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.
All term life insurance products provide a death benefit at a set price for a specific period of time â usually between 10 and 30 years. As the policyholder, you have the option to pay a monthly, quarterly, semi-annual, or annual premium for the length of your term period.