TERM LIFE INSURANCE
Protection for your short–term needs with a pathway for permanent coverage.
If you’re looking for a simple entry into life insurance, term life insurance is the best way to go. Term life is exactly what it sounds like—protection for a set period of time. It’s solid coverage and you can upgrade to a more permanent solution later if your life changes.
With term life insurance through your Fidelity Mutual Financial Advisor, you get so much more than coverage for a set period of time.
Our term insurance goes beyond protecting your family for the short term; it puts you and your loved ones on a path towards financial preparedness for the future.
Starting with term life insurance locks in your immediate protection and grants you the opportunity to access features like converting to permanent coverage in the future if your life changes. This means it can help you achieve your goals at every stage of life.
Consider term life if you’re looking for:
• Temporary coverage that allows you to convert to permanent coverage at a later time.
• Customizable add-ons that can adapt to your individual needs even as they change.
• Protection for your family that’s still budget-friendly for your wallet.
With term life, you can balance immediate needs with ongoing goals.
Let’s begin by looking at a few factors to consider while building your custom term life policy.
Your coverage:
With term life, you can choose exactly how long you will be covered. Some of our clients find it helpful to match their coverage length with various milestones, like paying off a mortgage or their kids finishing school. Whatever your needs are, you can build a custom policy—and you can convert to a permanent policy later.
Your budget:
You can select a product that best suits your wallet and goals. For example, you can lock in premiums that are guaranteed to stay the same for a selected period. Or you can start with smaller premiums that increase every year. That could be the right choice if you plan to convert to a permanent solution.