Term Life Insurance is essentially as it sounds – providing insurance coverage for a specified term of time. Its appeal is providing large amounts of insurance protection at a lower cost. Generally the longer the term, the more costly it becomes.  For individuals with temporary needs – it’s ideal for things like mortgage insurance, or business debt loan collateral. This is common for young families where there is a need for a low cost alternative for the years where dependants are most vulnerable. It may also provide a great opportunity to move or convert to Whole Life Insurance or Universal Life Insurance at a later time without requiring new verification of medical status and lifestyle conditions regardless of your health.

Contact Us for more information about how this could work for you.