Term Life

Term life insurance is sold to provide temporary protection. The benefit is payable only if the policyholder dies within a specified period of time.

People use temporary life insurance as a means of enhancing their permanent life insurance protection. It provides additional life insurance protection during their working years to ensure the lifestyle of their dependents in the event of their untimely death, to cover certain indebtedness, such as a home mortgage, or to provide funds for a college education for a dependent.

Term life insurance offers temporary protection and comes with a guaranteed conversion privilege that allows you to convert your term plan to a whole life plan without evidence of insurability. This offers you great flexibility should your insurance needs change over time.