10 & 20 YEAR TERM

These plans are level premium plans, while these plans have no cash value provision; they provide protection at a lower cost.

Both 10 and 20 year plans are convertible to a whole life plan at any time during the term of the contract, by request of the insured before the insured’s attained age 60 and for an amount equal or lower than the original coverage amount.

The new policy will become effective concurrently with the date on which the existing term policy will be terminated, that means that there will be no period without coverage.

This option gives you flexibility for future needs while the term policy allows you to be covered today.

The Conversion does not require additional proof of insurability or medical examinations.

The minimum age these plans can be purchased is age 20 and the maximum age is 65 for the 10 Year Term and age 50 for the 20 Year Term.

Coverage ends at age 75 for the 10 Year Term and 70 for the 20 Year Term.

Minimum insurance amount that can be purchased is $25,000 and maximum is $500,000.