Term life insurance provides coverage for a specific period of time, usually from 10 to 30 years. Term policies provide a death benefit only if the insured dies during the term. This can be at a guaranteed rate or in some cases a guaranteed rate for a period of time and then a projected rate. For example: 30 year level term would guarantee a level premium for 30 years based on a specified death benefit. Term life insurance is usually the least expensive form of life coverage, at least initially.
Sansevieri Insurance Services can assist you with the process – call us for more information! Our office is located in Laguna Beach and we service all of California. Call us today at (949) 722-6078.