Term life insurance is a cost-effective choice if you face growing
responsibilities on a limited budget, expect your financial responsibilities to
decrease after a limited period or want to free your funds for other uses.
LifeHorizons Termsetter and Termsetter ROP offer a variety of options
to provide you with flexibility to build an insurance program based on your
individual insurance needs.
Termsetter provides a level term death benefit with available guaranteed
periods of 10, 15, 20, 25 and 30 years. Termsetter ROP features level term
death benefits and guaranteed periods of 20, 25 and 30 years, including a
money-back guarantee with the return of premium feature. Termsetter
ROP guarantees the base premium (excluding riders and substandard
premiums) is returned to you at the end of the guaranteed term period provided
the policy is in force and you are living.
Insurance that protects
Term life insurance proceeds can help pay off your mortgage if you or your
spouse were to die. And a mortgage isn’t the only financial burden your family
may face when you die. Term life insurance proceeds can also help pay off car,
business or personal loans.
Your children’s educational needs can increase your family’s financial needs.
You may have already borrowed some or all of this expense. With term life
insurance this budgetary need may be fulfilled.
Term life insurance proceeds provide a source of income for your family when
they need it most.
Protection that saves
Term life insurance provides economical coverage for a specified period of
time, such as 10, 15, 20, 25 or 30 years. You choose the coverage period that
suits your family’s needs and financial budget.