Term Life Insurance March 10, 2020March 10, 2020 adminUncategorized Term Life InsuranceThe main advantage of term life insurance is cost. You can buy more death benefit at lower cost compared to whole life insurance. Term life insurance is ideal for insuring mortgages, short-term loans, children’s expenses, replace spouse’s income, and other debts. The face amount or death benefit of an insurance policy should be high enough to replace the after-tax income you would have earned had you lived a full life. The proper amount of insurance allows your family your family to continue their lifestyle, even though your income is no longer available. It is important to protect your family and get life insurance.