• 64°

What is your objection to term life insurance?

One objection to purchasing term life insurance is just that: when the term is over, the policy is finished. That’s it. No more coverage.

Many people I’ve talked with about term insurance worry they will outlive the policy period and “waste their money” on something they didn’t need. It can be difficult to counter these arguments except by explaining how term insurance can be an affordable way to provide life insurance coverage for a specific time period.

Until now. Insurance companies are offering term policies that actually return the premiums you’ve paid after the level premium period ends. In other words, if you purchase a 20-year term policy and are still living when the 20-year level premium period ends, the premiums you paid will be returned to you, in many cases free of federal income tax.

Those returned premiums can have a number of uses. If you still need life insurance you could purchase another policy. You could also use the premiums that are returned to pay down your mortgage or even add to your retirement savings.

Life insurance can provide peace of mind that your loved ones’ financial burdens may be eased if you are no longer there. The benefit provided by life insurance can help keep dreams alive.

One objection to buying term life insurance has been addressed by a policy that may return the premiums you paid.

Ask an insurance professional about a product that provides needed life insurance coverage but has the potential to return your premiums at the end of the term.

Stuart Heflin is a local State Farm agent.

News

City receives $1.2 million for emergency bluff stabilization project

News

Update: Suspect in Tuesday morning shooting arrested

News

UPDATE: Missing juvenile found

News

Family searching for missing teen

Business

Natchez trucking company in need of CDL drivers

News

Mississippi to end federal unemployment supplement

News

Two children injured in dirt bike accident when struck by car

News

Victims identified in fatal crash Thursday in Vidalia

News

Katie’s Ladies model celebrates 102nd birthday

News

Dart: Natchez is second home to radio show producer, DJ

News

Trial delayed for Adams County murder suspect

News

One dead, 2 injured in two vehicle wreck in Vidalia

News

CPSB selects two finalists for next superintendent

Business

Atmos Energy replacing gas pipes for some Natchez residents

News

Schools to get $31 million for COVID-19

News

Man sentenced to 40 years Wednesday for killing step-daughter, injuring 3 other relatives

News

Officials working to bring commercial flights to Natchez-Adams Airport

News

Five candidates remaining for next CPSB Superintendent

Business

Furdge appointed to Natchez Convention Promotion Commission

COVID-19

Photo gallery: Clinic gives COVID-19 vaccines to inmates with mobile unit

News

Kiwanis Club giving new life to forgotten bike trail

Business

Grant money available to restaurants, bars from American Rescue Plan Act

BREAKING NEWS

Severe thunderstorm warning issued for Adams County, school dismissal delayed

News

NOAA weather station off air amid onset of thunderstorms in Adams County