Term Life insurance is typically the least expensive coverage, providing basic life
insurance protection for a specific period of time.
Term insurance is often chosen by
people who need temporary life coverage – for example to cover the period of a mortgage
– or for those with a limited budget needing a large amount of protection. Term
insurance is often used to cover the life of a key employee for a specific period of
time to protect the continuity of business operations. Unlike Whole Life insurance,
Term Life insurance has no cash values and once the term expires insurance coverage
ends. Term policies typically allow you to convert to a permanent plan without a
Family Guardian’s Term Life plans have been designed to meet
the varying needs of persons seeking temporary coverage or maximum protection for
10-,15-, 20- and 25-YEAR TERM:
Providing coverage for a specific period
TERM LIFE TO 100:
Providing life insurance protection at fixed premium rates to age 100 and
convertible to a permanent plan without evidence of insurability
Increasing the coverage of the husband and wife team to protect the family.
This Rider provides Term insurance for a spouse that can be attached to any
permanent plan of insurance on the life of the other spouse.
CHILDREN’S TERM RIDER:
Providing family coverage. This Rider provides Term insurance for a child that
can be attached to any permanent plan of insurance on the life of a parent. Future
children are automatically covered.
The information provided gives a general overview of the
products and services provided by Family Guardian
and should not be construed to be contractual information.
Like most insurance policies, Family Guardian’s policies contain exclusions,
limitations, reductions of benefits and terms for keeping them in force.
For complete cost and details, talk to your Family Guardian representative.