Term Life Insurance

When you need life insurance coverage for a limited amount of time with a fixed rate of payments, term life is the right choice for you.

Types of Term Life Insurance:

  • Simple Term (no ParaMed exam required)
  • Level Term

This is the most affordable policy you can obtain to make sure your loved ones are appropriately covered. Policies can last 10, 20 or 30 years. Depending on your situation, we can help determine what you may need. Term life is strictly a “death benefit” that pays out if you pass away during the term in which you are covered.

Benefits of Term Life Insurance

Once term insurance is obtained, if you get diagnosed with an illness or cancer and cannot obtain any insurance anywhere else, our term insurance policies give you the power to convert to a permanent insurance policy without any medical question or reevaluation! The rate, however, will be based on your current age. So if at the end or in the middle of your term you decide to extend your coverage longer, you can do so by converting to one of our permanent insurance products like a Universal Life policy for example.

Discuss your life insurance options with one of our agents. We can make sure that your family will be provided for after you have passed away. Different people have various situations with many people that they need to provide for. Term life insurance will give you the security that you need. Give our Rafail Insurance Group a call to schedule an appointment with one of our agents a call today.