Call Us Call Us, We Can Help! (847) 430-3342
Auto Insurance AUTO Read More
Homeowners Insurance HOME Read More
Health Insurance HEALTH Read More
Business Insurance BUSINESS Read More
Life Insurance LIFE Read More
Other Insurance OTHER Read More

When I was in my 30's I purchased a $100,000 20 year term life insurance policy through Protective Life.  Because I was in excellent health, I was given the best preferred rate class.  I'm in my 50's now, and if I were to apply for insurance today, I probably wouldn't get that same preferred rate class. 
That 20 year term policy will expire in a few years.  Before it expires, I will be taking advantage of my option to convert"the policy to a permanent universal life policy, at the same preferred rate class I got when I was in my 30's!  Plus I don't have to go through medical underwriting since I'm converting my term policy.  Also, Protective Life has an ExtendedCare rider I can include that will give my family a monthly benefit of $4166 for 2 years if I need long term care.  My monthly premium would be $160, and is well worth the piece of mind it will give me.  This little life insurance policy is turning out to be a real life saver! 
If you're worried about your life insurance or long term care needs, let's take a look at your current life insurance plans to see if you have any conversion options you can take advantage of. Call me for a free life insurance review.  

Maggie Nessim, CIC
Faller Insurance Agency
Posted 2:36 AM

Share |


1 Comments

Warren Stahmer said...
Your Term Insurance article was very informative! Im too old now to buy at a reasonable price. I should have bought 30 years ago like you did.
WEDNESDAY, APRIL 06 2016 6:52 AM

Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Facebook
LinkedIn
Google+
RSS
© Copyright. All rights reserved.
Powered by Insurance Website Builder