Level Term Plans
——
Insurance for a specific
period, usually for a specific need
Level Term
insurance is an excellent choice for people who know they need life
coverage for a certain number of years. Are you a business owner who
wants to cover a key employee for a set number of years until retirement?
Maybe you are unsure of your long term goals, but know you need protection
now. Level term insurance is usually the least expensive and the
least complicated. If you should die during the term period, a death
benefit is paid to your beneficiary. Protection will cease at
the end of the term period.
The American Fraternal Union
offers the 10-Year Level Term plan which provides a level death
benefit for 10 years. This
policy may be converted to any American Fraternal Union whole life policy without evidence of
insurability prior to the insured's 60th birthday.
See our other most popular level
term product, the
Future Guard Plan,
designed specifically for children ages 0 to 18.
