| TERM Life Insurance |
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Term Life Plans provide an affordable way to help you protect your family’s financial future. You choose the coverage and term that meets your needs. Terms are for 1, 5, 10, 15, 20, 25, or 30 years.
No rate increases You can protect your family at a fixed rate that is guaranteed not to increase for the term of the policy.
A term life insurance policy may be defined as a contract that provides protection for a limited number of years, the face amount being payable only if death occurs during the stipulated term, and nothing being paid if the insured survives the stipulated period. Term insurance has no cash savings value and has also been defined as temporary or pure protection. Since it provides pure protection only, it furnishes the maximum amount of insurance for the lowest price.
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