Jefferson City, MO Term Life Insurance

Serving Jefferson City, Columbia, Osage Beach, Hermann, Fulton Missouri

Income Covers Expenses

There may be many expenses that your income provides for when it comes to the family budget. This may be the payment of the mortgage or savings that will be used to send your children to college. Many people choose term life insurance because the policy will end when these things are taken care of - when your children have finished college and your mortgage has been paid off. By this point in your life, you should also have a substantial amount of savings that will help you deal with any emergency that arises. If you take out term life insurance, you will be covered for the term that you choose when you take out the policy.

Advantages of Term Life Insurance

There are a number of advantages to taking out term life insurance:

  •  Your family would have all the money they needed to pay the bills if anything were to happen to you.
  •  You will have coverage for as long as you need it and you also have the option to extend the policy at the end of the term.
  • If the policy does pay out as a result of your death then this will be tax-free for your family.
  • You can add extra coverage for disability and for critical illness and you can also add additional cover for your spouse and children. 

Affordable Coverage

Term life insurance is one of the most affordable life insurance policies that you can buy. The amount of money that you pay each month will be determined by how long you want the policy to run for and the amount of cover that you need. The amount of the premium should not rise during the life of the policy. If you want additional cover after the term has ended then this can be done on an annual basis.

Highlights

Some of the highlights of a term life insurance policy are explained below:

-No medical exam required.
- Premiums do not rise during the policy.
- Plans available for a variety of term lengths.
- Coverage available between $25,000 and $350,000 (Simplified issue-no medical exam)
-Much higher coverage limits available on fully underwritten policies

 
If Term Life Insurance sounds like something that would benefit you and your family, contact Hutchison Insurance Group for answers to your questions and a free quote!