Term Life Insurance
What is Term Life Insurance?
Term Life Insurance is temporary life insurance designed to provide coverage for a limited period of time, typically for 10, 20 or 30 years. It is a life insurance product that is typically considered the most cost-effective form of life insurance. However, there is no build up of a cash value, like with a permanent life insurance policy, and the benefit is payable only when the insured dies and the policy is in force.
T-Life is a term life insurance plan that provides coverage for death during the term of the policy.