Life Insurance

Term Life insurance overview

Term life insurance provides coverage for a specific period of time. Term life is used purely for insurance purposes and does not hold or accumulate any cash value. It can be used for personal and business purposes. Three main variables are taken into consideration in Term life insurance: insurance length of time, the amount to be paid, and the risk/cost to the insurance company of providing the insurance services.

Benefits of Term Life insurance

Lowest insurance premiums than any other insurance product.

Protect family member in case of the death of the policy holder – enables family to maintain preexisting life style and / or pay off house mortgage responsibilities.

Protection for business partners who may want to insure against business failure due to death of one of the partners.

Peace of mind for the insured, knowing their dependants and loved ones are protected in case of death or an accident.

Term Life insurance
Whole Life insurance
Universal life insurance

Life Insurance

Term Life insurance overview

Benefits of Term Life insurance

Frequency

Performing