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Insurance > Term Life Insurance
Term Life
If you need life insurance but are concerned about cost, term life insurance offers a budget-friendly solution. With this policy, you can choose the coverage duration that fits your needs—10, 20, or 30 years—ensuring financial protection for your loved ones. Term life insurance is an affordable option, with premiums that typically remain fixed throughout the selected term.
Who should consider Term life insurance?
Whole life insurance ensures your spouse is protected during retirement and allows you to leave a lasting legacy for your loved ones or a favorite charity. It also builds guaranteed cash value, which you can access anytime for any financial need—whether it's funding a college education, supporting your business, or supplementing your retirement income.
If your family or business relies on you, whole life insurance is a smart way to provide long-term financial security.
Term Life features and benefits
Death benefit
In the event of your passing, your beneficiaries will receive a lump-sum payout to help with expenses such as college tuition, replacing lost income, or paying off a mortgage.
Affordable
You can secure the coverage you need at a price that fits your budget. Most term life policies offer level premiums that remain guaranteed for a set period, typically 10 or 20 years.
Convertible
Many term life insurance policies can be converted to permanent coverage without requiring medical exams or health questions. This conversion gives you access to lifelong protection and financial benefits, including cash value growth.
What is the process for getting a term life insurance policy?
01
Analyze
During your first phone call, your financial professional will ask questions to better understand your financial goals and priorities.
02
Recommend
Your financial professional will assess your needs and suggest the best products to fill any coverage gaps.
03
Purchase
If you’re happy with their recommendations, they’ll assist you in securing coverage, which may require a medical exam.
04
Review
Your financial professional will provide periodic reviews to ensure your strategies stay aligned with your goals.