Term Life 10, 15, 20 and 30 plans are designed to provide basic protection for all of life’s stages and they offer competitive premium rates. Consumers receive a level death benefit and level premiums for the life of the term. Term 10 and 15 face amounts start at $100,000, while Term 15 and 30 offer face amounts of $50,000 and above.
- Optional riders let advisors tailor coverage to individuals and include the following:
- Accelerated death benefit. Comes at no cost in most states and provides 94 percent of the DB as a lump sum if life expectancy is 12 months or less.
- Accidental death benefit.
- Dependent children.
- Other insured.
- Waiver of premium. The premiumcan be waived for the duration of a disability.
For further information, visit www.mutualofomaha.com.