|
Unlike
Term Insurance, which provides temporary coverage for a
period of time or "term", Permanent Life
Insurance delivers protection over your lifetime. It
remains in effect for as long as you pay the premiums.
Guarantee
Issue Life Insurance provides you with a choice in the
amount of coverage that meets your needs and budget. You
will not have to answer eligibility questions and you
will not have to take a medical exam.
You
decide and appoint who will receive and distribute your
policy's death benefit, in the event of your death.
Should
death occur during the first three years following the
effective date of the policy,
the death benefit is the full amount of all the premiums
you paid during this period, plus interest. If age 65 or
over at the time of issue, this period is reduced to two
years.
The
full face amount of your policy will be paid if death
occurs after this initial period, or at any time if the
cause of death is accidental.
Your
policy's face value will never decrease and your
premiums will never increase. As long as you pay your
premiums, the policy can never be cancelled. It's
guaranteed in writing in the contract.
Call
our Insurance Specialists at 315-484-2249 for assistance.
Click
on any of the links below to learn more about:
|
