Term Life Insurance


Term Life Insurance is typically the most common type of life insurance purchased because it tends to cost less than cash value life insurance policies such as Universal Life (often referred to as UL) and Whole Life Insurance (Often Referred to as Permanent Life Insuranceor Ordinary Life Insurance).

The protection offered by Term Life Insurance is for a designated “term” of time, typically for 10, 20 or 30 years. It is a smart choice for ensuring your loved ones would be okay financially if you, the insured were to pass away unexpectedly during the years when you have high cost liabilities such as a mortgage or young children who haven’t gone to college yet.