Term Life Insurance in the Greater Phoenix Area
Term Life Insurance in Northwest Phoenix, AZ, as Well as Surrounding Areas
Protect Your Most Valuable Asset
Term life is a type of individual life insurance that offers the most simplistic policy. The policy provides coverage over a specific period of time at a fixed rate, providing a benefit that is used for the financial aspects of a person’s death. In order to receive the benefit, the date of death must fall within the specific term of the policy. Though a term life policy is the cheapest option, it can be turned into whole or universal life insurance policies.
Term Life Insurance Is Further Categorized Into Two Types
As the easiest and most convenient type of life insurance, term life insurance provides policyholders with a fixed payout that provides financial support for costs that are incurred at your death, such as funeral expenses. At Ideal Insurance Agency, we help our customers in Surprise, Glendale, and Peoria AZ, with both renewable term and level-term insurance policies. Annual renewable term life insurance is purchased each year, while level term life insurance allows you to buy a policy that covers a term of 10, 15, 20, or 30 years.
Purchased year by year, issuing a benefit if the insured passes within that year. Each term ends with the option to renew.
Available typically in 10, 15, 20, or 30-year terms. The premium is fixed over these terms and is defined based on your coverage options and age.
Ask Us About Term Life Insurance Quotes Today
Are you thinking about investing in term life insurance for the financial protection of your family in Surprise, Glendale, Peoria, Avondale, Goodyear, Buckeye & Phoenix, AZ? An ideal Insurance Agency can help. Ask us about our policies by calling us today at 623-933-8263 or 602-938-7579.