Who Needs Term Life Insurance?
Term life insurance provides a great amount of protection against the death of an individual, but only for a given period of time. This is one of the best possibilities for insurance coverage if you are simply looking for coverage on a short term basis for your family.
Likely candidates for Term Life Insurance are parents in growing families with significant financial commitments should they die. Term Life Insurance benefits can help pay the mortgage balance, college costs, and other major expenses. Many people purchase Term Life Insurance to cover them until they have retired and their children have finished college.
