Term Life Insurance

Term life insurance provides death protection for a stated period of time or term.

Term life insurance is perhaps the simplest form of life insurance, developed to provide temporary life insurance protection for those on a limited budget. Since term insurance can be purchased in large amounts for a relatively small initial premium, it is well-suited for short-range goals, such as life insurance coverage to pay off a loan, or providing extra life insurance protection during the child-raising years.

Most companies offers term insurance policies providing level premiums for 10- or 20- year periods. These policies can be renewed or continued at higher premiums - in most cases to ages 75 or 85 years old. Most term insurance contracts are convertible to a permanent policy, at your current age, without any medical evidence.

Credential Financial Strategies Inc. Contact Information:
Lloydminster Office: 1-306-825-8118
Kindersley Office: 1-306-463-5656


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