TERM LIFE INSURANCE
LIFE INSURANCE FOR YOU AND YOUR EMPLOYEES
Term Life Insurance & Coverage
Term life insurance is a life insurance policy that is set for a specific length of time. Term life insurance is for individuals who want to ensure that when they pass away, their loved ones are not faced with a large financial burden. If individuals pass away within the specified term, the beneficiaries of the policy will receive a specified tax-free cash sum. Term life insurance can be designed to meet your specific financial needs and personal situation. At the end of the term, policies can either be renewed or upgraded to permanent life insurance.
Make sure your term life insurance needs are fully met by utilizing the services of a life insurance professional. At Puhl Employee Benefits we have over 20 years of experience helping individuals across Calgary wit their term life insurance needs. We can set up a policy that is perfect for your specific situation and can answer and questions along the way. Contact Puhl Employee Benefits today to set up a term life insurance consultation!
When Is Term Life Insurance Ideal?
Permanent life insurance policies can be a vital part of a wellness plan or benefits package. If you are looking for increased coverage limits for lower costs, over a specific time period of time, term life insurance is the ideal coverage type for your needs. Term life insurance ensures that your loved ones are financial stable if you were to pass during the specific term. If the term expires you can always upgrade to permanent life insurance, without and further analysis or questions regarding your health.
Benefits of Term Life insurance
Term life insurance provides a number of very useful benefits to the policyholder and loved ones:
- High coverage for low rates – Plans are less costly than permanent life insurance. Premium plans provide fixed rates of the term duration.
- Options to upgrade policy – You can upgrade to permanent life insurance at any point in your term.
- Protect your loved ones – Plans make sure that your passing does not create a financial burden for your loved ones.
- Customized plans – Plans are built around your situation and budget. Common policy terms are 10 and 20 years.
For more information on the specific benefits of a term life insurance policy offered through Puhl Employee Benefits, call or email us today!
Using a Puhl & Other Advisors
To receive the best term life insurance plan for your particular financial situation and personal needs, utilize the services of a professional term life insurance provider. The term life insurance experts at Puhl Employee Benefits are here to help with all your specific term life insurance needs. Our team has the industry knowledge and experience to make sure your term life insurance needs perfectly suit your specific lifestyle needs and budget. For more information on Term life insurance plans, upgrading options and more, contact Puhl Employee Benefits!