Term Life Insurance

Up to 5% of your auto and home insurance premium might be counted toward your life insurance.

Call us (650) 209-6930, 961-1023 to learn how.

Life insurance is one of the requirements of life. However, few people like paying for life insurance. A key factor to judge in buying term life insurance is to supplement the income your family will be unable to replace. This amount of life insurance is often in the range of seven to ten times your annual income. And as your income rises, additional term life insurance will be necessary for your family to keep its standard of living and quality of life.

Term Life Insurance covers the financial risk of death for a given number of years (term) at a level premium cost, and pays a specified death benefit, guaranteed. Term periods available are typically 5, 10, 15, 20, and even 30 and 40 year lengths. Term life insurance builds no cash value—it is insurance only. You get the most insurance coverage for the lowest price with term life insurance.

Do not rely completely on your employer. Purchasing life insurance through your employer may be convenient, but does it cover all your life insurance needs? What if you change a job and your health at the time you do that is not as good as today? On the other hand, if your employer is covering the cost, why not take it?

Buy as much coverage as you can afford. As you increase your limit of life insurance, the average cost per $1,000 of death benefit decreases.

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