Choose term life insurance from Team today
There are many types of Life Insurance available on the insurance market, and choosing the right policy for you can be overwhelming. We at Team Insurance work with multiple carriers nationwide to deliver you the best Life Insurance solutions and help you to choose the policy that is perfectly tailored to your individual needs. See if term life insurance is the best fit for you today!
Term Life Insurance is the most suitable for you if you have a specific need or timeframe in mind. For example, if you are paying off a mortgage or children’s college expenses. If you are good with your finances, but you know that you have big expenses coming for a particular length of time, Term Life Insurance will be right for you. If you are looking for the policy which lasts your entire life, then visit our Whole Life Insurance policy options. Speak to our experienced agents today and let us help you choose the policy you need.
Things to Consider:
Different carriers have the plans available for different ages, and the policies can be customized to last for set term lengths, with the most common being 10, 15, 20, and 30 years. During the length of your term, the insurance benefits will not fluctuate, which will give you peace of mind that you are protected.
Discover Common Coverage Options
Level Term Life Insurance
The basic Term Life Insurance policy offers life insurance for a specific period of time with a fixed premium amount for the duration of the term. The length of terms varies depending on the provider and the policy. Speak to our representative to find out what Term Life Insurance policy will be suitable for your needs. Because the premiums are usually higher for insuring someone who is older, if you are looking for a Term Life Insurance for a longer duration, it may lead to higher monthly premiums. Many people choose this Term Life Insurance plan because it is easier for them to budget, having fixed premiums and fixed benefits.
Renewable Term Life Insurance
Some Term Life Insurance policies will offer you coverage for a shorter period of time, with the opportunity to renew the policy once the term is over. Every time you renew the policy, however, your new premium will be calculated based on your age, so you might have a situation where you pay higher premiums after you renew your policy. Because the premiums are rising, people often choose to select a renewable policy with the longest term length, for convenience.
Convertible Term Life Insurance
Your financial goals change from time to time, and having a policy you can convert to a Whole Life Insurance is a good solution if you want to have flexibility. The policies that allow you to convert your Term Life into a Whole Life insurance usually have a specific window during which the conversion can be arranged. Moreover, you should be ready to pay higher premiums after your policy is converted. Speak to one of our experienced agents to discover your policy options.
Get in Contact:
Term Life Insurance is less expensive than other life insurance options, and it can provide the necessary protection for your family. Get in touch with us today to receive your fully customized insurance quote. Discover the different coverage options and see how we can make a difference in your life!