Term Insurance

Term Insurance

A term insurance is temporary and an affordable life insurance policy that offers financial coverage for a specific term. It protects the beneficiary of the policy holder after death of the policy holder. A term life insurance protection can also be used to fund your child’s education, pay mortgages and more during your lifetime.


  • Least expensive life insurance available
  • Can be converted to permanent life insurance at any time


  • Term insurance is temporary and has expiry date
  • Does not accumulate investment, cash back or cash value
  • Might be harder to renew this type of insurance if there is health issues
  • It will be much more expensive to renew

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