If you have a young family and a tight budget, you may not think that you can afford life insurance. You may be surprised! The professionals at Jim Boyce Insurance, servicing the Matthews, NC area, can help you with this.

We work with many insurance carriers to help our customers find the best policy for their needs. If you need life insurance and think you can’t afford it, term life insurance may be the best option. Here’s what to know. 

What Is Term Life Insurance?

Term life insurance is a type of life insurance that only lasts for a specific period, and then the policy ends. Many people choose term life insurance when their children are young and finish their policy when their children are adults.  

If the insured dies while the policy is active, a benefit will be paid to the beneficiaries. Term life insurance is often available for a lower cost than options like whole life insurance, so it is often the insurance policy of preference for young families with tight budgets. 

Why Choose Term Life Insurance for Your Household?

Term life insurance can be used to pay for important expenses like a mortgage payment, tuition fees, food, bills, and more. If you choose term life insurance for your family, you can enjoy peace of mind knowing that your family can enjoy financial stability even after you die.

Need Term Life Insurance? Call Today

If you need term life insurance, the professionals at Jim Boyce Insurance, servicing Matthews, NC and surrounding areas, can help. We provide life insurance of all kinds to our customers. We work with many insurance carriers to give our customers options. For more information, give us a call today.