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.
Term life insurance is the easiest life insurance to understand: It provides death benefit protection without any savings, investment or âcash valueâ components. Term life insurance is available for set periods of time such as 10, 15, 20 or 30 years. With annual renewable term life, your policy automatically renews and premiums increase each year. Choose level term insurance if you want your premium to stay the same for the duration of the policy.