When considering life insurance options, you’ll encounter the choice between permanent insurance and term insurance. Permanent life insurance, often known as whole life, provides coverage as long as premiums are paid. In contrast, term insurance is temporary and covers the insured for a specific period of time.
Let’s explore the situations where a term life insurance policy may be the ideal solution:
To learn more about your life insurance options, especially the benefits of term insurance, reach out to one of our independent agents. They have access to a diverse range of insurance companies and can find the best fit for your needs. Contact us today for a no-cost, no-obligation life insurance quote.