Frequently Asked Questions about Term Life Insurance
- How are term life insurance rates (premiums) calculated?
- How much term life insurance do I need?
- How can I save on term life insurance?
Why get life insurance?
Life is full of unexpected events that can create large financial losses. Term life insurance provides the following benefits:
- Replaces the income you would have provided
- Meets important financial needs
- Helps pay the mortgage and run the household
- Ensures that your dependents are not burdened with debt
- Pays funeral expenses
- Continues a stream of income for your loved ones