Term life is the simplest form of life insurance. A term life policy, as its name implies, guarantees a set death benefit paid in the event that your death occurs during the term of the policy. Unlike whole life, which accumulates a cash value, there is no value to a term life policy beyond the death benefit. Understanding all the features of a term life policy can help you determine if it’s the right type of life insurance coverage for you and your family.
To learn more about what coverages and policies make sense for you, contact your local Pharmacists Mutual field agent.
Life insurance products are written through PMC Advantage Insurance Services, Inc., a wholly-owned subsidiary of Pharmacists Mutual Insurance Company.