Term 10 Plans
Term 10 plans offer low and fixed premiums for the duration of the coverage length, meaning you'll never face a surprise increased rate for the life of the plan.
For only a few dollars a day, you can get guaranteed and simple coverage for any life need. Some providers offer anywhere from $25,000 to $10 million in term 10 coverage. These plans can also be converted to a permanent plan, and can be renewed without a medical exam.
Term 10 is best suited for the following needs:
- Temporary credit debts.
- Large loans with clear repayment strategies.
- Low-term mortgage, or for refinanced mortgages.
- Providing an income replacement for sick or injured family members.