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.

^{* $250 to $2,500 up to 1.5% of the death benefit.}

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.*

^{*Subject to policy provisions}

Questions?
Visit lifehappens.org and search resources by insurance type, audience by life stage, graphic type and language, and you’ll be all set to help Motorists Life protect your policyholders this Life Insurance Awareness Month!