Term Life

 

Its like the title of the policy states, its based on a certain term or time period in which you will pay regular premiums. The only way it pays out is if you pass away during that period. Typical terms include 5, 10, 15, 20, 25, 30, 35, and 40 year term policies. These policies are designed to be level premiums which means the payment will not increase as the time goes on but the longer the term of the policy the higher the premium.

​

At the end of the day Term Life Insurance is a very important investment that every family must have. Your Midwest Life Insurance agents at the Woods Family Insurance Group are here to help you find the policy that best fits you. Call today at 812-234-2300 or click the button below.