Individual needs change and so should insurance coverage. Term insurance is the right insurance plan for you if you desire flexibility in your coverage and want to easily change your coverage per term. Interestingly, ivari offers term insurance that can be enhanced the more by layering it with universal or critical illness insurance, depending on what you want.
There are basically three terms available for purchase in ivari term insurance, namely, 10-year, 20-year, and 30-year terms. The insured is required to pay a set of premium for the term he chooses. Furthermore, your coverage could span a longer time when you layer it with further protection such as the universal life or critical illness insurance.
Why You Need Term Life Insurance
Ivari term insurance is adequate for you if you are young, in good general health, and also your needs are temporary. Furthermore, it is easy to adjust your plan or even convert to a permanent insurance if your needs change. Term insurance has riders that can help the insured to customize his plan. The riders include AD&D (Accidental Death and Dismemberment), critical illness protection, payor waiver of premiums, waiver of premiums, children’s insurance, and term riders.