Showing Tag: "is term life insurance good" (Show all posts)

Is Term Life Insurance Good?

Posted by hadley hadley on Monday, September 14, 2020, In : Life Insurance FAQ's 
Wondering if term life insurance is right for you and your loved ones?

Actually, term life is a good option for many people today.

  1. If you have a need for life insurance to last for a period of 30 year or less, then term life is good.
  2. If you need the most life insurance at the lowest cost, you may want to consider term insurance.
  3. If you have a family and are on a budget, then term life may be right for you.

Find out
if term life insurance is good for you and your family.


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What is Term Life Insurance Good For?

Posted by hadley hadley on Friday, August 7, 2020, In : Life Insurance FAQ's 

If you are considering the purchase of a term life insurance policy, you probably need protection lasting for a period of thirty years or less.

Term life is temporary protection which means it lasts for the duration of your policy "Term". A term for term life coverage may be for 10, 15, 20, 25 or 30 years, usually.

Many people buy term insurance to provide protection for their family to replace their income, pay off the mortgage loan, or other debt they leave behind.

Term life offers the lowest ...


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How Long Is Term Life Insurance Good For?

Posted by hadley hadley on Tuesday, August 13, 2013, In : Life Insurance FAQ's 

Term life insurance will usually provide coverage as long as premiums are being paid.

Most Term life policies are annually renewable after the term of your policy ends. The prices are very high at renewal, but if you choose to pay them, you will still continue having life insurance coverage.

If your term life policy does not offer the renewable provision, your term policy will end when the years of the term have passed.

For Example: If you took out a 20 year Term life insura...


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