$2.17 for Children or Grandchildren
$1* BUYS $100,000
Term Life Insurance for Adults
It’s easy to buy! It is simple to understand. No agent will visit and there is no medical exam—just a simple application. It’s hassle-free.
Peace of mind for you and your family Feel secure knowing that money will be there for credit card bills, home and car loans, children’s and grandchildren’s future education and even your medical and final burial expenses.
Life insurance that fits your budget Choose the right coverage amount to fit your monthly expenses.
$1* BUYS $30,000
Whole Life Insurance for Children
Take the first step towards a financial head start for your child or grandchild Your child’s policy builds cash value for the future.
Benefits never canceled or reduced Once approved, your benefits will never be reduced or canceled regardless of changes in age or occupation.
Rates are guaranteed to stay the same for life The monthly rate is based on your children’s or grandchildren’s present age and is guaranteed to stay the same for the rest of their life.
Term Life Insurance
What is Term Life Insurance?
Term life insurance provides coverage that guarantees the payment of a death benefit for a specific amount of time that usually ranges from one to 30 years. These policies are commonly bought to provide financial protection at a certain time in someone’s life such as after buying a new house, getting married or welcoming a new addition to the family.
After a term life insurance policy’s term expires, the policyholder has several options including, renewing the policy for an additional term, cancelling the policy or converting it to permanent coverage like a whole life policy. Term life insurance is a popular option because of its flexibility and cost savings as these policies typically have lower premiums than other types of life insurance.
The Importance of Term Life Insurance
When you purchase life insurance, you are making a plan to be sure your family will be safe from the effects of losing your contribution to the household income.
When families make the decision to purchase term life insurance, they are often in the process of experiencing a major life-altering event such as getting married, starting a family, or purchasing a home. In fact, there are many good reasons for purchasing a term life insurance policy. And most of us, at some point in our lives, will realize that owning term life insurance is very important to ensure our sense of security.
Can you even imagine the anxiety of driving on the freeway without auto insurance? All of us know that at some point an accident is almost inevitable. But if you have auto insurance, your car will be repaired, and your medical bills will get paid. Term Life Insurance works the same way. It ensures that your family will have preplanned financial assistance to help offset the loss of your earnings while adjusting to the emotional difficulties and financial consequences of your untimely departure.
Since its inception, insurance has been all about transferring risk, thereby avoiding the anxiety of potential loss. When you purchase life insurance, you are making a plan to be sure your family will be safe from the effects of losing your contribution to the household income. You want to be sure that your family won’t have to uproot their lives and change their living standards in the event their income level is affected by your premature or unexpected death. And you can continue driving through the highway of life, without having to suffer the anxiety of wondering what will happen to those who depend on your earnings.
Tangible Expression of Love and Concern
People have suffered deep feelings of remorse and regret when they became ill and realized their loved ones were not going to be financially protected after their premature death.
Most people really do not want others to be held responsible to pay off any outstanding debts that were incurred during their lifetimes. A life insurance policy makes good sense because the proceeds can help pay money owed, such as credit card debt, leaving your loved ones in a better financial position.
It is not morbid to responsibly remember that the tax-free proceeds from life insurance will provide your loved ones with a tangible expression of your concern and thoughtfulness.
Thinking about your own mortality is not pleasant, and some people try to avoid contemplating thoughts of their own demise. For example, as
W. Somerset Maugham said: Dying is a very dull, dreary affair. And my advice to you is to have nothing whatever to do with it.1
It is, as if by avoidance, we can delay having to face the fact that dying will happen to all of us. Our routines continue and we make new commitments while not knowing whether our deaths will be premature.
In contrast, imagine the security of knowing that by purchasing life insurance, we are setting an example of responsibility and caring. There will be cash to help pay for a wedding, help with a down payment on a home, or even funds to help finance an education. Think about it. A term life insurance policy will provide you with the actual ability to have a positive influence on the future of those you love.