LifeProtector - Life Coverage Plan
LifeProtector is a 10 year term life insurance plan that provides peace of mind for your family through valuable life insurance benefits in the event something unforeseen were to happen.
Provide Peace of Mind for Your Loved Ones
With LifeProtector, a 10 year renewable term life insurance plan, You can help provide the financial security Your family needs and deserves. LifeProtector is a great option to add to Your portfolio of protection.
Pure and Simple
- Provides protection to help with obligations like mortgage, car payment, childcare or educational expenses and other obligations.
Peace of Mind
- Provides protection in the event of unforeseen death.
Not Taxable to Beneficiaries
- Provides valuable term life insurance benefits that in most instances are free from income tax for the beneficiary.
- With premium payment options from $10 to $50, all in $5 increments, it’s easy to find an economical solution to Your life insurance needs.
The LifeProtector plan is renewable until the insured reaches age 70.
LifeProtector is not available in all states. Benefit amounts and availability may vary by state. Please contact a licensed agent for more information. Limitations, Waiting Periods and Exclusions may apply.
The LifeProtector Plan is a 10-year, renewable term life insurance plan with the plan’s stated death benefit paid to the insured’s designated beneficiary. The LifeProtector Plan does not contain any rider for the acceleration of the payment of the death benefit to the insured, while living. Life insurance plans are not considered “health insurance” under the ACA. The ACA generally required individuals to maintain “minimum essential coverage” or be subject to the payment of the annual shared responsibility payment with the payment of their taxes to the federal government from 2014 – 2018. Congress eliminated the shared responsibility payment in 2019 and beyond for individuals who do not maintain ACA “minimum essential coverage” during 2019 or any year thereafter.