PDF-Life Insurance
Author : johnphilipinsurance | Published Date : 2014-11-13
A form of life insurance that covers the insured person for a certain period of time the term that is specified in the policy It pays a benefit to a designated beneficiary
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Life Insurance: Transcript
A form of life insurance that covers the insured person for a certain period of time the term that is specified in the policy It pays a benefit to a designated beneficiary only when the insured dies within that specified period which can be 5 10 15 20 or 30 years Term life policies are renewable but premiums increase with age. State Farm Insurance® began selling life insurance more than 75 years ago in April 1929. Today, State Farm® has over 7 million life insurance and annuity policies in force. State Farm Bank®, Bloomington, Illinois, Member FDIC and Equal Housing Lender. The other products offered by affiliate companies of State Farm Bank are not FDIC insured, not a State Farm Bank obligation or guaranteed by State Farm Bank, and subject to investment risk, including possible loss of principal invested. Contact State Farm Bank toll-free at 1-877-SF4-BANK (1-877-734-2265).
State Farm Insurance® began selling life insurance more than 75 years ago in April 1929. Today, State Farm® has over 7 million life insurance and annuity policies in force. State Farm Bank®, Bloomington, Illinois, Member FDIC and Equal Housing Lender. The other products offered by affiliate companies of State Farm Bank are not FDIC insured, not a State Farm Bank obligation or guaranteed by State Farm Bank, and subject to investment risk, including possible loss of principal invested. Contact State Farm Bank toll-free at 1-877-SF4-BANK (1-877-734-2265).
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A form of life insurance that covers the insured person for a certain period of time, the “term” that is specified in the policy. It pays a benefit to a designated beneficiary only when the insured dies within that specified period which can be 5, 10, 15, 20 or 30 years. Term life policies are renewable but premiums increase with age.
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