Who Buys Term Life Insurance?
Term life insurance policies may be a good choice for:
- New families and young individuals looking for the maximum life insurance protection at the most affordable rates.
- Single parents, those getting a divorce or already divorced, and widowers with a young family to raise.
- People who need inexpensive life insurance coverage in addition to other life insurance policies they may already own.
- Any individual, couple or family with short term life insurance needs for a specific number of years, usually from 1 to 30 years.
- Home owners and condominium owners looking to provide protection to pay off their mortgage in case they, or their spouse or partner passes away.
Next Tutorial - What are the Different Types of Term Life Insurance?
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