Term life insurance

Term Life Insurance is like car insurance, but instead of protecting your car, it protects your loved ones financially in case something happens to you.

• Term Life Insurance: Like car insurance, with term life insurance, you buy a policy to protect your family financially in case something happens to you. You pay a monthly premium, and if you pass away during the term of the policy (say 10, 20, or 30 years), the insurance pays a lump sum (called the death benefit) to your beneficiaries, helping them cover living expenses, debts, or other financial needs.