Term Life Insurance
UL Mutual Term Life – Get Benefit from the Superior Term Life Insurance
Insurance needs are not constant, they could change over time. This makes term life insurance an appropriate type of life insurance everyone needs to go for. UL Mutual offers term life insurance designed for 10, 20, and 30 years. The term life insurance offered by UL Mutual is known as Superior+ because it has remarkably superior features designed to give you peace of mind.
You need UL Mutual’s term life insurance for many reasons. In the event of your death, the term life insurance will make life easier for your beneficiaries or dependents by helping to pay your tax and debts and your funeral expenses. It can also help your dependents to improve their standard of living and leave an inheritance for them.
Why You Need UL Mutual Term Life Insurance
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.