Death Benefit Term Life Insurance

What is a death benefit for term life insurance?

Actually, term life insurance is temporary life insurance that provides coverage for a limited period of time.

Term life is death benefit coverage only, not an investment.

There is no cash value feature of a term life policy, it only provides a death benefit.

That’s why it is referred to as "Pure Protection", not an investment.

If the insured person dies during the term life policy term, while coverage is In Force, the death benefit is paid out to the beneficiary of the policy, subject to any exclusions stated in the policy.

Learn more about term life insurance death benefits.