Guardian Finance Group

Guardian Finance Group

Guardian Finance Group

Term Life Policy

Term life insurance provides coverage for a specific period — typically 10, 20, or 30 years — and pays a death benefit if the insured dies during that term.

Term Life Insurance

Provides coverage for a specific period — typically 10, 20, or 30 years — and pays a death benefit if the insured dies during that term.

Key Features

  • Protection ends after the term unless renewed into a new term policy, or converted into permanent policy (whole life or universal life)

  • Pure insurance — there’s no savings or investment component like with whole life or universal life policies

  • Significantly cheaper than permanent insurance for the same death benefit

  • Typical coverage ranges from $50K to $1M in face amount

Typical Use Case

Clients seeking affordable, simple protection — often used for income replacement or covering temporary financial obligations (like a mortgage or raising children)