Lets say you have a house with a 30 year mortgage a 48 month auto loan and a college fund youll start using in 10 years. You are the backbone of your family but what happens when youre gone.
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For peace of mind.
Term life insurance policy. Term insurance is a life insurance product offered by an insurance company which offers financial coverage to the policy holder for a specific time period. You have a growing family and the financial obligations that come with it. After that period expires coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions.
It offers a high cover amount at a nominal premium that is you as the insured or life assured pay a small amount as premium for a certain period or tenure and in case something unfortunate occurs your family or nominee is given a large lump sum amount called the sum assured or cover so there is no compromise on lifestyle. A term plan is the most basic form of life insurance. Which sells life insurance comparison software to thousands of life agents throughout the us.
Term life insurance what it is how it works top company instant term life insurance quotes traditional return of premium no exam 1 888 587 8511. Term4sale does not sell term life insurance it is owned by compulife software inc. Discover the best policy to meet your familys future needs.
A life insurance policy can help provide your family with the money they need to help cover debt and other expenses they may encounter in your absence. Term life insurance is one of the most affordable types of life insurance making it easier for you to provide protection for your family. Term life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time the relevant term.
Life insurance is a contract between an individual and an insurer wherein the insurer guarantees to pay a certain sum of money sum assured in case of the insured individuals death or at the end of a pre determined policy term. Instant term life insurance quotes from the rates of over 100 life insurance companies.
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