Term life insurance provides coverage for a specific period of time, or "term" of years. If the insured person dies within the "term" of the policy and the policy is still in force active , then the death benefit is paid out to the beneficiary. This type of insurance typically allows clients to initially purchase more insurance coverage for less money premium than other kinds of life insurance.
Primerica's "Buy Term and Invest the Difference" philosophy encourages clients to take this "difference" in premium and invest it for the future. If anyone is depending on your income or if you have obligations debt, mortgage, etc. Life insurance acts as a substitute for income. Have you ever calculated how much you'll earn in your lifetime?
Typically, over the course of your working years, the answer is usually "a fortune. With the latest technology and underwriting process ii , we can offer clients an easier, straightforward and convenient way to purchase term life insurance — all with the personal support of our licensed Primerica representatives. A local representative is ready to help you find the best term life insurance product for your unique needs. You need term life insurance. A common misconception about life insurance is that it is a permanent need for each family.
Many financial experts see life insurance as a tool to "buy time" until you accumulate savings — and not as a permanent fixture of your financial life. Term life insurance is generally much more affordable in the initial years to provide the right amount of coverage you really need for your family. Primerica's life insurance companies offer affordable term life insurance protection ranging from a year level premium policy all the way up to a year level premium policy ii.
The recognition received by our life insurance companies reflects our dedication to deliver term life insurance products to our clients. You can buy large amounts of coverage for modest amount of money — and big policies are what your spouse and children need. Many employers carry a group life insurance policy for their employees.
