Can you actually get assured life insurance with stage premiums to age 100? Sounds too good to be true?
[Editor’s Note: This blog was originally published on March 29, 2007. The content has been updated.]
To Age 100 Assured Life Insurance coverage plans provide a assured stage premium…to age 100, with a assured stage demise profit to that very same age. Most frequently, that is completed inside a Common Life coverage, with the addition of a characteristic generally generally known as a “no-lapse rider.”
A “To Age 100” coverage is mostly cheaper than Entire Life insurance, and your beneficiaries obtain the coverage’s demise profit that’s revenue tax-free.
Some (however not all) of those plans additionally embody an “extension of maturity” characteristic, which gives that if the insured lives to age 100…and has paid the “no-lapse” premiums every year…the complete face quantity of protection will proceed on a assured foundation…at no cost thereafter.
So for those who’re between the ages of 18 and 85, you should buy one of these protection. Charges will differ, in response to your age and well being, however your premiums can be assured to stay stage and never go up…to age 100!
For over 30 years, AccuQuote has been serving to prospects save a ton of cash on their life insurance. We provide many various kinds of life insurance choices, together with Time period Life, Everlasting Life, Incapacity Insurance coverage and a lot extra.