Lambe & Associates, Inc.

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.

For more information on term insurance and life insurance options, be sure to read Things to Consider When Renewing Your Term Insurance Plan and Choosing Insurance that Grows with You.

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