Sí, hablo Español

Life Insurance FAQ

Learn about some of the basics of life insurance.

A hand sheltering wooden people with a wooden umbrella.


Whole Life Insurance

Term Life Insurance

Coverage Period

Lifetime Coverage
Preset coverage period, typically 10, 15, 20 or 30 years


Premium amount is set for the lifetime of the insured
Premium amount is guaranteed for the policy term selected

Cash Value

Many policies generate a cash value which can be utilized during the lifetime of the insured
Cash values are not available


Can't be amended if your coverage needs change
When your coverage needs adjust, your coverage amount or term length can too.

What is Term Life Insurance?

Safeguarding your family’s financial well-being in case of the unexpected is crucial, and term life insurance offers an accessible solution. By stepping in to replace your income, it provides reassurance that your loved ones can sustain themselves even in your absence.

With a predetermined coverage duration, term life insurance caters to your specific needs. Its cost-effectiveness stems from the fact that you only pay for coverage during the period that aligns with your requirements, making it a more budget-friendly alternative to whole life insurance.

Who can buy Term Life Insurance?

Term life insurance is accessible to a wide range of individuals, typically spanning ages 18 to 80. This coverage extends its reach to encompass cancer survivors, diabetics, and those managing conditions such as high cholesterol and blood pressure, ensuring that a diverse spectrum of people can secure the protection they need.

How does Term Life Insurance work?

Choose from a range of options for your term life insurance duration: 10, 15, 20, or 30 years. By ensuring prompt premium payments, your policy stays in effect throughout this chosen period. In the unfortunate event of your passing during the active policy term, your designated beneficiary will receive a death benefit equivalent to the policy amount.

Why are so many online quotes inaccurate?

Numerous quick online quotes often lack accuracy due to their reliance on minimal personal details. Achieving more precise quotes involves considering your health background and various individual factors. This underscores the significance of engaging with a certified expert. Diverse companies offer varying prices, coupled with their expertise in tailoring favorable rates for distinct risks.