At 3i Financial Group one of our Financial Advisors would be happy to go through the various term life insurance policy options with you.
The Financial Advisor will shop around for you in order to find the best-priced product that meets all of your requirements.
Term Life Insurance
There are several types of term life insurance (level, increasing term, decreasing term, renewable, and non-renewable). Depending on your situation and needs, term life insurance can offer you the life insurance protection you need for a set period of time. Term life insurance is the least expensive form of life insurance and is utilized mostly to cover financial risks/obligations that exist for a limited period of time such as home mortgages, credit lines, business loans, or just income replacement. Some of the most common terms available include 1 year, 5 years, 10 years, and 20 years, or until a certain age.