What is Term Life Insurance?
Term Life Insurance is a type of life insurance policy that provides coverage for a certain period of time. If an insured unfortunately passes away during that time period or when the policy is active, a death benefit is paid to the heir or beneficiary of the policyholder.
Term life insurance cost is much less expensive than permanent life insurance cost because it’s not designed to last the whole life. So, at Heroes Financial Group we look into your plan, and we provide one of the best term life insurances in Phoenix.
The premium you have to pay depends on an insured’s age, health, and life expectancy. There are many term life insurance that lasts 10, 15, 20, and 30 years.