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Term life Insurance to 95+

Is term life to 95+ the right choice for you?

Term life insurance is the most basic and least expensive form of life insurance available. It can be the right choice as long as you understand how it differs from whole life.

Are lower payments a priority?

If you need to protect your family at the lowest possible cost, term life insurance can give you more protection at an affordable cost, and those payments are guaranteed for the term of insurance you’ve signed up for.

What are the cons to term life insurance?

The downside of term life insurance is found in its name. It’s “term” insurance, so it only provides coverage for a specified period of time. It’s great for covering specific debts like a home loan or expected college costs but is not a preferred option for life-long needs.

How can term life insurance benefit your heirs?

The life insurance proceeds can help cover outstanding debt, pay final expenses, and provide a sum of cash for those you leave behind. In addition, your term life insurance can be a part of your estate tax planning.

Can a term life insurance policy be converted to whole life?

Yes, with Pekin Insurance you can usually convert your policy if you do it before your term ends, but there may be limitations.

If you need assistance to figure out which plan is best for you, contact an agent. You may also try our life needs calculator or our Frequently Asked Questions.

Call Toll-Free 1-800-322-0160