It’s not about what you need, it’s about what your family needs when you’re not here.

1,000+

Families Helped through Peace of Mind PlanningTM

$97,000,000+

Life Insurance Plans

Placed and reviewed annually.

Brokers

This simply means we are not captive or limited to a specific carriers product line. .

Dedicated

Professional Advisors with Wide Array of solutions no matter how simple or complex your case may be.

It’s not about what you need, it’s about what your family needs when you’re not here.

1 Million+

Families Helped

$150 Billion

Life Insurance Placed

$800 Billion

Premium Sold

10,000+

Professional Agents

Amit Gandhi

Licensed Broker Specializing in
Life Insurance And Retirement Planning Specialist


Certified Asset Protection Planner CAPP(TM) | Certified Wealth Preservation Planner CWPP(TM)

State Representative and Rated "AAA" Advisor by the Asset Protection Society (APSTM)

Meet Your Advisor


I didn't stumble into the world of financial advising by chance. It was woven into the very fabric of my upbringing, a tapestry of sacrifice, hope, and the unwavering determination of immigrant parents seeking a better life for their children.

As a first-generation American, I witnessed firsthand the sacrifices my parents made when they embarked on their journey to the United States. Their dream wasn't just for themselves; it was for the generations that would follow, for the children who would inherit their courage and determination.

Growing up, I understood the weight of their sacrifice. Every opportunity I had, every privilege I enjoyed, was built on the foundation of their hard work and perseverance. It was a lesson in resilience, but also in responsibility — the responsibility to honor their sacrifice and ensure that their legacy lived on.

Why Life Insurance and Retirement Planning Matters


Life insurance isn't just a financial product to me; it's a testament to the love and dedication of parents who dared to dream of a brighter future. It's a promise to protect those we hold dear, even in the face of life's uncertainties.

At the age of 19, I purchased my first life insurance policy. Single and without children, some may have questioned my decision. But to me, it was a natural step — a way to safeguard my parents' future, to ensure that their sacrifices wouldn't be in vain.

For many South Asian Indian families like mine, the idea of nursing homes or retirement communities is met with trepidation. Our culture places a premium on family, on caring for our elders with love and respect. That's why I'm passionate about helping individuals and families prepare for the unexpected while building a foundation for a secure and fulfilling future.

My Approach


As a Life Insurance and Retirement Planning Specialist, I bring a comprehensive approach to financial security. From basic life insurance coverage to advanced strategies like Living Benefit Riders, Tax-Free Retirement Planning, Trust and Estate Planning, I leave no stone unturned in crafting personalized solutions for my clients.

Whether it's ensuring guaranteed income for life, planning for long-term care needs, or providing critical illness coverage, I'm committed to empowering my clients with the knowledge and tools they need to protect their loved ones and preserve their legacies.

Experience the ultimate peace of mind, knowing my support comes at zero cost to you—no hidden fees, no surprises, no matter the extent of our journey together.

Let's Plan for Tomorrow, Together.


Your journey towards financial security begins here.

Let's honor the sacrifices of the past while building a brighter future for generations to come.

Reach out today, and let's start writing your family's story of resilience, security, and enduring love.

WE GOT YOU COVERED

Image

Final Expense

Final Expense insurance will cover you for life. Prices are locked and will never increase nor will your policy end. These types of policies are designed to make sure all funeral and other end of life expenses are covered.

Image

Indexed Universal Life

This is a type of permanent policy that allows the insured to accumulate cash value in addition to their death benefit. It can be setup to help supplement your retirement plan.

Image

Final Expense

Final expense insurance is an affordable whole life policy designed to cover end-of-life costs, such as funeral expenses and medical bills, easing the financial burden on loved ones.

With guaranteed acceptance options and no medical exam requirements, it's an ideal solution for ensuring peace of mind and financial security

Image

Term Life Insurance

Term life insurance offers affordable, straightforward coverage for a specified period, providing a high death benefit at a low cost to protect your family’s financial future.

Ideal for income replacement, debt protection, or securing major life goals, term life insurance delivers peace of mind when you need it most.

Image

Fixed/Whole Life

Whole life insurance is a permanent life insurance policy that provides lifelong coverage, a guaranteed death benefit, and a cash value component that grows tax-deferred over time.

Ideal for individuals seeking financial security and wealth-building, whole life insurance offers stability, predictable premiums, and the potential for tax-advantaged savings.

Image

Indexed Universal Life

Indexed Universal Life (IUL) insurance combines lifelong coverage with the potential for cash value growth tied to market index performance, offering flexibility and upside potential without market loss risk.

Perfect for those seeking tax-advantaged savings, wealth-building, and customizable protection, IUL provides a powerful blend of security and financial growth.

Image

Mortgage Protection

Mortgage protection insurance is a way to protect one of your most valuable assets in the event of a death.

Most terms are designed to give you a full return of premium if you outlive the policy.

In the event of a death, the mortgage will be paid in full, so your family can keep the house.

Image

Fixed Indexed Annuities

Fixed Indexed Annuities (FIAs) offer a secure way to grow retirement savings with guaranteed income, combining 100% principal protection (your money will never go backwards due to negative returns in the stock market) with potential growth tied to market index performance.

Perfect for those seeking stability and tax-deferred growth, FIAs provide a reliable income stream and peace of mind during retirement.

Image

Mortgage Protection

Mortgage protection insurance is a way to protect one of your most valuable assets in the event of a death. Most terms are designed to give you a full return of premium if you outlive the policy. In the event of a death, the mortgage will be paid in full, so your family can keep the house.

Image

Fixed Indexed Annuities

This is a safe way to participate in the market's gains while avoiding potential loses and keeping your retirement secure.

Industry's Best

Insurance Providers

We Respect your Privacy.

Young Family Mom, dad, and child

Protect Your Loved Ones with Term Life Insurance

April 21, 20246 min read
Family who Gained Financial Security through Term Life Insurance

Protect Your Loved Ones with Term Life Insurance


Term life insurance, a unique financial tool, offers distinct advantages in protecting your loved ones in the event of your passing. Unlike other types of insurance, it provides a means of avoiding adding financial strain to an already trying period for those left behind. This article will delve into the features, benefits, and selection of the best type of coverage for your needs. Term life insurance, also known as 'term, 'offers protection for a predetermined amount of time. Unlike permanent life insurance, which covers the policyholder's entire life, it has a fixed number of years of protection.

Key Takeaways

  • Term life insurance covers a policyholder for a specific period, typically 10-30 years.

  • Term life insurance benefits include affordable premiums, flexibility, and peace of mind.

  • Instant-term life insurance allows quick and easy approval without a medical exam.

  • No-medical exam term life insurance is an option for those with health issues or who prefer to skip the exam.

  • Choosing the proper term length for your needs is essential and should be based on age, income, and financial obligations.


Term life insurance offers significant financial security for your loved ones. If the policyholder dies during the term, the insurance company provides a death benefit to the beneficiaries. This type of insurance is remarkably affordable, making it a reassuring choice for cost-conscious individuals and families. The lower premiums compared to permanent life insurance plans allow policyholders to secure higher coverage amounts at a lower cost, offering their loved ones greater financial protection.

Another advantage of term life insurance is its
flexibility. Policyholders can tailor the term, which typically spans between 10 and 30 years, to their specific needs and financial obligations. For instance, a young family with children might choose a longer term to ensure their children's financial security until adulthood. This flexibility allows for a personalized approach to coverage.

For the policyholder and their loved ones,
term life insurance offers a profound peace of mind. Comfort during hard times and anxiety about the future can be derived from knowing that a financial safety net is in place. It allows policyholders to concentrate on living their lives without worrying about leaving their loved ones in a precarious financial situation. One kind of term life insurance that provides coverage without requiring a drawn-out application process is instant-issue term life insurance. Instant-issue term life insurance can be obtained quickly, unlike traditional term life insurance, which may require medical exams and underwriting.

This kind of coverage is perfect for people who require protection immediately and don't have the time or want to go through a drawn-out application process.

Another term life insurance policy that does not require a medical exam as part of the application process is no-medical-exam term life insurance. This may be ideal for people with health concerns, a history of pre-existing conditions, or who prefer not to have a medical examination. It enables them to acquire coverage without requiring much medical testing or documentation.

You must select the appropriate term length for your term life insurance policy to protect your loved ones adequately. Several factors should be taken into account. Age is a crucial consideration when deciding on a term length. Younger individuals may choose longer durations to ensure coverage through retirement or until their children have grown up and are no longer financially dependent.

However, older adults might select shorter terms corresponding to their remaining debt. An additional important consideration is health. To lock in coverage while you are still eligible for insurance, it could be prudent to select a longer term if you currently have health concerns or anticipate developing health issues in the future. By doing this, you can ensure that your loved ones are safe even if your health declines. Financial commitments like mortgage payments or college tuition should also be considered when deciding on a term length.

Choose a term that fits your
financial objectives by considering how long it will take to pay off these commitments. Term life insurance gives policyholders the financial security of knowing their loved ones will be cared for in the event of their passing. Understanding this type of coverage's benefits, limitations, and specifications is crucial if you're considering getting term life insurance. Mortgage Protection Term Life Insurance is a specific kind of term life insurance intended to shield homeowners and their loved ones from one of the single, most significant liabilities homeowners will take on during their lifetime: their home mortgage debt if the policyholder dies. Homeowners with outstanding mortgage loan balances commonly seek Mortgage Protection Life Insurance. By taking the proactive approach and not leaving it to chance, this coverage would pay off the outstanding mortgage balance owed on the home should the insured die during their term coverage period.

Homeowners can rest easy knowing that their loved ones won't have to worry about mortgage payments on top of the emotional strain of losing a loved one. A critical first step is determining how much term life insurance you require. The right amount of coverage should be determined by considering several factors. One important thing to think about is your income.

If the policyholder dies, the death benefit should cover their loved ones'
expenses and replace their Income. Please consider variables like the number of dependents, ages, and expected future costs. Debt is yet another crucial factor. The death benefit should cover any unpaid debt, including credit card debt, auto loans, and Mortgages. Doing this lets you ensure your loved ones are free of these financial responsibilities. Planning for future costs like Education or college tuition and retirement savings is essential. These costs should be taken into account when calculating coverage. To sum up, term life insurance is vital in providing financial security for loved ones. It offers adaptable and reasonably priced coverage, giving policyholders and their loved ones Peace Of Mind (POM Planning).

In Summary, Choosing the appropriate term length and coverage amount for your needs is an essential step towards gaining a sense of financial security, regardless of which type of general term life you pursue. I always recommend that you adequately calculate the necessary coverage and maintain your policy by meeting with your Life Insurance Advisor/Professional for your annual policy coverage review.

If you do not have an advisor or insurance professional, you may contact me directly to schedule a free consultation. We can discuss your situation and tailor a coverage plan best suited for you and your family.

If you're considering
term life insurance, you may also be interested in learning about the benefits of whole life insurance. Whole life insurance offers lifelong coverage and a cash value component that grows over time. This means that not only will your loved ones be financially protected in the event of your passing, but you can also build up a savings account that can be accessed during your lifetime. To explore the advantages of whole life insurance further, check out this informative article: The Benefits of Whole Life Insurance.

 

Term Life InsuranceMortgage Protection Life InsuranceWhole Life InsuranceInstant-Issue Term LifeBest Term Life Insurance30-Year Term Life20-Year Term LifeIncome Protection TermConvertible Term LifeGuaranteed-Issue Term Life Final-Expense Term LifeTerm Life Insurance BasicsFamily Protection Term Life 108 Capital ManagementIndependent AgentIndependent Insurance brokerLife Insurance Specialist Life Insurance ProfessionalDallas TexasFort Worth, TexasEuless, TXHurst, TXBedford, TXSouthlake, TX Colleyville, TXPlano, TXFrisco, TXMcKinney, TXLewisville, TexasKeller, TXDenton, TexasSanger, TX Enns, TXBest Term Life QuoteLife Insurance Quote in TexasTexas Term Life InsuranceMassMutualNewYorkLife Northwestern MutualIllinois MutualPenn Mutual Prudential Life Banner Life Insurance SprouttEthosLife Insurance
blog author image

Amit Gandhi

I didn't stumble into the world of financial advising by chance. It was woven into the very fabric of my upbringing, a tapestry of sacrifice, hope, and the unwavering determination of immigrant parents seeking a better life for their children. As a first-generation American, I witnessed firsthand the sacrifices my parents made when they embarked on their journey to the United States. Their dream wasn't just for themselves; it was for the generations that would follow, for the children who would inherit their courage and determination. Growing up, I understood the weight of their sacrifice. Every opportunity I had, every privilege I enjoyed, was built on the foundation of their hard work and perseverance. It was a lesson in resilience, but also in responsibility — the responsibility to honor their sacrifice and ensure that their legacy lived on. You can learn more about my services as I discuss them through my online blog, from Life Insurance Planning to building a Tax-Free Retirement with Guaranteed Income for Life. You can find all of the topics here!

Back to Blog

Just fill out the form with your contact information and we’ll get back to you as soon as possible.

Request a quote

Just fill out the form with your contact information and we’ll get back to you as soon as possible.

We respect your privacy.

© Copyright 2023 108 Capital Management, LLC / 108CMInsurance. All rights reserved.