Term Life Insurance

Term life insurance provides coverage at a fixed rate for a limited period of time, also known as the relevant term.  After the relevant term is over, it is up to the insured if they want to renew their policy.  A common strategy is to have a term policy that ends at or around the insured’s retirement so that they are insured until they can provide financial security for their household, thus eliminating the need for a Life Insurance Benefit.  The largest contrast between term life insurance and Whole Life or Universal Life Insurance is that the policy term is a set amount of time as opposed to time of death or the age of 100.

Sgroi Financial employs an Insurance Specialist who can help you choose the best Life Insurance for your legacy planning.

Discuss your investment needs with us today.

Call us at 716-674-6700 or send us an email