Term life insurance quotes, rates online

Term Life Insurance

Term life insurance policies are designed to provide temporary protection at an affordable cost particularly in the earlier years. The contract between the policy owner and the insurance company is for a specific period of time or "term." Term policies deliver pure death benefit protection and appeal to those seeking cost-effective, temporary coverage.

Who need it?

.	People with a temporary need for life insurance protection.
.	Those who need a large amount of insurance protection, but have limited budgets.
.	People with specific business needs (e.g., business owners who want to cover the life of a key employee who has a set number of years until retirement).

Why Do You Need Term Life Insurance?

.	It may cover your family's immediate financial concerns at a lower out-of-pocket expense.
.	It may help to protect and maintain your family's standard of living.
.	It may create a valuable emergency fund for unforeseen expenses when your family needs it most - at the insured's death.
.	It may clear any short-term debt, such as credit card debt, that has accumulated over time to give your family a "clean financial slate."
.	It may ensure that your family can pay the monthly mortgage.
.	It may safeguard your children's education costs.
.	It may pay off any outstanding personal and business loans.
.	It can fund a buy-sell agreement for a start-up business to help provide for an orderly change of business ownership.
.	It can supplement current permanent life insurance coverage until more can be purchased.

Coverage & Benefits:

.	Provides protection for a specific term (typically one, five, ten or twenty years)
.	Produces a death benefit that is generally free from income taxes
.	It is often renewable after the policy term without evidence of insurability
.	Usually costs less than permanent insurance in the short-term
.	Can usually be converted to permanent insurance with the same company during part of the life of the policy

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