What is death benefit term life insurance coverage?
Term life insurance is temporary insurance that provides coverage for a limited number of years.
Term life is death benefit coverage only, with no cash value or investment feature
Term Life only provides a death benefit.
That's why it is referred to as "Pure Protection".
If the insured person dies during the term life policy term, while coverage is In Force, the death benefit is paid out to the beneficiary of the policy, subject to any exclusions stated in the policy.
Learn more about death benefit term life insurance policies and how they work.
