Term Life Insurance - North Carolina • South Carolina

Term life insurance is the most affordable type of life insurance. This makes it popular among young adults who are just starting families of their own. With a term life policy, you select the number of years—the term—in which your policy will be active. You may find monthly premiums to be affordable. But, keep in mind that dependents will receive a payout only if the policyholder dies within the specified term.

Sheally Insurance Group agents can tailor a term life insurance policy quote based on your unique circumstances and goals. Contact our agency to get started right away!

What are the benefits of term life insurance?

If you wish to leave a legacy behind for your family, life insurance is an important consideration. Term life insurance provides an affordable way to ensure your family can continue making ends meets. Because this is the most basic type of life insurance, it’s easy for many to fit it into their budgets. And you’ll pay the same rate for your entire term, regardless of waning health.

Additional Coverage Options to Consider

There are additional options for those looking for less coverage or those on a budget. Accidental death insurance, for example, only provides compensation if the policyholder’s death is due to an accident. This policy is typically cheaper than a whole or term life insurance policy. An accelerated death benefit provides advance cash compensation if the policyholder is diagnosed with a terminal illness. For policyholders that fall critically ill, disabled or injured, a waiver of premium rider is available, which allows the policyholder to waive premium payments on their life insurance policy. Some term life insurance policies also come with term conversion which allows you to switch a term life insurance policy to a whole or universal life insurance policy.

Life insurance doesn’t have to be complicated. Contact Sheally Insurance Group to discuss and obtain quotes for your best options.

Everyone’s needs are different, and the amount of life insurance you need depends in part on how many beneficiaries you have. On average, insurance professionals recommend that you carry anywhere between ten to fifteen times your income.

It's true! You can save money by bundling a life insurance policy with other coverages you need like a homeowners insurance or auto policy.