TERM LIFE INSURANCE

Peace of mind at
an affordable price

PROS OF TERM LIFE INSURANCE CONS OF TERM LIFE INSURANCE
1. Least expensive insurance option 1. Coverage is only temporary
2. Lower initial premiums at a young age 2. Becomes very expensive at a later age
3. Higher death benefit available at low cost 3. No cash value accumulation
4. Renewable and convertible plans 4. Premiums will go up at each renewal
5. Very simple and straightforward 5. Limited coverage as its expensive and not everyone can afford it
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