top of page
Search

What is Term Insurance?

Writer's picture: David N. Gordon (914) 629-4003David N. Gordon (914) 629-4003

Term life insurance, also known as temporary insurance, is a contract between you (the insured), and the insurance company. Term life insurance policies last for a definite period of time, such as 10, 20, or 30 years. In exchange for your premium payments, if you die during the term, the insurance company will pay a death benefit, usually tax-free to your beneficiaries. Once the term (the premium paying period) expires, the obligation of the insurance company to pay a death benefit ceases.


Five Towns Term Life Insurance
Five Towns Term Life Insurance


Comments


CONTACT

  • LinkedIn
Serving Nationwide
 

Reach Out

Thanks for submitting!

If your goal is to be at ease, then I invite you to send me a message here or schedule a quick 15-minute introductory call where we can chat about your specific needs.

© 2023 FiveTownsterm.com 

bottom of page