What is term insurance?
What is term insurance?
Term insurance provides life insurance for a certain period of time. Your coverage pays out a lump payment if you die within this time. This form of insurance is beneficial for ensuring the financial stability of your dependents.
Unless you request a review, your level term insurance coverage remains the same and your premiums remain the same. Purchases of reviewable insurance are often less expensive.
Term life insurance comes in three varieties: decreasing term cover, level term cover, and increasing cover. We presently provide both level and declining coverage.