What it is
Term life insurance provides coverage for a defined period. It can help families prepare for the financial impact of an unexpected death during key earning, parenting, or debt-repayment years.
Potential uses
- Income replacement for dependants
- Mortgage and major debt protection
- Education and family expense planning
Things to consider
- Coverage ends when the selected term expires
- Premiums and eligibility depend on individual circumstances
- A review can help align the term and benefit with your needs