Thanh’s Blog: Why Every Queen’s Family Needs Term Life Insurance
What is Term Life Insurance?
Term Life Insurance is a type of life insurance that guarantees payment of a death benefit if the covered person dies during a specified term. When that term expires then the person can either renew it for another term, change the policy, or not renew it anymore.
Benefits of Term Life Insurance?
Term Life Insurance is typically cheaper than whole life insurance.
Term Life Insurance is more flexible as you have many term policies to choose from
Term Life Insurance is a good option for young families as the prices will not be as burdensome as other options
Term Life Insurance is simple and easy to understand
Why do Queen’s Families Need Life Insurance?
Queens, New York is an expensive place to live and many families have to deal with bills and other payments. Food, clothes, rent, school, and many more things require a lot of money and if the parent passes away then it will be very hard on the family.
It is important to be prepared for the the unexpected as anything can happen. Having life insurance will make sure that your family’s payments and needs will be covered if anything ever happens to you.