Term life insurance is just one of the types of life insurance that you can get to protect your loved ones from financial harm, but it is a type that has long been popular. It comes with many benefits that have kept customers interested in this type of insurance. If you want to know more about term life insurance, call us today at Fuhriman Insurance Agency in Boise, ID.
With most types of term life insurance, you need a physical exam before you are accepted for coverage. This is just a standard physical and a discussion about your health history. If you have a lot of pre-existing conditions, you may not be accepted for it. If you have serious health problems, you are also likely to have trouble getting a life insurance policy. If you are in relatively good health, you will likely be accepted for a specific term. The term is the period for which the life insurance policy will be active. This may be 10 years, 20 years, 25, etc. The exact term of coverage is spelled out in the policy agreement.
Many people like term life insurance because they can lock in a low rate while they are younger and have the premiums stay the same for the term of coverage. And term life insurance generally costs less than a whole life policy. Term life insurance often works better than whole life for people on a strict budget. The prices generally depend on the term of coverage and the amount of the death benefit, and your overall health and age.
Get Term Life Insurance
Call us at Fuhriman Insurance Agency in Boise, ID if you need life insurance to protect your loved ones.