Term Life insurance in Maine

Main term life insurance means that an insurer is under an obligation to pay in case of death of an insured person during a time stated in a contract. In case of endowment of a person till the end of the contract period an insured person is released from an obligation to make insurance payments and is free to make a new contract. This insurance type does not imply an accumulation of capital. Often term life insurance contracts are made with a condition of their automatic resumption. There are some variants of term life insurance according to an insurance period and sums of payments so insurance companies’ clients have a lot to choose from.