Platinum Protection Term
Platinum Protection Term is the best solution for healthy people looking for non-medical (no exam) life insurance. You can choose between 10 or 20 years of coverage depending on your insurance needs. Best of all, you can convert Platinum Protection Term into a permanent whole life policy without having to re-qualify for insurance.
Product details
- Available as a level and decreasing term life insurance
- If you select a decreasing term, the decrease is based on a mortgage loan with an interest rate of 8%
- For individuals aged 18 to 75 years
- Minimum Coverage: $50,000 (ages 18 to 44), $25,000 (ages 45 to 75)
- Maximum Coverage: $750,000 (ages 18 to 50), $500,000 (ages 51 to 75)
- Term options: 10, 20, and 25 years
- No medical exams or blood tests required
- Premiums remain the same for the duration of the term selected
- Available as an individual or joint first-to-die policy
- Included Benefits (No Additional Cost):
- Extreme Disability Benefit
- Insurability Benefit
- Term Exchange Option
- Transportation Benefit
- Convertible Option: Available up to age 75
- Renewable Option: Available up to age 90
- Additional Protection Options:
- Accidental Death
- Child Insurance Benefit
- Accidental Fracture Plus
