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Securing a Future: 20 Year Term Life Insurance

what is 20 year term life insurance

Have you ever wondered what life was going to be like for the next 40 years? Have you asked yourself if you are prepared for the unexpected? Do you have life insurance? Have you considered a 20 year term life insurance policy?

Unexpected Events

Planning for the future can be a difficult task because it is full of unexpected events. Most people like to dream of weddings and purchasing homes, but few spend time thinking about death. Many people don’t realize that is a very important part of planning for your future. If we want to be sure our family is taken care of in the event of our death then we need to think about life insurance plans.

College Tuition

Many people consider a 20 year term life insurance policy because they are worried about making sure their children are able to attend college if they pass away unexpectedly. College is a big factor when planning for the future, and many parents would like to have the guarantee that their children will be able to attend no matter the circumstances.

Older Loved Ones

Some people take out 20 year term life insurance policies if they are particularly worried about a specific length of time. Many people have older loved ones that they take care of or are particularly close to, and often a 20 year term life insurance policy is an appropriate policy when concerned about their future.

Financial Plan

Having a financial plan can be very helpful, but it is important to incorporate unexpected events into that financial plan. Make sure you consider your needs now, and plan to cover those needs for your loved ones in the event of your death. Start planning today!


People spend their whole lives working to provide for their families. They spend much of their money on providing for their families and ensuring their happiness. If a life insurance policy is not put in place when a person passes away much of their assets disappear in just a short time period. A life insurance policy is necessary to ensure the safety of your loved ones’ future.

Invitations for application for life insurance on are made through Efinancial, LLC or through its designated agent, Michael W. Rowell, only where licensed and appointed.License numbers are

available upon request and are automatically provided where required by law. Michael Rowell is a licensed life insurance agent in all 50 states, including the District of Columbia, and his resident state of Washington. Michael W. Rowell’s Washington license number is 150354; in California, 0C83033; in Louisiana, 265202; in Minnesota, 20234878; in Utah, 126919; in Massachusetts, 1757436; and in Texas, 1001041. Efinancial, LLC’s California license number (d/b/a Efinancial Term Insurance Services) is 0F37537; in Louisiana, 323680 and in Utah, 104501.

Not all products available in all states. Fidelity Life Association is licensed in all states and the District of Columbia, except for Wyoming and New York. Our NAIC number is 63290.

* Quotes based on a composite of participating carriers which have at least an “A-” rating by A.M. Best. Rates current as of 10/6/2011 for a Guaranteed 10 year term-life policy, issued at each company’s best-published rates. Comparison made for a male, preferred plus, non-tobacco user, ages 35, 40, 45 and female, preferred plus, non-tobacco user, ages 35, 40, 45. Rates and the products available may vary by state. All policies are subject to underwriting approval.

American General Life and Accident Insurance Company, Nashville, TN; Banner Life Insurance Company, Urbana, MD, and William Penn Life Insurance Company, Garden City, NY, both Legal & General America companies; Fidelity Life Association, A Legal Reserve Life Insurance Company, Chicago, IL; Genworth Life and Annuity Insurance Company, Lynchburg, VA and Genworth Life Insurance Company of New York, New York, NY, member companies of Genworth Financial, Inc.; First MetLife Investors Insurance Company, New York, NY, MetLife Investors USA Insurance Company, Irvine, CA and Metropolitan Life Insurance Company, New York, NY, all three members of the MetLife family; Protective Life and Annuity, Birmingham, AL; Pruco Life Insurance Company, Newark, NJ and Pruco Life Insurance Company of New Jersey, Newark, NJ, member companies of Prudential Financial, Inc. Newark, NJ; Reliastar Life Insurance Company, Minneapolis, MN, Reliastar Life Insurance Company of New York, Woodbury, NY and Security Life of Denver Insurance Company, Denver, CO, member of the ING family of companies; Transamerica Financial Life Insurance Company, Harrison, NY, and Transamerica Life Insurance Company, Cedar Rapids, IA, both AEGON companies

Rates and time taken to purchase a policy vary by product.

Copyright © 2013 Fidelity Life Association, A Legal Reserve Life Insurance Company. All rights reserved.

Category: Insurance

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