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.
The majority of people in these younger age ranges will opt for a term life insurance policy. Term life insurance will provide protection over a specific period of time. For most people, this is 10 years, 20 years, or 30 years. Since the life insurance carrier knows exactly how long youâll pay your premiums, this is the most cost-effective form of life insurance.