Phi D.E. Member Insurance’s Term Life plan is an affordable option designed to create an instant estate so that your loved ones may continue to live comfortably should something happen to you. Term Life Insurance may also be used to supplement your current insurance policy. As a Phi D.E. member, you have access to benefits that include:
- Coverage options of up to $500,000
- Spouse coverage up to $250,000, provided coverage doesn’t exceed your own
- Non-Tobacco User discount for those who haven’t used tobacco products for the last 12 months
- If a total disability occurs before age 60 and lasts at least six consecutive months, your premiums and your family’s are waived during the continuance of the disability or until coverage terminates
- If eligible, an Accelerated Death Benefit option for early payment of 50% of benefits if a covered person becomes terminally ill—subject to terms and limitations
- Conversion privilege to a permanent individual life plan up to full amount of coverage available when coverage terminates (at age 70 or if you’re no longer a Phi D.E. member)
With this Term Life insurance plan, you can have peace of mind that those you love will be provided for if you can’t be there yourself. Sign up today!