Call Us Contact Us
Young Insurance Young Insurance
  • Home
  • About
  • Services
    • Personal Insurance
    • Auto Insurance
    • Home Insurance
    • Life Insurance
    • Health Insurance
    • Commercial Auto Insurance
  • Policy
  • Claims
  • Blog
  • Contact
  • Quick Quote

Term Life Insurance

Term Life Insurance

Term life insurance provides you protection for a specific price over a specified period of time: usually 10, 15, 20, or 30 years. Coverage expires without value at the end of the term and you will need to either convert your policy to a permanent life insurance plan or purchase a new policy for a new term. Term life insurance pays out a specified lump sum to a beneficiary only in the event that you die before the policy expires. Term life insurance is somewhat less expensive than permanent live insurance due to the drawback of having an expiration date.

Different types of term life insurance are available for you. Let us modify a plan to fit your needs and provide you the maximum amount of protection for the least amount of premium.

  • Annual Renewable Term – The death benefit is a level amount and will remain the same for the term period. This policy can automatically be renewed without having to provide evidence of good health each year. The premiums may however increase each year with age.
  • Annual Renewable Term – The death benefit is a level amount and will remain the same for the term period. This policy can automatically be renewed without having to provide evidence of good health each year. The premiums may however increase each year with age.
  • Level Term – The death benefit is a level amount and will remain the same for the term period. Level term policies are usually purchased for a period of 10, 20, or 30 years and the premium generally remains stable over the entire period.
  • Decreasing Term – The premiums remain level over a specific term, but the amount of death benefit protection decreases throughout the term. Decreasing term insurance is best for you if you have financial obligations that decrease over time such as a mortgage or a loan.

Contact our insurance professionals today to see if term life insurance is right for you.

Get a Quote

CONTACT US

24942 Greensbrier Dr
Stevenson Ranch, CA 91381
Monday – Friday
9am – 5pm PDT
Office: (818) 840-0246
Fax: (818) 953-9341

Recent Posts

  • Common Home Insurance Claims

    Know About the Most Common Home Insurance Claims?

    Life is unpredictable. Even with excellent intentions, maintenance schedules, and insurance coverage,

    24 August, 2022
  • What Should You Know About Family Floater Life Insurance Policy?

    What Should You Know About Family Floater Life Insurance Policy?

    What Is Family Floater Health Insurance? A family floater, health insurance plan,

    10 August, 2022
  • life insurance myths debunk

    Major Life Insurance Myths Debunked

    Purchasing a life insurance policy is often met with hesitation, doubt, or

    27 July, 2022
  • What Are the Ways to Save Money on Auto Insurance for Teen

    What Are the Ways to Save Money on Auto Insurance for Teens?

    As a parent, it can be daunting to think about your teenager

    13 July, 2022

Quick links

  • Home
  • About
  • Services
  • Manage Your Policy

Quick links

  • Claims
  • Quick Quote
  • Privacy Policy
  • Contact Us
  • Sitemap
© Copyright 2023 YOUNG INSURANCE | Privacy Policy | Insurance Agency Website by Stratosphere
  • Home
  • About
  • Services
    • Personal Insurance
    • Auto Insurance
    • Home Insurance
    • Life Insurance
    • Health Insurance
    • Commercial Auto Insurance
  • Policy
  • Claims
  • Blog
  • Contact
  • Quick Quote
Young Insurance

Get a Quote