seguro de vida con devolución de prima

Affordable Life Insurance Rates – April 2017

Affordable Life Insurance Rates

Below you will find current affordable life insurance rates for TERM LIFE INSURANCE, GUARANTEED UNIVERSAL LIFE INSURANCE (a competitively priced form of permanent life insurance) and RETURN OF PREMIUM Term Life Insurance. These rates were obtained for MALE/FEMALE, non smoker, qualifying for the Best Health Category, and for face amounts of $500,000.

About Affordable Life Insurance Quotes

TERM LIFE INSURANCE – Use  our INSTANT LIFE INSURANCE QUOTE engine to obtain term life insurance quotes. You will be able to find term life insurance quotes for maturities of 10, 15, 20, 25 and 30 years and others. You can also find term life insurance policies with maturities up to a certain age, such as “To Age 65 Level”; “to Age 90 Level”; etc. For a more detailed definition of Term Life Insurance, click HERE.

GUARANTEED UNIVERSAL LIFE INSURANCE (GUL)– If you are looking for permanent life insurance, GUL is the way to go. Select “to Age 121 Level (No Lapse UL) and you will find permenent life insurance rates for very competitive rates.. You can also search for affordable GUL life insurance rates using the INSTANT LIFE INSURANCE QUOTE engine. You will life insurance protection until age 121 at an affordable price. “No Lapse”, by the way,  means exactly what it says, the coverage will not lapse provided that the premiums are paid as due. For details about what GUL is all about, click HERE.

RETURN-OF-PREMIUM TERM LIFE INSURANCE (ROP) – Return-of-Premium Term Life Insurance is term life insurance with a rider (at an added cost). What is does is return all premiums paid at the end of the term (10, 20, 30 years, etc.) if the insured is still alive at the end of the term and has paid all premiums as due and on time. Please, search for ROP quotes using our INSTANT LIFE INSURANCE QUOTE engine. For more details about ROP, click HERE.

Articles Related to Affordable Life Insurance Rates

We Can Help

Get in touch with us using our contact information as it appears below. One of our agents will help you find term life insurance quotes that best fits your personal and financial situation:

  • Toll Free Number: (888) 950-8376
  • Office Number: (786) 353-2528
  • Or, CLICK HERE

 

 

 

 

 

Return of Premium Term

Return of Premium Term Life Insurance

Term Life Insurance That Returns Premiums Paid?

Actually, YES! Some life insurance companies offer Term Life Insurance with a rider, at an added cost, that will return the premiums you paid if you outlive the specific term (10-15-20-30 years) you chose. It is called, Return of Premium Term Life Insurance, or ROP, for short. In other words, if you outlive the terms of the policy and have paid all the premiums due, your out-of-pocket premiums will be automatically returned to you. It is like, as they say, “having your cake and eat it too”. Interest is not paid on the returned premium, but they are returned tax free. Some exceptions do apply. For instance…

  • if you die during the level-premium period, since your beneficiaries will receive the death benefit amount.
  • if you take a loan and do not pay it back (the amount borrowed plus interest owed will be subtracted).
  • if you cancel your policy before the end of the level-premium period, you may not receive a portion back, depending on how long you have had the policy.

Attractive Equivalent Rate of Return (ERR)

ROP Term Life Insurance offers an attractive Equivalent Rate of Return (ERR). See the example that follows:

Return of Premium Term

As you can see in the above example, the insured had protection for 30 years and at the end of the 30 year period (since he outlived the term and made all the payments as due) he received back all premiums paid, which represented an annual return on his money of 3.83%. Not a bad deal! Also, as with all life insurance products, beneficiaries will generally receive a tax-free death benefit should the insured die before the 30 year period ends.

Downside of Return of Premium Term Life Insurance?

If you cancel the policy before the end of the level-premium period (30 years in the above example) you may, or may not, receive back a portion of the premiums paid, depending on how long you had the policy.

More information

Various life insurance companies offer Return of Premium Term Life Insurance. We can help you find out the one that best fits your personal and financial situation. Click on the link below for ROP consumer brochures of two well known carriers that offer ROP.

PruLife Return of Premium Term – by PRUDENTIAL FINANCIAL

AG ROP Select-A-Term – by AMERICAN GENERAL LIFE INSURANCE COMPANY (AIG)

Below are links to other Blog Posts that you may want to take a look at:

We can help!

The best time to buy life insurance is always TODAY. Tomorrow we will be older and possibly not as healthy as today. As age increases so do life insurance premiums. As health deteriorates, insurance premiums go up. We can help you find the life insurance policy the best fits your personal and financial needs. Contact us at:

  • Toll Free Number: (888) 950-8376
  • Office Number: (786) 353-2528
  • Click on CONTACT US