Product Summary
The Detail of the Term Life Insurance
The Term Life Insurance is a paperless electronically enabled product. The
initial cover period is 60 days of term life insurance. Full term of 10 year
coverage commences after the underwriting validation.
Who are the Insurance Companies
The policies are issued and underwritten by various Life Insurance Companies
dependent of your State. All Life Companies are Licensed by the various State
Authorities
Length of the Policy
The length of the policies are:
Age Limits for Entry
The ages for issue of the policies are:-
Face Amounts
The face amounts for each single policy are $10,000 to $250,000
Rate Guarantees
The rates are guaranteed on the issue of the full-term policy.
Classes of Underwriting
The following classes are underwritten: Preferred Non Tobacco, Preferred Tobacco
User, Standard Non-Tobacco and Standard Tobacco User
Payment Methods
The following follow are the only methods of paying the regular premiums: Visa,
MasterCard, American Express and Discovery
Payment Frequency
The payment terms available are monthly.
Policy Ownership
The policy is owned by the Insured, though once the full policy is in force,
changes in the ownership of the policy can be made.
Beneficiary
The beneficiary can be: Spouse or immediate family member; grandparent; niece;
nephew; business partner or partners; trust or estate.
Please Note
Term Life Insurance or its features may not be available in all States. Benefits
offered by all Life Insurance Plans can and may vary due to the misstatement of
age or gender.
|
