Often considered a temporary policy, term life insurance is only meant to cover you for a specific “term” or period of time during which the premiums may remain level. Coverage may continue after the level premium term but typically at higher premiums or with reduced face amounts. This can be anywhere from one year up to 30 years. If you were to die unexpectedly during that specific term, your beneficiaries will receive a set payout (known as the death benefit) as specified on your policy.

Being simple in concept, term life can help you affordably address the difficult question of how your family will financially manage if you were to pass away unexpectedly. Key benefits include:

• A fixed level premium that won’t increase
• A level death benefit that guarantees that the amount of coverage will stay the same (won’t decrease) for as long as you own the policy (the length of the term as long as the premiums are paid.)
• The ability to choose the term length that best meets your needs – typically 10,20, or 30 years
• Typically offers low initial costs with coverage with limits ranging anywhere from $5,000 to several million

- See more at: http://www.protective.com/learning-center/life-insurance/term-life-insurance/#sthash.e1GXNgMW.dpuf

Modern cars can be wonderful, but there's something about a classic that makes them timelessly beautiful. Take the Model T, for instance. It was one of the first cars ever mass-produced, but its distinctive high carriage, convertible roof and endearing headlights never go out of style.

Erie Insurance is a little like that Model T. We've been around a long time—in fact; the Model T was the most popular car when ERIE was founded way back in 1925. We got our start insuring cars, back when they were still new-fangled horseless carriages. And for the past 86 years, we've continued offering the same comprehensive, attentive and timeless service. It's just a part of who we are.

Don't get us wrong—there's a place for the new and modern. But when it comes to protection and service, you want the classic treatment.  Come see why we are an award-winning car insurer, and how we can take care of your new-fashioned car with classic customer service.