Term Life Insurance

Features and Benefits

The term life insurance is a comprehensive package with very low premium. You don’t even need an evidence of insurability to renew your plan. Furthermore, the plan can be easily converted to a whole life insurance up till your 70th birthday and you can either opt for the monthly or fixed annual premiums option.

• The term life insurance is available for the duration of 10, 20 or 30 years.
• You need to be between 18 and 65 to be eligible for this life insurance.
• Your coverage can be renewed until your death, every 10 years at a guaranteed premium.
• If you are unable to perform 4 of the 6 daily living activities before age 60, you could receive 50% of your initial premium amount.
• Your term insurance can be easily converted to a whole life insurance until age 70. You don’t even need an evidence of insurability to do this.
• In the event of your death, the plan will pay your funeral expenses, your tax and debts, leave an inheritance for your dependents, and maintain the standard of living of your beneficiaries.
• You can add critical illness and supplementary benefits such as dismemberment and accidental death.

Similar UL Mutual Insurance Products

• Life

Life

• Adaptable Permanent Life Insurance
• Integral Permanent Life Insurance
• Term Life Insurance

Additional resources

Learn more about life insurance from these informative articles to help you decide in choosing the best plan for you.