|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.