Term Life
Get Financial Protection with Term Life Insurance in Chesapeake, VA, and Nationwide
You want to protect your loved ones from financial problems they may face if something unexpected happens. To ensure financial protection, you need life insurance.
At Champions Financial Group, we can help you learn how term life insurance works to decide if this policy is the right one for you. Our professionals are based in Chesapeake, VA but provide trustworthy advice to clients nationwide. Get started with a consultation today!
What Is Term Life Insurance?
Term life insurance is a type of life insurance that guarantees the death benefit payment within a specified term. With the death benefit, beneficiaries can use the proceeds towards mortgage payments, credit card debt, or any financial responsibility.
This plan is an agreement that offers protection that lasts between 10-30 years. When you subscribe to term life insurance, the insurance provider determines the premiums (monthly payments) based on the policy’s value, your age, gender, and health condition. This insurance is a more cost-effective coverage because it comes with affordable premiums. You can cancel this policy without penalty.
Need to Know How Much Insurance Do You Need?
Navigate Your Options Today
Our professionals in Chesapeake, VA, offer a personalized analysis of your situation. This helps us calculate your life insurance needs, including how long you need coverage. What’s more, we can help you decide between term vs. whole life insurance. Don’t wait longer to secure the financial future of your loved ones. We serve nationwide!
