What is Term-Life Insurance?
Term-life insurance provides coverage
for
a specified time period. Term policies provide a death benefit only in the event that the insured dies while the policy is in effect.
Do You or Your Loved Ones Own a Term-Life Insurance Policy?
If YES: You may be able to reduce your premium rates.
If NO: It may be time for you to purchase one.
Here’s Why:
Over the past several years, term-life insurance rates have dropped significantly. Even though you may be older than when you purchased your original policy, if you are in good health and a non-smoker, then you may be able to reap welcomed savings benefits by getting a new policy.
2001 – (original purchase date) 40-Year Old Non-Smoking Man Excellent Health Annual Premium: $585 |
2006 – (repurchased 5 years later) Same Man – Now 45-Years Old Excellent Health Annual Premium: $525* |
|---|
Total Savings Over Remaining 15 Years: 10%*
Source: USAA Life Insurance
Whether you purchased your term-life policy through NIA or not, our life insurance specialists can provide you with comparison quotes, beginning today. We’ll help you determine if updating your term-life policy will reduce your premium payments and fulfill your family's unique needs.
*Actual savings rates may vary by individual.
.