Term Life Insurance Overview

Features of Term Life Insurance

• Lowest premiums of all insurance types, therefore perfect for families on a limited budget.
• Insurance coverage for a limited period of time to meet all your temporary insurance needs.
• Now also available combined with critical illness insurance in one package.
• You could qualify for lower premiums if you live a healthy lifestyle and are in good health.

Major uses of Term Life Insurance:

• Buy-Sell agreements for business partners, such as partners taking out term life insurance on each other to continue the business in the event of one partner's death.
• Pay down the mortgage or other loans if one's spouse dies.
• Provide a lump sum of money for family to continue living a similar lifestyle after you are gone.