Term life insurance provides financial protection for your loved ones if you pass away during the policy’s term—helping cover major expenses like a mortgage, education, or daily living costs. It’s an affordable way to ensure your family maintains financial stability during a difficult time. For anyone with dependents or financial obligations, it’s a simple but powerful tool for peace of mind.
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What is term life insurance?
Term life insurance is a policy that lasts a set term — usually between 10 and 30 years — and then it expires.
You make premium payments in exchange for coverage. If you die during your policy’s term, the insurer will pay your beneficiaries a tax-free sum of money called the death benefit.
At the end of the term, your coverage will expire (unless you renew your policy).
Term life is the most affordable way to provide a financial safety net for your loved ones.
