Term Life
Term life is designed for individuals who are seeking an affordable, simplified way to provide their family with the security and peace of mind they deserve in the event of their death. With Express Term life you can apply on-line, be approved, and receive your policy in as little as 15 minutes without leaving your computer or speaking with an agent.
Plan Features
- Coverage from $25,000 to $250,000
- Same day coverage
- No medical exams required, just answer a few basic health questions
- Premiums will never increase during the life of your policy
- Benefits do not decrease – what you purchase today will remain in force
- Optional children’s insurance rider of $5,000
- Optional accidental death insurance rider
Common Questions About Term Life
What kind of life insurance coverage is this?
This coverage from Liberty Life Insurance Company is a simplified issue term life insurance product. Many financial experts agree that term life insurance is the most economical insurance you can buy.
Can I apply for coverage for someone else, like my spouse or child?
No. The applicant for the insurance policy must answer the health questions and sign the application through our e-Signature technology.
How long will it take to find out if I qualify?
It usually takes no longer than 10 minutes to receive your coverage decision.
Will my benefits ever decrease?
Liberty Life Insurance Company will never reduce your benefits.
What about my premium? Will the premium I’m quoted today ever go up?
NO. Your premiums for the coverage in which you initially enroll will never increase for the life of the term.
Is there a free look period with this coverage?
YES. You have a full 31 days to decide if the coverage is right for your needs. If for any reason within those 31 days you choose not to take the coverage, return your policy for a full refund.
Do I have to take a medical exam?
NO. You will have to answer only a few simple health questions when applying for this term life coverage. There is no medical exam required - just answer a few health questions.
The above reflects a brief summary of the plan features available in the above program. Please refer to the full product description for complete details and plan imitations. Information provided here is for informational purposes only and does not constitute any obligation on the part of InsuranceLook.com. Individual policies may vary please consult with your broker about individual policies.
