Individual Term Life Insurance
A Term Life policy pays a Death Benefit if the insured person dies during the term of the policy. Common terms are 5, 10, or 20 years and to ages 65 or 70.
If your life insurance company fails, your Term Life policy will be transferred to a solvent company.
Examples click here
- On transfer, Assuris guarantees that you will retain up to $200,000 or 85% of the promised Death Benefit, whichever is higher.
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