Term 10
Affordable Life Insurance for a given period of time.
HealthMatch™ advantage
Term 10's HealthMatch™ advantage rewards you for maintaining a healthy lifestyle. When you apply for Term 10, your representative will ask you a few simple questions about your health, habits and family history to determine your general level of wellness. That information is entered into our HealthMatch™ system and used to place you in one of our four HealthMatch™ categories. Premiums are based on your health level. It really does pay to stay healthy.
Renewable protection
Term 10 Life Insurance allows you the flexibility of renewing your policy every ten years.
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Purchase Term 10 in amounts of $100,000 or more
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Renewable for 10-year periods up to age 75 with no further proof of insurability
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Lower premium rates for the first 10-year term. Renewable rates increase; however, if you provide evidence of insurability upon renewal, you can re-apply for a new policy and continue to take advantage of term 10's lower initial rates.
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Can be converted to premanent insurance until age 65
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Guaranteed premiums for each 10 year term of coverage
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Available as a rider or spousal rider
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Child Protector Coverage available
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Ask your representative about additional benefits that can enhance this plan, such as our Waiver of Premium Option and Accidental Death Benefit
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Excellent starter protection or a great way to temporarily top up your permanent insurance. Affordable business insurance for small business owners
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ideal for Mortgage Insurance
Benefits of membership
When you purchase an insurance policy you also receive the benefits of membership - people who care, information to help throughout life, and a means for you to be of help to others. Talk to your FaithLife Financial Representative today or contact our Head Office for more information.
