Term insurance is usually the most affordable plan. This coverage is in place for a certain time period often referred to as “temporary coverage.” Typically coverage term periods are 10, 15, 20, or 30 years. In the case that a covered loved one passes away before the end of the chosen term period, the policy pays the tax-free death benefit to your chosen beneficiary.

Though these type of plans can be very useful and is normally quite affordable for larger benefit amounts, coverage typically ends when the chosen term period expires. When a typical term plan expires you may forfeit all the premiums paid in to the policy ...Policy Pathways offers products that can return 50%-100% of all premiums you paid as long as no claim was paid out by the policy.

We also offer term plans that offer the option to convert your term in to permanent (whole life) coverage at the end of the term period, Some of these conversion options may no longer require monthly premiums to be paid & cover you until age 100 or 120.