VIDEO: Types of Term Life Insurance
by Leah Woodly
Are you confused about which life insurance policy is right for you? In this video, we break down the key differences between Annual Renewable Term, Level Term, and Decreasing Term life insurance policies.
📌 What You'll Learn:
- The basics of Annual Renewable Term life insurance and how it works year-to-year.
- Why Level Term life insurance is a popular choice for long-term financial planning.
- How Decreasing Term life insurance can be a smart option for covering debts like mortgages.
Whether you're new to life insurance or just looking for a refresher, this video will help you understand your options and make an informed decision.
This material is intended for educational purposes only. You should always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. Nothing in this material constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost. Dorval & Chorne Financial Advisors is a registered investment adviser with the SEC. Registration of an investment adviser does not imply a certain level of skill or training.