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Affordable Term Life Insurance Just For You

The easiest life insurance to understand, and the lowest cost to buy, is term life insurance. Affordable term life insurance provides straightforward death benefit protection without any expensive “cash value” or investment component add-ons.

Your term life insurance policy will offer level premiums for your choice of 10, 15, 20 or 30 years, during which the premiums are guaranteed not to increase. As long as you pay your premiums on time, the company cannot cancel you.

At the end of the term, the policy may be renewed for a higher premium. Some policies are guaranteed renewable at the end of the term, regardless of the health of the insured at the time. That can be an especially valuable stipulation for one who is older when a term expires. Similarly, some term policies are convertible, that is, the owner has the right to convert to permanent life insurance without providing proof of insurability. If the insured dies during the term, the death benefits are paid to the beneficiary without any complicated process or rules. It does not get any easier than a term life insurance policy, plus it is the most affordable type of life insurance.

How do I decide the number of years (term) to choose for my policy?

Choosing an initial rate guarantee period is easy. Simply match the period of time you will need coverage to the available rate guarantee period. For example, if your children are young or you have decades to go on your mortgage, look at 20 or 30 year term life. If your children are leaving the nest and your home is paid off or nearly paid off, perhaps a 10 or 15 year term might fit the bill.

Let Eagle Financial Group thoroughly discuss all of your options and find you the best affordable term life insurance quote that will protect your family. Contact one of our Life Insurance Representatives at (800) 205-7203 today or click here to “Request a Quote!”

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