Term Life Insurance Protect your loved ones’ future with insurance that adapts to your changing needs
As life evolves, your life insurance needs may change. º£½Ç±¬ÁÏÕ¾ term life insurance offers you the flexibility you need to change with it. If you are just starting out, term life insurance offers you an affordable life insurance solution for a beneficiary. But as life grows more complex, you may need or want to switch to a permanent policy for more long-term financial security and to pass on a legacy to those who matter most. Term life insurance has the flexibility to adapt when life changes.
What is term life insurance?
Term life insurance offers a simple, economical way to provide a tax-free payment to loved ones after you pass away. A term life insurance policy offers a death benefit for a set amount of time or term, typically 10-, 15-, 20- or 30-years. During the term period, your beneficiaries are protected for the amount of coverage you purchased. When the period ends, so does your coverage. º£½Ç±¬ÁÏÕ¾ term life insurance policies provide:
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Four term policy options: 10-, 15-, 20- and 30-year
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Guaranteed premium for the term period you choose
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Renewable coverage option: you may continue your coverage on a yearly-renewable basis after your policy’s term has ended
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Flexibility to convert to a º£½Ç±¬ÁÏÕ¾ permanent life insurance policy, with the same underwriting status as when policy was first issued
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An income tax-free death benefit
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Protection on one life
All guarantees are based on the continued claims-paying ability of the issuing company. Ask your advisor to learn more about a term life insurance policy.
