Term life plan benefits you need to know

Did you know September is Life Insurance Awareness Month? It’s a great time to talk to your policyholders about a term life plan for their mortgage, retirement, college funds and business needs.

Begin the conversation with a customized approach, and help your policyholders determine the amount of insurance that’s right for them, with coverage starting at $100,000. For instance, Motorists Life offers four competitive options for term periods and issue ages:

TERM LIFE RIDERS

Motorists Life is focused on protecting what matters most, which is why we have several great riders available.

• Disability income rider: Monthly monetary support^** if you are totally disabled 90 days or more, up to five years.
• Waiver of premium: Policy premium waived if the primary insured becomes totally disabled for 180 days or more.
• Accidental death benefit: Provides additional insurance coverage in the event of death due to accidental bodily injury or drowning for the primary insured.
• Children’s term rider: Provides coverage ($3,000 to $10,000) on the primary insured’s children, ages 15 days to 18 years.

Our policyholders also have the ability to convert their term policy to a permanent product up to age 70 or for the term period, whichever occurs first.^†

^{*Age 50 maximum smoker classes
**$250 to $2,500 up to 1.5% of the death benefit.
†Subject to policy provisions}