Term 20 Insurance
Affordable insurance for a given period of time.
Health Match Advantage
Term 20's HealthMatch™ advantage rewards you for maintaining a healthy lifestyle. When you apply for Term 20, we 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 four HealthMatch™ categories. Premiums are based on your health level. It really does pay to stay healthy!
Renewable Protection
Term 20 insurance allows you the flexibility of renewing your policy every twenty years.
- Purchase Term 20 in amounts of $100,000 or more.
- Renewable for 20-year periods up to age 85 with no further proof of insurability.
- Lower premium rates for the first 20-year term. Renewal 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 20's lower initial rates.
- Can be converted to permanent insurance until age 65.
- Guaranteed premiums for each 20 year term of coverage.
- Child Protector coverage available.
- Ask your representative about additional benefits that can enhance this plan, such as our Waiver of Premium Option and Accidental Death Benefit.
- Ideal for mortgage insurance.
- Excellent starter protection or a great way to top up your permanent insurance for an established period of time.
- Affordable business insurance for small business owners.
Additional Benefit of Membership
FaithLife Financial offers more than insurance protection. We offer the benefits of membership: people who care, information to help throughout life and a means for you to be of help to others. Contact your FaithLife Financial representative today or our Head Office for more information.
