5 Year Term Insurance

Usually “term life” is purchased to replace an income so that if the insured dies others will have funds to maintain a similar lifestyle. 5 year term life insurance is issued for a 5 year term of time. The premium remains the same for the whole 5 years. Why and who would purchase life insurance for such a […]

10 Year Term Insurance

10 year Term Life Insurance is the kind that gives you the most protection for your dollar. The premium will remain level for the full 10 year period. The premium is guaranteed not to increase and the coverage will not decrease during the 10 years. 10 year term insurance does not accumulate cash to pay premiums later when mortality cost […]

20 year term insurance

So you wonder if  you need term life insurance for 20 years… You can choose from several terms of life insurance, 5 year, 10 year, 15 year, 20 year, 25 year, 30 year or even longer more. It might seem difficult deciding which plan you need. It is important to do some planning before you choose. 20-year term life insurance, like all term […]

30 Year Term Insurance

Many folks purchased life insurance when their family was young and often bought the term that fit their budgets, with policy coveage that lasted 10,15, or 20 years. But when the policy period ends what do you do?  Good planning is in order when you buy. What will happen when the term runs out and you want […]