Term Life Insurance pays a cash benefit to the insured’s beneficiaries during a specified period of time (the term.) As one of the most affordable types of insurance, Term Life Insurance allows you to cover financial responsibilities like mortgage, education costs and daily living expenses, should something happen to you.

• Term Life Policies have lower initial fees, making them more affordable at the times you need it most.
  
  
• Many people consider Term Life Insurance when purchasing a home, starting a family or starting a business.

Permanent Life Insurance policies provide lifelong coverage and build cash value over time, provided that you pay the premiums. Although more expensive than term life, this type of policy will not expire, pending premiums paid.

• Permanent policies can be a good fit if you would like to use life insurance to build cash value for your heirs or would like coverage regardless of how old you are.
  
  
• Depending on your long- term financial goals, a combination of permanent and term life may be an ideal option to meet your needs.