The Benefits of Term Life Insurance
Flexible & Easy-to-Use Not only can you choose any term from 10 to 100 years, but premiums and full coverage are guaranteed for your entire term. You also have the option to renew your policy at end of term, and if you pass away within your term period, your beneficiaries will receive your policy benefit tax-free. Convertible The option to convert your policy into a permanent or universal life insurance plan is easy to do. Budget-Friendly Term life insurance costs are generally lower than other types of life insurance and make a great solution for new and growing families. The Best-Fit Choice for You When selecting term coverage, you want to be sure you sign up for a plan that provides the best solution for your situation and requirements. Term insurance is best-suited for temporary protection for or help with:
- Short-term debts and expenses
- A family loss of income
- Providing additional insurance during child-raising years
- Delivering longer term protection to pay off a mortgage or plan for post-secondary education
Have more questions about competitive pricing and versatile plans? Contact a hero today for a complimentary term life insurance quotes and more information.