Life Insurance

Term life insurance or term assurance is the original form of life insurance and is considered to be pure insurance protection because it builds no cash value.

Term life insurance provides coverage for a limited period of time, typically a term of between 10 and 30 years based on age and needs. If the insured dies during the term, the death benefit will be paid to the beneficiary.

Term insurance is often the most inexpensive way to purchase a substantial death benefit on a coverage amount per premium dollar basis.