Term life insurance is usually the easiest to understand: You select how much and how long of a life insurance policy you want. As an example, you choose $100,000 in coverage for 10, 20 or 30 years. Your premium is typically billed in monthly or yearly.
Term life insurance can be considered for those wanting:
- Assistance with family’s loss of income
- Cover immediate debt necessary
- Help offset a single earners salary while raising children
- Help paying a mortgage or covering college tuition
Benefits of a term life insurance policy:
- Fixed premium
- Set monetary benefit
- Terms of up to 30 years
Only you can decide if a Term life insurance policy is right for you. Talk to an agent in our office today to discuss you options. We offer many types of life insurance policies. Call today at 310-280-0946
