Term Life Insurance

Term Life Insurance protects you (and subsequently your family) for a specified period of time. If you do not currently have life insurance, term can be a good place to start. It is generally less expensive than permanent life insurance and is available for varying term periods for fixed premiums.

You may also have the option to convert to permanent coverage, thereby providing the flexibility to adjust it to your changing needs.

Advantages and disadvantages

Term life insurance is easy to understand, inexpensive and can provide essential protection for your family. Because it typically doesn’t cost a lot, you can buy larger amounts without having to spend tons of money. The downside is that term insurance IS NOT a permanent life insurance solution. Once the term ends, the premiums can increase dramatically. And, the older you are, the more expensive it gets. Fortunately, you can convert many term life insurance policies to a permanent insurance policy like whole life insurance and universal life insurance.

Contact us for further details concerning the various plans, options, and quotations.