Term Life Insurance covers the financial risk of death for a
given number of years (term) at a level premium cost, and pays a
specified death benefit. Term periods available are typically 5, 10,
15, 20, and even 30 and 40 year lengths. Term life insurance builds
no cash value -- it is insurance only. It guards against total
disruption of a family's finances upon the death of a head of
household or spouse by replacing the value of a person's future
income stream and/or paying funeral and estate costs.
Term life insurance can also be used in business settings.
IB&C Insurance can
offer a spread sheet analysis of all the top rated carriers offering
Term Life.
For more information on this insurance, contact us.
