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WHY BUY TERM?

 

Q:  Why Should I Buy Term Life Insurance?

 

A:  Allows You the Ability to Complete Your
Families Needs if you Die

 

Parents today have goals and dreams. Buying a home, saving for

their children’s education,  retirement savings. Term Insurance

policies can make certain that if that parent(s) dies prior to

fulfilling these plans,that the funds will be available to complete

them.

 

The Concept is Easy to Understand

 

Buy it, pay for it and your family’s security is not at risk while it is

growing. Insurance remains level during the term you purchase the

insurance, whether it be for 10, 20 or 30 years.

 

Easy to Buy Online

 

With the internet, you can now buy your term life policy

in the comfort of your home and can easily compare companies and prices online without pressure or obligation.

 

Convertible to Permanent

 

Most term life policies are renewable and convertible.You can continue your policy at its term date for, say, 

another 10 or 20 years, based on your attained age.You can also convert your term life policy to apermanent

plan of insurance at anytime during the term period, if your need for a death benefit at a later age is required.

 

Be certain to check with your agent or carrier if these benefits are available.

 

Accelerated Death Benefit

 

Some companies will allow you to purchase a rider that allows you to collect a portion of your benefits while still alive if diagnosed with a terminal illness.

 

Waiver of Premium Rider

 

This additional rider waives premiums when you suffer a disability lasting six months or longer. You continue paying where the company left off paying for you when you return to work or are not disabled any longer. Check with your carrier for their maximum age limit to buy this rider.

 

Accidental Death Benefits

 

Most people are familiar with the phrase “Double Indemnity”. An Accidental Death benefit rider provides double the death benefit of your policy proceeds in the event of death resulting from an accident.