Term Life Insurance
Term life insurance is an affordable way of adding financial coverage to protect your family while helping to make a positive impact on future plans.
A term insurance policy is set for a fixed period of time or the term, typically 10, 20, or 30 years with flexibility in the amount of coverage. Due to the fact of the usual shorter and more defined coverage periods, these policies tend to be less expensive than other insurance products.
As with most insurance products, the younger you start the coverage, the less expensive it may be. Those affordable premiums can make term insurance a great strategy to use in building the protective layer of your financial portfolio.