Term Life Insurance

Term life insurance is a straightforward, affordable option for individuals seeking financial protection for a specified period. At Mike Carvalho Insurance Services, we provide term life insurance policies that offer peace of mind during key stages of life, such as while raising children, paying off a mortgage, or growing your career.

Term life policies offer coverage for a set number of years, often ranging from 10 to 30 years. If you pass away within the term, your beneficiaries receive a tax-free death benefit. This payout can help cover various expenses, including daily living costs, debts, and future financial goals. Since term life insurance doesn’t accumulate cash value, it generally offers higher coverage amounts at a lower premium than permanent life insurance.

One of the primary benefits of term life insurance is its flexibility. You can choose a term length that matches your current life stage and financial obligations, allowing you to adjust your coverage as your needs change over time. Some term policies also include the option to convert to permanent life insurance, giving you the flexibility to extend coverage in the future without needing to requalify.

At Mike Carvalho Insurance Services, we help you determine the appropriate amount of term life insurance coverage based on your family’s needs and financial situation. Whether you’re looking for short-term protection or coverage for a specific period, we’ll find a plan that fits your budget and provides the security your loved ones deserve.

For personalized assistance in choosing term life insurance, contact Mike Carvalho Insurance Services today.