Have you ever encountered an unexpected illness? Have you ever wondered what would happen to your loved ones if you suddenly, unexpectedly passed away? This is where American Insure-All®, a term life insurance company in Burlington, could be of assistance.
While death is still a touchy subject for most, it’s something you should mentally, emotionally, and physically prepare for, especially as you age or develop health problems. Anything could happen, and you don’t want to leave your loved ones to cope with both grief and leftover finances.
Term life insurance is coverage over a specific period of time. Where whole life insurance covers the entirety of someone’s life, term life insurance could cover anywhere from one to thirty years, depending on their specific needs. For many, term life insurance is a short-term option that’s not only cheaper than whole life insurance but also covers the financial burdens that a family might be left with for a short period of time after the death of someone close.
There are Different Term Life Insurance Coverage Policies for Different Needs
Like many other life insurances, term life insurance requires a monthly, bi-monthly, or annual payment for the coverage policy to remain current. In the event of the policy holder’s death, the beneficiaries will receive a payout, known as a “death benefit.” This will cover expenses for a short time ranging from everyday necessities, like groceries and bills, to funeral costs and unpaid debts.
Policyholders can customize their term life insurance cover. Of course, there’s a basic foundation of coverage, but you can add to your policy over time with additional benefits.
Call Us for Information About Term Life Insurance!
At American Insure-All®, we take pride in being a reliable term life insurance company in Burlington. With us, there’s trust, great coverage, and an understanding of our policy options and rates. Looking for more info? Call us at (888) 411-AUTO to discuss your options!