Traditional Term Life Insurance Is
Simple and Straightforward.
With a term
life insurance policy, your designated beneficiaries
receive one lump sum payment for the entire coverage
amount you purchase, if you die while the policy is
in-force. For example, if you have an in-force 20-year
term policy with $300,000 in coverage benefits, and you
die during that 20-year period, your beneficiaries will
receive a
tax-free
death benefit of the entire $300,000 to invest as they see
fit to help replace your salary.
Why Traditional Term Life Insurance?
Because it
is one of the easiest, most affordable ways to help secure
the important protection your loved ones need and deserve.
It gives you the peace of mind that comes from knowing
that they will be taken care of, even if you are no longer
here to provide for them.
Traditional Term Life Insurance Is
Affordable.
Because term coverage is simple
straightforward protection, and because there are no
savings or investment functions associated with a term
policy, there are no extra expenses or fees to cover those
types of services. Your premiums purchase “pure” life
insurance protection.