Washington Dentists' Insurance Agency

Term Life Insurance

Term Life Insurance, as the name suggests, provides life insurance coverage for a specific period of time, usually a 10, 15, 20 or 30 year term. Term Life is meant to cover you for the time when you need to keep your family or business financially secure should the worst happen. 

Because Term Life Insurance does not have a cash value feature, it is significantly cheaper than Permanent Life Insurance policies. Term Life Insurance can be very useful to younger dentists since they have a high insurance need by comparison to more established dentists due to greater debt and fewer assets. Term Life Insurance can help your family to pay off the debt that tends to accrue at the beginning of a dental career due to home mortgages, practice loans, and other liabilities.  Primarily, term life insurance is income replacement for your loved ones so they have no financial burden upon your death.

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