Term Life Insurance

Ideal candidates for term insurance are generally the young, growing families or businesses that have a substantial need for insurance protection for a defined or determinate period of time.

Term Life Insurance provides:

• Affordable coverage for a specified period of time
• Death benefits are tax-free to beneficiaries
• Affordable way to cover debt obligations such as tuition, mortgages, bills and more

Benefits of a Term Life Insurance policy:

• Low initial premiums
• Variety of premium lock-in options, including 1, 5, 10, 15, 20, and 25 years
• May be convertible to permanent coverage regardless of your health

Term life insurance is probably the simplest and most cost-effective type of insurance you can buy. It provides the highest amount of death benefit at the lowest initial cost for a specified period of time - usually 30 years or less.

Elements to Consider:

• Premiums may increase after the guarantee period expires
• Coverage may terminate at the end of the policy term, regardless of whether the need for coverage still exists
• Does not generate cash or loan values
• Can be purchased to supplement more permanent policies

Interested in a quote right now? Take a look at our MYTerm^SM product.

If you are interested in a more traditional analysis give UIG a call toll free at (800) 218-7501 or email us. We will meet you at any of our convenient branches.

Insurance products provided by Union Insurance Group, LLC (UIG):