Not everyone needs lifetime coverage. In fact, there are many situations where
short- or limited-term insurance is a better fit. Signature Term life insurance policies
come in two options – Annual Renewable Term (ART) and Level Premium Term.
Both options provide excellent coverage for varying durations, and the choice
comes down to which type of life insurance you need.
Premiums are generally lower for term insurance than for permanent life
insurance. With the term policy, you’ll pay a regular premium for the length of the
term in exchange for a fixed amount of coverage for that same period.
Whether you choose an ART or a Level Premium term option, below are the policies
provide:
• Affordable term life insurance protection.
• Guaranteed level premiums during your initial 10, 15, 20 or 30-year policy.
• Potential for conversion to a permanent life policy with premium credits.
• Free-living benefit riders provide a cash benefit in case of qualifying terminal, chronic, or critical illness.
• Fast approval accelerated underwriting.
• Simplified non-medical underwriting.