Life insurance can provide very affordable insurance protection
because its premiums are initially lower than other alternatives.
But, its cost will increase over time and it does not provide
lifetime coverage. It offers the flexibility to adjust your
coverage to suit your needs over time.
does it work?
select the term that covers the time you need temporary coverage.
Depending on the insurance company, many options are available
coverage periods of less than 10 years
coverage periods of 20 years or more
ability to renew terms up to the age 75 or 80.
premiums are guaranteed to stay the same for the term that you
choose. A feature called renewability allows you to renew your
coverage for additional terms at an increased premium level.
You don't need to provide new or additional health or medical
information. The death benefit remains the same as long as you
continue to renew unless you choose to reduce it.
who want affordable protection to cover a temporary, often large,
need like a mortgage or business loan. It also offers a solution
for business owners who want to protect against the loss of
a key person in their business.
( A key person may be an owner, partner or employee who is vital
to the success of your business).
Term Insurance right for me?
need to protect some temporary obligations I have
(e.g., child's education, mortgage, loans)
need an affordable insurance option now.
budget will determine how much coverage I can afford.
you answered yes to many of these questions, term life
insurance may be the right choice for you. Call
506 214 5433 for pricing.
insurance has a convertibility option feature that lets
you switch to permanent insurance without
having to re-qualify by giving new medical evidence.