Hoping that nothing will happen is NOT a plan?

Do You Need Term Insurance?

Term Life insurance does not need to be a part of every person’s estate plan, but it’s a must especially for parents of young children and those who support a spouse or a disabled adult or child. In addition to helping to support dependents, Term insurance can help provide immediate cash at death. Term insurance proceeds can pay debts, funeral expenses, estate taxes and of course replace income.

How does Term Insurance work?

When you buy a term life policy, an insurance company promises that it will pay your beneficiaries a set amount if you die during the policy’s term. In exchange, you pay a monthly premium to the company for the duration of that term.

The death benefit amount you choose at the start of your policy does not have an assigned use. Typically, these funds are used to cover funeral expenses, debts, mortgage or replace lost income; however, the death benefit can be used by beneficiaries in any way they choose.

You can buy Term insurance for 10, 15, 20, 25, 30 year time frames. Others are available but these are the most common. 

You can also add riders to your policy, riders are extra options for an extra premium that can included coverage for your children or that might return all your premiums at the end of your Term.

Ask yourself these questions

How many people depend on your income?

How much money would your dependents need for living expenses?

How long would it take for your dependents to be come self-sufficient?

How much money will be available immediately to pay for final expenses?

Will you owe any debts and taxes after your death?

What are your future financial obligations?

here is a few examples

Term is one of the most affordable insurance products available. You rates may be different then the ones shown below. 

$32

/month

40 year old FEMALE

Non-Smoker

$500,000 coverage amount

20 year Term policy

Preferred Class

$37

/month

40 year old MALE

Non-Smoker

$500,000 coverage amount

20 year Term policy

Preferred Class

Additional Riders you can buy

Return of Premium

Return of Premium

For an additional premium you can get all your money back. 

Children Rider

Child Rider

For an additional premium you can get coverage for your children without medical questions for them.

Accidental

For an additional premium you can add accidental coverage that can double the benefit amount. 

Don’t Wait…Get A Free Term Quote Now!

We will send you a quote for $250K, $500K & $1 Million for 10 year terms. If you need any other amounts or timeframes, please let us know in the comment section. 

If you have Questions, you can Speak with your local agent now

Daniel Vujinovic
Daniel - Senior Agent

Do you have Questions?

Book your Appointment now