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Term Life Insurance Basic Choices

TERM LIFE INSURANCE


Things to consider with Term Life Insurance

Term life insurance is a cost-effective choice if you face growing responsibilities on a limited budget, expect your financial responsibilities to decrease after a limited period or want to free your funds for other uses.


Term life insurance provides a level term death benefit with available guaranteed periods of 10, 15, 20, 25 and 30 years. Term death benefits and guaranteed periods of 20, 25 and 30 years.


Insurance that protects


Loans: Term life insurance proceeds can help pay off your mortgage if you or your spouse were to die. And a mortgage isn’t the only financial burden your family may face when you die. Term life insurance proceeds can also help pay off car, business or personal loans.

Education Expenses: Your children’s educational needs can increase your family’s financial needs. You may have already borrowed some or all of this expense. With term life insurance this budgetary need may be fulfilled.

Financial Stability: Term life insurance proceeds provide a source of income for your family when they need it most.


Protection that saves


Starter CoverageTerm life insurance provides economical coverage for a specified period of time, such as 10, 15, 20, 25 or 30 years. You choose the coverage period that suits your family’s needs and financial budget.

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