TERM INSURANCE

Term life insurance provides low-cost coverage options, ensuring that your loved ones are protected.

Life insurance does not always demand a lifelong commitment. Term life insurance provides low-cost coverage options, ensuring that your loved ones are protected when it is required the most. It provides you a fixed amount of insurance for a specific period of time, which could be 10, 15, or 20 years or more. You have the option of specifying the amount of time required. Term insurance is a type of life insurance that protects you for a given period of time or a specified term of years. It is extremely beneficial for anyone that has a mortgage to pay on their home, runs a business, wants to protect their income, or has dependents. Term insurance is the most cost-effective way of putting coverage in place.

Coverage Matters is associated with all the major insurance companies. This allows Coverage Matters to have access to the best products and rates in the market. There are various term insurance options in the marketplace. It is important to understand the options available and which term makes the most sense for you.

Benefits of Term Life Insurance:

It is simple to understand and provides medical coverage at affordable rates.
Coverage options are available up to $10 million.

Ensures a tax-free payment to the beneficiary, in case of your death while the policy is effective.
It provides financial protection that you can customize to meet any of your needs like debts, funeral expenses, mortgage or rent, child-care costs, or other living expenses.
You can convert your policy into permanent or universal life insurance before the age of 71, without any health questions or a medical exam.