Term Life Insurance Plans

Benefits of Term Life Insurance Plans

The plan offers a guaranteed level premium to age 100 (depending on your state) and guaranteed level death benefit for not less than 10 years. In addition, an accelerated benefit provides a one-time advance of up to 30 percent, depending on your state, of the policy’s coverage amount upon these conditions:

• Heart attack
• Stroke
• Cardiac surgery
• Life-threatening cancer
• Terminal condition

Homeland HealthCare’s term life insurance policy has these advantages:

• Affordability – You choose the level of benefits that best meet your family’s needs
• Portability – You and your family continue coverage with no loss of benefits or increased costs if you terminate your employment after the first payment is made. You’ll simply be billed directly for the coverage. Coverage can never be cancelled by the insurance company unless you or your employer stop making payments.
• Family protection – Individual policies can be purchased on the employee, their spouse, their children and grandchildren. Children and grandchildren policies can be bought for newborns to age 23.
• Terminal illness – The plan pays you up to 30 percent, depending on your state, if a terminal illness occurs that will result in a limited life span of less than 12 months
• Emergency burial benefit – Within 24 hours of receiving word of an insured person’s death, the company mails a check to the beneficiary for 50 percent or $15,000, whichever is less, unless the death is under investigation or within a two-year contestability period.

Interested in term life insurance? Get a quote now!