Term Insurance Coverage for as long as you live
Yes, that’s right. The Empire Life Solution Series of term life insurance products provide coverage for customers for as long as they live. And it gets even better.
Unlike conventional products in the marketplace, Solution 100 Series products provide level coverage of life insurance to age 100, when the coverage in force becomes paid-up. That same coverage then increases by 5% per year beginning on the policy anniversary when the life insured turns 101 and annually thereafter until the life insured passes away. The beneficiaries then receive a taxfree, enhanced estate benefit.
The Term 10 product provides coverage at guaranteed rates that increase every 10 years. The cost of insurance automatically becomes a level rate at the first step renewal after the life insured reaches age 75. The cost of insurance is competitive when compared to industry rates.
The Term 20 product operates in much the same way. Rates increase every 20 years until the first step renewal after the life insured attains age 65. The cost of insurance automatically becomes a level rate at that time.
Empire Life is committed to providing consumer accountable products at rates that are highly competitive over the long term. And that’s what life insurance is for - providing coverage no matter when tragedy strikes. When it is time to invest in your life insurance consider Empire Life, get an instant life insurance quote online right now!
About the Author
Neil Lecky is a Life Insurance Advisor, Group Employee Benefit Specialist and an Investment Funds Advisor with Alliance Financial Group. He is also a Branch Manager and Investment Funds Advisor with Investia Financial Services Inc., a mutual fund dealer.