INFOclip: Understanding Term Insurance

You know how important insurance is in providing you and your family with the income and peace of mind you need, knowing your financial obligations are met in the event of a disability, illness or even death – but do you know about the many advantages of term insurance?

Term insurance, created to last for a finite amount of time and useful in covering short-term expenses such as a mortgage, child’s education, retirement or income replacement, give you the flexibility to cancel or renew your policy at the end of each policy term – typically 1, 10 and 20 years. However, as we age, our financial obligations tend to become even more complex, so how can term insurance help you and your family remain secure?

Watch this video to learn about the nuances of term insurance and whether it is right for you and your family today and into the future.

Get more information on our life insurance options here.

And if you have any questions, be sure to contact us – we’re here to help!

This article can also be viewed on The Link Between, Cove’s Technical Blog.