Protecting Your Future with Term Insurance

The most common form of term life insurance is guaranteed level premium term life insurance, where the premium is guaranteed to be the same for a given period of years. The most common terms are 10, 15, 20, and 30 years. In this form, the premium paid each year is the same. The longer the term the premium is level for, the higher the premium, because the older, more expensive to insure years are averaged into the premium.

Most level term programs include a renewal option and allow the insured to renew for a maximum guaranteed rate if the insured period needs to be extended. Typically this clause is invoked only if the health of the insured deteriorates significantly during the term.

Return of premium life insurance is a type of term life insurance policy. The concept is that the policy returns the premiums you have paid for coverage over that fixed term period if coverage is never used. For instance, a $1 million policy bought for $50,000 over a 30 year period would result in the $50,000 being refunded to the policyholder.   

Critics point to the rate of return being less than in a typical investment, as well as the extra cost of the policy compared to basic term life insurance policies. Also, if the policy is cancelled at any time, no money is refunded. While this was the original concept, many current policies do allow prorated refunds at some point during the life of the policy

The process is actually a lot simpler than you think! Because we are brokers our rates and plans are a lot more inexpensive than you think because we are able to shop over 40 carriers for you to find you the best plan that fits both your budget and your needs. 

Benefits of Working With Us:

✅ No Medical Exams Required in Most Cases

✅ Approvals Can Be Done Same Day In Minutes

✅ Tobacco Users Can Be Accepted

✅ Affordable Low-Cost Premiums That Fit Anyone's Budget

✅Have some health concerns? That's ok we have several carriers who accept health concerns your family deserves coverage as well.

 Click the blue button below, and one of our licensed agents in your state will email you a few options to review. Please be as honest as possible on the form, as every carrier can access your medical information online. They'll see your full medical history, and we want to ensure you get the most accurate options based on what you qualify for. 

✅ We work with over 40 carriers.

✅ Some are more forgiving than others with former medical conditions.

✅We try to avoid declines as those will impact you getting coverage with some carriers so let's gather all the proper information needed to get you the most accurate rates.