Term Insurance Products
Term life insurance provides life insurance only for a limited period of time, or term. Some common uses of term insurance include:
- Family Protection: To provide the
funds to support a surviving spouse and/or minor children or to provide
the cash for a child’s college education or pay for other capital
needs; to pay final bills such as medical or other estate expenses.
- Business Planning: A business may
use term insurance to insure a key employee, or to recruit or retain
key employees through a salary continuation plan. Term insurance is
also useful as a way to fund a cross-purchase buy-sell agreement, particularly
where one owner is significantly younger than the other.
- Charitable Gifts: To provide funds for a gift to charity1.
Taber Brokerage Services offers term insurance products from recognized
and highly rated companies, and our energetic team follows the changes
in the term insurance market daily. Call us with your next case
– 405.235.4610 or 800.627.3100.