What is Term Life Insurance?
The death of a loved one is not only difficult to cope with emotionally, but it can be a financial struggle as well. All too often, the financial hardship that follows can make the burden of a lost loved one seem unbearable. Term life insurance pays your family a cash benefit in the event of your death to alleviate the financial burden in an emotionally difficult situation. Our personal life insurance advisors will do everything they can to make sure your family gets the affordable coverage they need at a price you can afford.
Why is Term Life Insurance so important?
Term life insurance is most important during new life phases like starting a family, buying a home or getting married. This is because these events bring on entirely new financial responsibilities. The companies we work with offer a variety of life insurance options, including term life insurance options built to suit your coverage needs and your budget.
Although no one likes to think about death, it’s important to consider what would happen if you died tomorrow. Could your family pay the bills? Could they afford funeral expenses? Without your support, how would they get by?
If you don’t have a solution to any of those problems, it’s time to consider term life insurance. We offer multiple policies, so you can find one that suits your needs and your budget. Signing up for term life insurance will give you peace of mind when it comes to questions like those – you will be able to confidently say that your family will be taken care of no matter what life throws at you.
If you’re going through or anticipating a major life change, check out the list below to find out how term life can help in your situation:
Getting Married – Once you’ve chosen to share your life with someone, you’ve also chosen to share the bills. If your spouse’s income is not sufficient to cover all monthly bills when you pass away, term life insurance can help. We can arrange your policy to cover credit card debt, student loans, car payments, your mortgage and other expenses. Newlyweds often have a great deal of debt, so you can use term life insurance to protect your spouse and household. Because we work with a variety of insurance companies, we can match your needs and your budget to a plan that’s perfect for you and your spouse.
Starting a Family – Having kids can be very exciting, but children also bring an entirely different set of financial responsibilities. Term life insurance provided by National Agents Alliance can be used to protect your children financially in the event of your death. Someone will need to pay for school expenses, food, clothing, and housing if you pass and your income is suddenly absent. Having this assurance for your loved ones could be vital to their future. In most cases, term life insurance is affordable and only requires a minimal monthly payment. We understand your budget and will work with you to provide quality coverage within that amount.
Buying a Home – Many families use term life insurance to cover the home for the length of the mortgage. For example, if you buy a $200,000 home on a 30-year mortgage, it is wise to purchase term life insurance to cover the home for 30 years. This protection will ensure that your family will be able to pay off the mortgage if you pass away.
You can speak to a representative and start your free term life insurance quote by filling out the form on this page. Our team of personal life insurance advisors will work with you to develop a plan that fits your budget and coverage needs.