6 Articles about Term-Life Insurance!
Investopedia-“Is Life Insurance Worth it”?
Investopedia does a great job breaking down Term-life insurance. The article elaborates on how Term-Life policies function similarly to other types of insurance policies you may carry, like car insurance; you pay a premium each month, and if something bad happens—in this case, your early death—there's a benefit paid out.
Business World-“Ten Reasons Why Millennials Should Get Life Insurance”
Business world elaborates on how young people are often caught up in the rat race and do not always plan ahead for the future. Many Millennials do not think about buying life insurance because they are young and they might think it’s too early to think about death. Here are the ten reasons…
everybody needs protection — young or old.
It’s more affordable.
Protection and investment: hitting two birds with one stone.
Insurance is our spare tire.
Become 10 steps ahead when planning for the future.
Life insurance also caters to low-income groups.
A backup from your company insurance.
Avoid expensive funerals.
Spare your family from debts.
Secure your family’s lifestyle.
MetLife-“Term-Life Insurance”
Term-life is broken down into three types: Basic, Supplemental, and Dependent.
Basic Term Life: Often an employer-paid coverage option that is offered for a set period of time and provides your beneficiaries with crucial financial protection.
Supplemental Term Life: An employee-paid coverage option that allows you to purchase additional protection as your needs change over time. Dependent, spouse, or domestic partner coverage may also be available.
Dependent Term Life: This option provides coverage for your spouse, civil union partner, domestic partner, and eligible children.
Guardian- “How term life insurance works: The basics”
Guardian explains Term-life in simple terms, you pay a premium for a period of time – typically between 10 and 30 years – and if you die during that time a cash benefit is paid to your family (or anyone else you name as your beneficiary).
Best Term- “Life Insurance Companies Of February 2022”
Forbes begins their article by giving a quick summary of Term-life and the benefits that come with it. They give various factors on how to determine which insurance is best for you. This is a great article because it breaks down each company in an unbiased way.
Nerd Wallet- “Compare Term-Life Insurance Quotes”
Nerd Wallet is a company that compares Term-Life insurance for you. They help you get quotes within minutes and they compare options that are specific to you. I really like this concept because it helps potential clients figure out what type of Term-Life is best for them.