Term Insurance
Based on an applicant’s age, term Insurance is usually set up to have a level premium for 5-10-20-30-40 years. The policy provides a death benefit but there is no cash buildup inside the policy. Once the level premium period is over, the policy does not cancel, but the next year’s annual premium cost will increase significantly.
Each term policy will have specific conversion dates inside the policy where the policy owner can convert to a whole life or universal life policy without providing current medical information. No current medical underwriting is required.
For individuals in good health, use the button below and you can select the amount of coverage needed and apply for the policy at the same time.
The insurance carrier we are using is Banner Life (Legal and General America), one of the nation’s strongest and largest life insurance companies – specializing in term insurance. Banner Life and sister company, William Penn, manage over $1.4 Trillion in assets and pay over $1 Billion in claims every year.
For individuals in good health, use the link below to select the amount of coverage needed and apply for the policy at the same time.
Many people have some health issues and there is no one individual life insurance company that can provide the best combination of coverage and premium cost for all of the various health conditions.
Click the button below and let’s have a short conversation. You may need to complete a supplemental application and we will use that information to find the best carrier for your health condition.