TERM INSURANCE
Term insurance is a type of life insurance policy that provides coverage for a certain period or a specified “term” of years. If the insured dies during the period specified in the policy and the policy are active, or in force, a death benefit will be paid. With term insurance, you can get a lot of life cover (for example aggregate guaranteed) at a somewhat low premium rate.
Benefits:
- Easy to Understand
- Accidental Death Benefit Coverage
- Supremely affordable
- Higher coverage
- Tax benefits