Information on Term Life Insurance

Protect What Matters Most with Term Life Insurance

What Is Term Life Insurance?

Term life insurance is a simple and affordable way to provide financial protection for your loved ones. It offers coverage for a set period—typically 10, 20, or 30 years—and pays out a tax-free death benefit to your chosen beneficiary if you pass away during that time. This lump-sum payment can help cover funeral expenses, pay off a mortgage, handle debts, or fund college tuition. The money can be used however the beneficiary chooses.

Essential Features:

• Flexible Coverage Terms: Choose from a range of term lengths—commonly 10, 20, or 30 years—with some policies offering coverage up to 40 years.
• Affordable Premiums: Term life insurance is generally more budget-friendly than permanent policies.
• Policy Options: Before your term ends, you may be able to renew, convert to permanent coverage, or let the policy expire.

The amount of life insurance you need depends on the financial responsibilities that will remain after your death—such as supporting your loved ones, paying off a mortgage, or covering education expenses.

To help determine your coverage amount, consider the following questions:

• Does anyone depend on me financially?
• How much of our household income do I provide?
• How will my family handle final expenses and outstanding debts?
• Do I want to leave a financial gift to family or charity?
• Is my employer-provided life insurance sufficient and what if I change jobs?

If term insurance is right for you, we are able provide this direct term insurance portal where our clients are be able to research, quote and even apply for term insurance directly and take the process at their own pace.