![]() Minimum face value amounts vary by age, starting at $50,000 for older applicants and $150,000 for younger applicants. Custom Advantage: Applicants for this policy must go through a traditional underwriting process, but can qualify for up to $5 million or more in coverage. ![]() Policy premiums are typically higher because of the simplified underwriting process. Primerica uses a rapid data check to run background checks through the Medical Information Bureau and DMV, so you may get coverage in as little as a few minutes. This policy has select, nicotine and non-nicotine plans. TermNow: A no-medical-exam life insurance product that offers coverage from $15,000 to $300,000 for people younger than 45.Primerica’s term life insurance offerings include: Your premiums will likely increase upon renewal, and you might lose coverage if you can’t afford the extra cost. After you meet underwriting guidelines, you can renew coverage terms up to age 95, although your new premium rate will depend on your age. Policyholders also have guaranteed insurability until age 95. Some of Primerica’s longer-term policies (such as the 30-year and 35-year options) only guarantee level or set premiums for the first 20 years. Primerica issues term-life policies in increments of 10, 15, 20, 25, 30 and 35 years, but available options depend on the applicant’s age. When the term period ends, the policy is no longer in force. If the insured person passes away during the defined term, the insurance company will pay a predetermined amount to the named beneficiaries. Term life insurance is a policy that lets you buy coverage for a specific period, generally between 10 to 30 years. The company does not sell whole life coverage. Primerica sells two term life insurance policies that include various coverage options and riders. Best Online Therapy Platforms That Take Insurance.Are Medical Alert Systems Covered by Insurance?.Best Construction Project Management Software.
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