August 11, 2003 at 08:00 PM
NU Online News Service, Aug. 11, 2003, 4:13 p.m. EDT – Motorists Life Insurance Company, Columbus, Ohio, has introduced a series of lower-priced term life insurance products.
The new policies come with terms of 10, 15, 20 and 30 years, and Motorists Life will guarantee the rate for each policy for the entire length of the term, regardless of the policyholder’s age.
Options include accidental death benefits, accelerated death benefits, an additional insured rider, a disability income rider, a children’s term rider and a waiver-of-premium provision.
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