to provide proof of continued insurability.

A death benefit is only paid if you die during the term of the policy.

• Coverage for a specified term
• Guaranteed premiums, usually remain level for each term and then increase for the next term.
• Guaranteed death benefit
• No cash value component
• No dividends

Other options

• Term to 100 Insurance
• Whole Life Insurance
• Universal Life