"If you are not selling term insurance to your client, someone else is."
Bright Life Term Series - AXA
Term products come with conversion credits for the life of the policy - 125% of annual premium years 1-5 and 100% of annual premium after until the policy lapses or end of term, will be credited towards the initial permanent policy premium.*
Client can convert to all permanent products offered at the time of conversion. Client is not restricted to certain products when converting.
Also, if the client converts within 5 years, they can add an LTC rider with limited underwriting. No routine paramed or labs are required.
Coverage is convertible up until the end of the term period but not beyond age 70.
10, 15, 20 level term periods available. Also ART - where premiums are guaranteed for the first 3 years. On ART, premiums after the first year will generally increase annually, subject to the guaranteed maximum term rates.
Children's Term Insurance
A rider available for an extra charge, provides protection on children of an insured. Children may convert the policy to permanent insurance without showing evidence of insurability.
Disability Premium Waiver
A rider available for an extra charge, provides protection if the insured becomes totally disabled. Premiums due for this policy are waived.
Living Benefits Rider
If the insured is diagnosed with a terminal illness (generally, having 12 months or less to live), the policyowner can receive a portion of the death benefit while he or she is still living.