GET HUGE LIFE COVERAGE WITH POCKET-FRIENDLY PREMIUMS AND POLICIES
Our organization provides you with the simplest, purest form of life insurance; Term Life Insurance. We offer you insurance, that provides coverage for a certain period or a “term” of years. We pay the policyholder’s family with a death benefit in case the insured person dies during the term.
HOW A TERM LIFE INSURANCE POLICY WORKS?
A term life policy is an agreement between you and us in which you pay us premiums for a period and in return, in the event of your death, we pay your family or the beneficiary you listed, a cash benefit amount. We will ask you to go through a medical exam and ask questions that will be related to your lifestyle, occupation, and other things. The higher the at-risk you are, the higher your policy rates will be. We calculate your premiums based on your health, age, and life expectancy.
All you need to decide is the period you want to go for. Our insurance agents will help you with that in an extremely simple manner. You should consider getting enough coverage so that we can help your family in case of your death. We also provide you with the option to divide your cash benefit between your loved ones. You don’t need to name only one person. You can also choose to name any trust, charitable organization, or a friend as your beneficiary. The premiums can be fixed, or you can extend or renew your life insurance after some time, depending on the type of your term life insurance.
TYPES OF TERM LIFE INSURANCE POLICIES
Our insurance agents will help you provide the best kind of term life insurance to help you pay your premiums and earn cash benefits according to your need and suitability.
· Level Premium: It is the simplest and most common type of policy. Your premium stays the same for your life and will not increase or decrease.
· Yearly Renewable Term: This policy will cover you for a year at a time, after which you can renew your term. This comes at a higher cost every year. You will gradually start with low premiums but your premiums will increase with time.
· Return of Premium: We will pay back all or a portion of your premiums if you live to the end of the term but in case you lapse your policy, or your financial status changes, the return of premium will vary.
BENEFITS OF A TERM LIFE INSURANCE
Our organization aims to provide its customers with the best kind of policies that are suitable for them. Our agents ensure that you hold such a term life insurance which will be beneficial to both you and your family.
· The term life insurance policies are the simplest forms of life insurance where you pay the premiums and obtain life coverage for the policy term you choose.
· You can renew your policy term without going through any medical examination.
· You can also lapse your term policy without worrying about pay-outs.
· We offer you tax benefits.
· We aim to provide you with huge life coverage at pocket-friendly premiums and term insurance.