Family Benefit Life | Term Life Policies | 10 Year Level Term

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Twenty Year Level Benefit Term

 

Policy Description

 

This is our newest Term policy.  It is an inexpensive way to purchase a lot of coverage.  It is set-up to have a level death benefit for its existence.    There is also the option of conversion which allows you at any time to convert your policy to one of our whole life products, up until age 65, at the same benefit level or less.  You don’t have to prove insurability to accomplish this.  This is a great plus for individuals that become uninsurable, but want to have the benefit to cover their final expenses. (Funeral, medical, etc.)  Due to the low cost nature of this product, it is ideal for new families that have a mortgage, school debt or the financial responsibility of young children.

 

Policy Specifications

 

  Issue Ages 15 through 60  
       
  Issue Amounts Minimum 15 through 40
Minimum 41+
Maximum All Ages     
$ 100,000
$ 50,000
$ 750,000
       
  Premium Classifications Male-Preferred-Non Tobacco
Male-Preferred-Tobacco User

Female-Preferred-Non Tobacco

Female-Preferred-Tobacco User
Male-Standard-Non Tobacco
Male-Standard-Tobacco User

Female-Standard-Non Tobacco

Female-Standard-Tobacco User
       
  Premium Payment Options Annually
Semi-Annually
Quarterly
Automatic Monthly
Monthly Billed
 

(.520 of Annual)
(.264 of Annual)
(.094 of Annual)

(.094 of Annual
+$1.00
)