Term Life Insurance
Term Life Insurance Insurance is best suited to people who need protection for a specific time frame. It is the least expensive type of life insurance protection.
Many people buy 10 or 20 year term insurance. The cost of this coverage will increase every ten years and the contract will eventually be terminated leaving the person without life insurance coverage.
What's right for you? A Needs Analysis will determine how much protection your family requires and whether your need for life insurance protection is temporary or permanent.
Term life insurance is the most commonly used protection for large debts like a mortgage.