Do you have a family or dependents? What would happen to them if you passed away? If you don’t know the answer to this question but want to help secure your dependents’ future, term life insurance might be right. At Wenatchee Insurance Agency, servicing Wenatchee, WA, we help our customers find the proper term life insurance for them.
Having a personal life insurance plan that you can take from job to job is an important asset in your working career. There will be jobs that may not offer insurance and yes people do pick up a conditions that prevents them from passing underwriting. Yes, you can have multiple policies.
What Is Term Life Insurance?
Term life insurance is a life insurance product with an end date. It pays out, but only if the policy is active. Term life insurance policies are active only for a specific term, and then they end.
These policies can last for as long as 30 years. Typically, term life insurance policies have a level premium that stays the same throughout the policy’s life. When the policy term ends, there is no payout.
Who Needs Life Insurance?
Although term life insurance has an end date and no payout, it’s available for a relatively low cost. The level premium is also a benefit because it helps make it more easily affordable. This makes term life insurance a preferred product for people who have young families and tight budgets.
Often, people seeking term life insurance have a goal in mind. For example, you may want term life insurance to help pay your mortgage in the event of your death or to pay for your child’s school expenses in the future.
How Can I Get Life Insurance?
If you’re interested in term life insurance, contact the insurance experts at Wenatchee Insurance Agency servicing Wenatchee, WA. Call today to learn more about our range of insurance products so you can choose the right products for your needs.
At Wenatchee Insurance, we use an exchange format that allows us to shop multiple companies in a fast manner.
