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Term Life


Term Life is the most simple form of life insurance. The coverage is for a specified time (term) and provides only a death benefit upon maturity.

Potential Advantages

Potential Disadvantages

Possible Riders

Return of Premium Term “ROP”

Return of Premium (ROP) term life insurance combines the advantages of a traditional term policy such as affordable guaranteed level premium periods with a return of premium feature.

How it works: If you keep your policy for the desired term period (15, 20 or 30 years) the insurance company will return 100% of the premiums paid. Some of these policies also offer partial refunds or guaranteed cash values which increase annually until the term period is up for early surrenders.