Term Insurance to meet a temporary need
Term Insurance is the low-cost, temporary insurance protection. It is generally
used to meet a temporary need (example - mortgage protection) or a need for a large
amount of insurance at the lowest possible initial price.
Important things to consider when buying term life insurance:
The renewal period. If it's possible that you will need your coverage after the
first renewal period (after 20 years for 20-year term or after ten years for ten-year
term), be sure to compare both the initial premium and the renewal premium and confirm
whether the renewal rates are guaranteed at the quoted level. What would happen
if your health deteriorated since you purchased your insurance and you still need
life insurance - are you locked into high renewal rates?
We can provide: Getting life insurance online is now stress free.