What Is Term Life Insurance?
Term life insurance provides coverage at a fixed rate of payments for a limited period of time — the relevant term. The term (the length of time your premiums remain the same) is typically chosen based on the number of years your family would be vulnerable if you were no longer there to provide for them.
Term life insurance may be the right fit if you are looking for:
- Guaranteed coverage for a specific amount of time or to cover specific financial obligations
- Affordability and level payments that are guaranteed not to change
- A complement to an employer’s life insurance plan
Not sure which life insurance is right for you? Call Karen at (765) 265-5060 or Angela (765) 265-0800 — they will lay out every option, with the pros and cons of each.