Affordable Life Insurance Protection for Your Family
One of the main advantages of term life insurance is that it has much lower premiums than most other types of life insurance protection, such as whole life insurance.
Because a term life insurance policy is temporary, the chances of the death benefit being paid out are much less than with a permanent life insurance policy. That means a big savings on your monthly life insurance bill.
The death benefit of a term life insurance policy is only paid if the insured person dies during the term of the policy.
Term life insurance policies don't offer you any cash values. Term life insurance policies are used for only for protection - not for investment purposes.
The Advantages of Term Life Insurance
A term life insurance plan protects your family when you can't be there provide for them. There are several advantages of term life insurance, including:
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