One of the Easiest ways to cover outstanding debts for a short period of time. Low cost Term Insurance is a type of life insurance policy that provides coverage for a certain period of time, or a specified “term” of years. If the insured dies during the time period specified in the policy and the policy is active – or in force – then a death benefit will be paid.

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LIfe Insurance

Buying Term Insurance

Term Insurance is a low cost but essential way to ensure your family does not lose their principal property in the event of a deceased loved one. Ranging from terms of 5, 10, 15, 20, 35, and 100 years of coverage. This coverage is usually Temporary, covering individuals and families until all debts and finances are in order.

Term Insurance should be considered if an Individual has any types of outstanding loans, Mortgages whether 1st, 2nd or 3rd, or any other debts that may be of a burden to there families. This coverage is only meant to stay inforce for the amount of time to pay these debts down.

This product is medically underwritten allowing customers whom purchase this product to convert to a whole life in the later years with no medical requirements. Term may be of a great advantage in the event the insured has been diagnosed with a terminal or life threatening disease.

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