Conditions are right for tornadoes, and tornadoes are possible. Remain alert: watch the sky and tune in to NOAA Weather Radio, commercial radio, or a local television station in case a warning is issued.
Term life insurance provides death benefit protection for a period of one or more years. The death benefit of the policy is paid only if the insured dies during that period. If the insured lives beyond the term period, no death benefit is paid. Typically, there are no cash values or loan values for term life insurance.
Helping you define Term and Whole Life. Term insurance is exactly what it sounds likeâinsurance for a particular time period ranging from 5 to as much as 40 years, depending on your age. At the end of that time period, the contract expires. You can renew it for an annually renewing term at a much higher cost.