What Do I Get When I Buy Term Life Insurance?

What do you get when you buy a term insurance policy?

Term life insurance gives you life insurance protection for a specific number of years.

Term life is a temporary life insurance plan.

If you pass away during the term of your policy, your beneficiary receives the proceeds, usually free from federal income tax.

If you outlive the term of your life insurance plan your coverage ends.

Term life insurance provides protection for 10, 15, 20, or 30 years, depending on the term you choose.

Term life usually costs 2-3 times less than permanent life insurance, because it is temporary, and builds no cash value inside the policy.

Here's how to buy term life insurance.

NEW! Here’s How to Buy up to $500,000 of Term Life
Insurance without any Medical Exam,
Just a Few Health Questions.