Understanding Term Life Insurance

Preparing for the future can seem like a daunting task. Mortgage payments, retirement needs, college tuition, and all of life's other expenses can be a huge burden in the event you are not there to provide for your loved ones. Purchasing a Term Life Insurance policy can make sure that your loved ones can have the financial security to continue the quality of their lives.

TermRunner understands that you're seeking coverage at affordable rates. Your Term Life policy's premiums are in most cases lower than with other types of policies (such as Whole Life or Universal Life), based on the company you select and your current age.

Term Life Insurance policies pay a death benefit during a guaranteed length of time, called the "Term." These policies typically provide 10, 15, 20 or more years of coverage - depending on what is most appropriate for your insurance needs. Your policy will remain in force during the selected term as long as premiums are paid.

The Term Life Insurance policies provided by TermRunner are Level Premium policies. Level Premium Insurance features a very affordable premium that remains guaranteed level throughout the duration of the policy. The "Term" of the policy is 10, 15, 20 or 30 years depending upon your needs. Premiums are conveniently payable in monthly, quarterly, semi-annual, or annual increments.

With policies from TermRunner, you won't need proof of health or evidence of insurability for your policy to continue once it is approved. If you have any questions about what policy will work best for your situation, TermRunner can answer any of your questions. Fill out an inquiry for a quote or call us Toll-Free at 1-800-680-7160.