How does term life insurance work?

00:03:22 - 00:05:19
What is term life insurance?

00:06:10 - 00:10:03
It could be an important way to help protect your family's financial situation.

00:10:22 - 00:15:02
See, term life insurance is temporary coverage designed to help your loved ones

00:15:02 - 00:20:14
pay for funeral costs, medical bills and other expenses if something happens to you.

00:20:14 - 00:22:07
Let's say you just bought a home.

00:22:21 - 00:25:18
Who's going to pay the mortgage if something happens to you?

00:25:18 - 00:29:06
This is when term life insurance could be a good thing to have.

00:29:06 - 00:33:08
Because term life insurance could help your loved ones cover bills and expenses

00:33:08 - 00:37:14
during difficult times like helping make payments on your family home.

00:38:00 - 00:41:02
Term life insurance is coverage for a fixed amount of time.

00:41:10 - 00:45:20
Let's say 10, 20, or 30 years, whatever term you choose.

00:45:20 - 00:48:13
And it is designed to work with your budget

00:48:13 - 00:51:20
and still provide your family coverage when they really need it.

00:51:20 - 00:53:22
And, there is no medical exam

00:53:22 - 00:55:10
and coverage starts as soon as

00:55:10 - 00:56:21
your monthly premiums are paid.

00:57:15 - 01:00:19
So plan for their future with term life insurance.

01:01:08 - 01:03:17
Explore more at TruStage.com