Protect What Matters Most
Why Choose Term Life Insurance?
1. Affordability
Term life insurance typically offers lower premiums compared to permanent policies, allowing you to get higher coverage for less.
2. Flexible Coverage Durations
Choose from 10, 20, or 30-year terms (and more) to align with major life events like paying off a mortgage or covering your children’s college expenses.
3. Financial Security for Your Family
In the event of your passing, your term policy provides a tax-free death benefit to help cover immediate expenses, debts, and ongoing financial needs.
4. Simplicity
Term life policies are straightforward: pay premiums, receive coverage for a specific term, and protect your loved ones without additional complexities.
Our Approach at Korhorn Financial Group
At Korhorn Financial Group, we go beyond just selling policies. Our team of experienced advisors works closely with you to ensure all aspects of your financial plan are covered. Here’s how we guide you through the process:
- Personalized Consultation
- We start by discussing your financial goals, family situation, and any existing coverage you might have.
- Customized Policy Recommendations
- Based on your goals, we recommend term lengths and coverage amounts that align with your budget and future plans.
- Application & Underwriting
- We assist you in completing the application and streamline the underwriting process for a hassle-free experience.
- Ongoing Policy Reviews
- Life changes—so should your coverage. We review your policy regularly to ensure it continues to meet your evolving needs.
Who Needs Term Life Insurance?
- New Parents: Cover childcare costs, future education expenses, and daily living costs.
- Homeowners: Ensure mortgage payments can continue if one income is lost.
- Business Owners: Protect business obligations or secure key person coverage.
- Empty Nesters: Supplement an existing life insurance plan or provide temporary coverage for critical financial responsibilities.
Frequently Asked Questions
Q: How do I determine the right term length for my policy?
A: It depends on your personal circumstances. If you want coverage until your children are out of college, a 20-year term might suffice. If you have a 30-year mortgage, opt for a 30-year term. Our advisors will help match your policy to your milestones.
Q: What happens when the term expires?
A: Once your term ends, you typically stop paying premiums and the coverage ends. You may have the option to renew or convert your policy into permanent coverage, depending on the insurer’s terms.
Q: Is a medical exam required for term life insurance?
A: Many policies do require a medical exam, though some “no-exam” term life policies exist. We’ll help you explore your options based on your health profile.
Q: Can I increase my coverage later?
A: Depending on the policy and insurer, you may be able to increase your coverage or convert to a different type of policy. However, changes often require additional underwriting.
Why Korhorn Financial Group?
- Holistic Financial Planning: We look at your complete financial picture, ensuring your term life policy aligns with your retirement, investment, and estate plans.
- Trusted Advisors: Our team has decades of experience helping clients protect their families.
- Local & Accessible: We’re proud to serve individuals and families in Granger, Mishawaka, South Bend, and the surrounding areas. We’re always here to answer questions and provide guidance.
- Commitment to Your Success: Our mission is to help you make informed decisions for long-term financial health.
Get Started Today:
Ready to take the next step toward a more confident financial future? Contact Korhorn Financial Group today:
- Phone: (574) 247-5898
- Email: nonpc@korhorn.com
- Office Locations: Contact | Korhorn Financial Group | Granger, IN
Schedule your complimentary consultation—our dedicated team is ready to provide personalized strategies tailored to your goals. Let’s start building your financial confidence together!
