How old are you?
IDEAL AGE GROUP: 20 – 55 YEARS OLD.
WHAT IS TERM LIFE?
Term life insurance is a type of life insurance that provides coverage for a specific period, such as 10, 20, or 30 years. If the insured person passes away during the term, their beneficiaries receive a death benefit payout. It is typically more affordable than permanent life insurance but does not build cash value.
IDEAL AGE GROUP: 55 – 85 YEARS OLD.
Final expense insurance is a type of life insurance designed to cover end-of-life costs, such as funeral expenses, medical bills, and other debts. It typically offers smaller coverage amounts and is easier to qualify for than traditional life insurance. This policy helps ease the financial burden on loved ones during a difficult time.