Term Life*
Term insurance provides temporary protection for a specified period of time. AmeriLead, LLC agents has several high-quality term products that can provide your clients with the most coverage for their dollar.
Introduction
Legacy Value Level Term – If you are looking for life insurance coverage at a low premium, check out our Legacy term insurance products. This plan comes in a trio of options: a 10-year, 15-year, and 20-year level term. The Legacy plan pays a death benefit if you die during the term of your policy; however, unlike permanent plans, the policy does not build cash value.
Why term insurance?
If you want to get the most life insurance protection for your dollar without the cash value of permanent life insurance, term insurance is the way to go. It provides life insurance protection for a predetermined period of time, usually 10, 15 or 20 years. Term life insurance pays a death benefit if you die during the term of your policy; however, unlike other types of life insurance, the policy does not build any cash value.
Issue Ages (at last birthday):
- 10 year plan................ 18-70
- 15 year plan................ 18-65
- 20 year plan................ 18-60
Minimum face amount
- $100,000
Riders available
- Accidental Death Benefit - Additional benefits paid on death due to accident available for issue ages up to 65 and will terminate on or earlier of age 70 or termination of the policy.
- Waiver of premium - When total disability continues for more than six months, the premium will be waived during the continuation of total disability up to age 60.
- Children's Rider - Child coverage: $1,000 of level term coverage for each covered child. Issued from 15 days old to 21 years. Expires at age 25 and can be converted to permanent coverage.
* Information is used to show example of product, all policies have different guidelines per the applicant.
