What is Term Insurance?

Term life insurance is life insurance that provides coverage at a fixed rate of payments for a certain period of time, the applicable term. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different amount of payments or different conditions.

Why Life Insurance is important?

Life insurance: Insure several purposes.
  ● To Protect your Family and Loved ones
  ● To Leave an Inheritance
  ● To Pay off Debts and other Expenses
  ● To Add more Financial Security
  ● To Bring Peace of Mind

The most important function of Life insurance is to replace the earnings that would cease at the death of the insured.

Employers purchase life insurance policies on key employees to insure against the loss of services or income that result after an employee's death.