What Is Term Life Insurance?

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Personal Lines

As an independent insurance agency, personal lines is an important part of the products

and services we provide to our clients. We have the privilege of servicing over 12,000 personal lines policyholders. Our agency’s goal is to develop long-term relationships with all of these clients, providing the safety & security that is required to protect their personal possessions and the income flows of their families. The insurance carriers we represent are among the best and share our desire & commitment in servicing your financial needs. These carriers all have A (excellent) ratings by A.M. Best, a sign of financial strength and the ability to pay claims. Our clients can be assured that the carriers we represent are fiscally responsible and highly responsive to the needs of our clients in any claim situation.  Go to the page
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Life & Health Insurance

At Body-Borneman, we know that our clients have more than automobiles and homes

to protect. That’s why we organized our life and benefits department back in 1962. For over 35 years, we’ve been helping customers to protect their health, incomes and savings from the risk of financial loss, including: We pride ourselves in the abundance of products and services we have available to meet your insurance needs. We are staffed with professional agents at all 3 of our locations, who can assist you with any insurance need you have .  Go to the page
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Commercial Lines

Body-Borneman specializes in Commercial insurance, with over 2,000 clients

Regardless of whether your business is manufacturing, wholesaling, contracting, retailing or service, we can find and tailor a program to match your needs, whether through traditional insurance products – or more creative, self-insurance captive programs As an independent agency, Body-Borneman represents a large assortment of today’s most competitive carriers for many industries. Having ready access to these markets makes us uniquely qualified to tailor to your specifications a package of protection.  Go to the page
Companies We Represent

Welcome to Body Borneman Insurance

Term life insurance is a carefully-selected and focused life insurance policy that many decide to purchase. It is beneficial to anyone with family and only assures the financial freedom that they are accustomed to should you pass away. Everyone wants to know what term life insurance is and how their family is protected if a death was to occur.

 

Term life insurance isn’t a permanent life insurance policy but it can be good for up to 30 years depending on the length of time you choose to purchase. Typically a person can choose a term for 10, 15, 20, 25, or even 30 years. Term life is available to nearly everyone. The younger and healthier you are, along with the terms you set for your term life policy will all affect your premium.

 

A life insurance company will assess your wants and needs when trying to set up your term life insurance policy. They will set up the policy exactly how you see fit and then they will set your premium. For instance, you could set a term life policy to pay up to $500,000 worth of debt. The difference with a term life policy and a permanent policy is that there is no cash value. It will only cover the debts that the purchaser agreed upon.

Why Should I Purchase It?

 

What is Term Life Insurance? Term life insurance is the most inexpensive form of life insurance and it will help care for any financial issues that arise after the purchaser’s death. It is to act as a form of monetary relief after a person passes and their income is no longer available to the family.

 

Purchasing term life insurance will give your family the relief they’ll need after you pass. It can pay for student loans, a mortgage, outstanding bills, and anything else that might be a hindrance to your family in the future. Many feel comforted knowing that when and if they pass, their family will be taken care of financially, and their financial burdens won’t affect them.

Finding the Right Company to Purchase Term Life From

It is so important that a person finds a reliable company to buy life insurance from. Even if the company doesn’t exclusively sell life insurance policies, they have to be well-reviewed by their current customers and dependable in any possible circumstance. If the company you choose sells other forms of insurance, you can even request to bundle several policies of different types to save some money.

 

To find the right company to purchase term life insurance from, you will need to research and understand what term life insurance is. Call Body-Borneman Insurance with four convenient locations in Pennsylvania to learn more about term life insurance. If you decide to come to our licensed agency in PA for help, we will make sure to find you the right term life at a low premium. Either way, you should not settle for the company with the lowest premium. Make sure that they are covering exactly what you asked and are giving you the amount you selected in the end.

 

Body-Borneman Insurance has an extensive amount of knowledge on life insurance plans. Let us find the right company for you after we consider all of your wants and needs. Our agents have several companies we work with and can easily negotiate to help you get the premium you would like.

Should I Get Online Quotes?

Getting quotes through the internet is fine but don’t use it as a crutch to choose the life insurance company you choose to purchase from. When we give you insight on what term life insurance is, you will feel a sense of relief. Talking with an insurance agent and having that one on one contact can make all of the difference. We could even give you a different quote over the phone after you talk with them rather than the one you received from our online tool.

 

If you decide to get online quotes, do so by getting the quotes from the information you provided on the request form and one of our agents will provide you with list of companies suited best for your needs. If you feel that one company really understood you, had the premium you expected and is giving you the proper coverage, go ahead and purchase life insurance from them as long as you are comfortable in doing so.

 

What is term life insurance? Term life insurance is a way of protecting your family’s future. Weigh out all of the options and come up with strict terms for your policy. Our agents at Body-Borneman Insurance in Pennsylvania are here to help you.