10 advantages of term life insurance
Term life insurance is among the devices that people should consider when they want to provide an immediate estate for loved onces after their death. Although term insurance is not always the most effective type of life insurance for all of a client’s death benefit needs, it can be useful in many circumstances. Since term insurance is not just one product, but rather many variations on a general theme, different types of term insurance are indicated for different client needs. Keep in mind, term insurance, more than any other type of insurance, is pure death protection with little or no ancillary or lifetime benefits. Therefore, the two overriding considerations in the use of term insurance, regardless of the specific application, are Will death protection alone meet the need? Will the coverage last as long as the need? In short, with term life insurance — as with any other decision about appropriate coverage — the product must match the problem. Term Life Insurance Ad