Term Life Insurance
Term life insurance provides coverage for a specific period of time—typically 10, 15,
20, or 30 years.
It’s often used when a larger amount of coverage is needed for a set period of time,
offering a more cost-efficient way to protect your loved ones, cover major financial
responsibilities, or support business needs.
Many term policies may also include living benefits, which can provide access to
funds if you experience certain qualifying health events—helping with medical bills
or other unexpected expenses.
At the end of the term, coverage may expire or may be eligible for renewal or
conversion, depending on the policy.
