Term life insurance is the simplest, and easiest form of life insurance. While there are plenty of reasons to explore whole life, variable life or universal life policies, sometimes a term life policy is the best choice. Term life is bought for a particular length of time (the term), which usually corresponds to the length of time the additional life benefits are needed. Common terms are 5, 10, 15, 20 and 30 years.

Typical uses of life insurance can include:

Consumer debt – making sure you have enough life insurance so you aren’t leaving your loved ones with bills.

Mortgages – you can match the term of your life policy with the term of your mortgage and make sure your survivors have a paid-for place to live.

Dependent Care – 20 year term is an excellent way to ensure there will be funds to help your spouse raise your children.

College Education – Term life is similarly good for covering those expensive college years.

Funeral Costs –┬áTerm insurance can frequently be the most affordable way to cover funeral expenses

Call us today to get a quote. It doesn’t take very long and we have multiple companies to offer quotes from. (706) 216-3296

About Dawson Insurance

The first independent insurance agency in Dawson County, Dawson Insurance has a history of excellence since 1964. Located in Dawsonville, Georgia, we also offer unparalleled service and competitive quotes to personal and business insurance clients in Cumming, Gainesville, Alpharetta, and throughout the entire State of Georgia.

(The above article provides a brief overview of the terms and phrases used within the insurance industry. These definitions are not applicable in all states or for all insurance and financial products. This is not an insurance contract. Other terms, conditions, and exclusions apply. Please read your official policy for full details about coverages. These definitions do not alter or modify the terms of any insurance contract. If there is any conflict between these definitions and the provisions of the applicable insurance policy, the terms of the policy control.)