Term Life Insurance

Unfortunately, life is filled with unpredictable events, and you never know what will come your way.  While you may hate to think about it, you are always a risk of dying unexpectedly.  If you have a spouse, children, or other loved ones who are depending on you for their financial stability, then it’s important that you protect them with the right term-life insurance in Oregon and Washington.  Securing term-life coverage from the experts at PDX Insurance Nerds can offer your loved ones the financial protection they need.

Term-Life Insurance

Life insurance is designed to offer financial coverage to help your beneficiaries to pay off your outstanding debts, meet your ongoing financial obligations, and cover your final expenses.  Your life insurance benefit can also be used to replace your income and help your loved ones continue to pay everyday expenses like rent, groceries, and so on.

Term-life insurance policies are the most common form of life insurance in the United States.  These policies offer coverage for a set amount of time (usually 10-30 years), during which the policyholder pays insurance premiums.  If the policyholder dies during their term length, then the insurer will distribute their benefit amount to the beneficiaries listed in the policy.  However, if the policyholder dies after their term-life coverage has expired, then the insurer has no financial obligation to the family.  Because term-life policies are relatively straight-forward and temporary, they are the most affordable type of life insurance coverage available.

Are you interested in learning more about term-life insurance in Oregon and SW Washington?  If so, then please do not hesitate to contact the experts at PDX Insurance Nerds.  Our dedicated team is eager to assist you with all your life insurance needs today.