YOUR LIFE IS OUR BUSINESS

Term insurance is life insurance that remains in effect for a specified period of time, or "term", after which the coverage expires. The period may be 10 years, 15 years, 20 years, or 30 years.

Most term insurance policies can be renewed or converted up to a specified maximum age with no additional medical requirements needed in order for the insured to prove he or she is still insurable. This can be a tremendous benefit since anyone can become uninsurable at any time, without warning.

When a term policy is renewed or converted, the premium is adjusted upward based on the insured's age at the time of renewal or conversion.

Term Life Insurance offers affordable coverage that pays only a death benefit. Unlike Universal Life Insurance, Term Life Insurance builds no cash value, and therefore does not have a "savings" element.

Back to Life Insurance