Term Life

Term Life Insurance Strengthen Your Family’s Financial Plan Life insurance is an essential piece of a robust financial plan. While there is no replacement for losing a loved one, Term Life Insurance can help protect your family in your absence. It supplies short-term coverage at a competitive price. Term Life Insurance can help fill temporary needs for those on a limited budget. Life insurance provided by your employer is a significant benefit. However, it may not be enough protection to provide for your loved ones. A term life policy can help supplement your existing coverage. Plus, you own this policy, meaning you can take it to a different job or retirement. Why You Need Life Insurance Consider the following expenses when choosing the right life insurance plan for you. Financial Protection for You During your working and earning years, when expenses are typically at their highest, Term Life Insurance is a great option. Premiums will remain the same for the initial term period selected. 2 The death benefit will not change for the policy’s life, and death benefits are generally paid tax-free. More than 100 million individuals in the United States don’t have sufficient coverage to provide their families with financial security in case of a tragedy.3 61% of adults in the United States have no individual life insurance.1 Nest Egg Estate Planning • Retirement Goals Income Replacement Mortgage/Rent • Other Loans Final Expenses Funeral Costs • Unpaid Medical Bills 61% Term Life Insurance 10, 20 & 30 Year 1LIMRA: Study Finds COVID-19 Spurs Greater Interest in Life Insurance; March 23, 2021; 2Rates will be adjusted on each renewed term period. 3According to the 2022 Insurance Barometer Study by LIMRA and Life Happens. LIMRA: 2022 Insurance Barometer Study, April 25, 2022; P10