TERM LIFE INSURANCE OFFERS AFFORDABLE PROTECTION

Term life insurance provides financial protection for a set period of time—typically 10, 20, or 30 years.

Decreasing term life insurance is a type of policy where the coverage amount (death benefit) gradually decreases over time, usually in line with a specific financial obligation, such as a mortgage or loan.

Increasing term life insurance is a type of term policy where the coverage amount (death benefit) increases over time, typically in increments, while the premium remains level for a set period

Group term life insurance is a type of life insurance coverage offered by employers or organizations to a group of people, typically at a lower cost than individual policies. The coverage is usually provided as a benefit to employees or members, with premiums often paid by the employer.

Renewable term life insurance is a type of term life policy that allows you to renew your coverage at the end of the term without needing a medical exam, regardless of your health condition. This option provides flexibility, as it lets you extend your coverage for another term, typically at a higher premium due to your age.

Modified term life insurance is a type of term life policy where the premiums are lower in the initial years and gradually increase after a set period, often 5 or 10 years. This structure allows policyholders to enjoy more affordable premiums in the early years of the policy. 

Supplemental term life insurance is an additional coverage option that complements an existing life insurance policy, typically provided by an employer or another primary policy.

Increasing term life insurance is a type of term policy where the coverage amount (death benefit) increases over time, typically in increments, while the premium remains level for a set period

Return of Premium (ROP) term life insurance is a unique type of term policy that refunds all the premiums you’ve paid if you outlive the policy term. Like traditional term life insurance, it provides coverage for a set period (such as 10, 20, or 30 years).