Life Insurance
Keeping a Home in the Family
Jason and Amy are raising a family while paying down their mortgage. Whatever happens, they don’t want their children to lose their home or be burdened with their debt.
What’s the answer?
Jason and Amy purchased 30-year term life insurance policies to pay off their mortgage. Their wish is to have the home passed down to their children.
WHAT IS TERM LIFE INSURANCE?
To help you determine if term life insurance is right for you, consider the following questions. Do you:
- Want to assist loved ones with paying funeral costs?
- Have mortgage or credit card debt that would burden others?
- Worry about leaving unpaid bills, such as medical expenses?
- Have household expenses that others would have to pay?
- Worry that you have no life insurance whatsoever?
If you answered yes to any of these questions, then a term life insurance policy from Erie Family Life1 may be the answer for you. When you buy term insurance, you get to choose how long you need it and how much coverage you want.
With ERIE, you can select from 5-, 10-, 15-, 20- or 30-year plans. We offer two term life insurance plans, including an easy-to-purchase option and level term insurance.
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