Help protect the ones you love with DreamSecure Term life insurance
February is Insure Your Love month
February is Insure Your Love month, a time to remember that although it’s difficult to think about, life insurance is a smart, proactive way to provide financial protection for your loved ones should you pass away.
You insure cars, homes and health to protect yourself from the unexpected. February is Insure Your Love month, a time to remember that although it’s difficult to think about, life insurance is a smart, proactive way to provide financial protection for your loved ones should you pass away.
Term Life Insurance is just what it sounds like: A policy that remains in effect for a specific term or length of time. American Family Life Insurance Company offers several life insurance options, and recently introduced DreamSecure Term life insurance, which includes a 15-year level term option.
Consider Tia’s* story below, and the choices available to her through American Family Life Insurance Company:
What life insurance option is best for Tia?
Tia is 40 years old, recently divorced and has a 12-year old son in middle school. She doesn’t have savings for her son’s future college expenses, but she is trying to start saving. Tia’s house will be paid off in 15 years and her son will be out of college and on his own. Tia needs a life insurance policy that meets her current needs and fits into her – currently tight – budget.
American Family Life Insurance Company’s DreamSecure Term life insurance includes a new 15-year level term option – which is just what Tia needs. DreamSecure Term life insurance, which also includes 10-, 20- and 30-year duration options – is designed to meet the specific needs of a variety of customers.
What are the benefits of Term Life Insurance?
- Affordability. Term life insurance is typically more affordable than other types of life insurance. The cost also remains the same throughout the initial level term (however after the initial term, premiums do increase). Also, when an individual is young and healthy it’s a great time to consider life insurance. Since the cost depends largely on age and health, purchasing a policy now can lock in a lower premium for the term of the policy.
- Fits many families and budgets. Term life insurance is popular with those starting families, new homeowners with a mortgage, and those with tighter budgets.
- Provides custom coverage, if desired. In addition to being offered at 10-, 15-, 20- and 30-year terms, DreamSecure Term life insurance products offer a range of additional coverage options that can be added for an additional cost and policy provisions that can be utilized to build a term life policy that meets specific needs.
American Family Life Insurance Company offers two choices for term life insurance coverage:
DreamSecure Simplified Term Life Insurance. Applications are easy – there’s no medical test, and only about a dozen questions to answer to help determine eligibility. If approved, policies can be issued within 10 business days for most applicants. DreamSecure Simplified Term is offered in coverage amounts ranging from $50,000 to $150,000.
DreamSecure Term Life Insurance. Applications are more involved, but coverage amounts range from $150,000 to $10 million.
Both policies can be customized by adding the Premium Waiver for Disability Benefit Rider and have the option to convert the term policy to a whole life or universal life insurance policy. If done during a specific period, this can be accomplished without answering additional medical questions or undergoing a medical exam. In addition, the Children’s Insurance Rider is an additional coverage option available for the DreamSecure Term Life Insurance policy.
With either of American Family Life Insurance Company’s new DreamSecure Term life insurance products, you have the opportunity to take the next step in protecting your family’s financial future if you were to pass away.
Insure Your Love month in February is a great time to think about life insurance and the many products available to meet different needs. Contact a local American Family Insurance agent to learn more.
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* Tia is a fictional, prospective customer created to show how the DreamSecure Term products can fit into the lives of American Family customers.
Life insurance products underwritten by American Family Life Insurance Company, 6000 American Parkway, Madison, WI 53783.
Insurance policy terms and conditions may apply. Products are not available in all states.
Policy Forms: ICC18-36 (10), ICC18-36 (15), ICC18-36 (20), ICC18-36 (30), L-36 (10)(ND), L-36 (15)(ND), L-36 (20)(ND), L-36 (30)(ND), L-36 (10)(SD), L-36 (15)(SD), L-36 (20)(SD), L-36 (30)(SD), ICC18-33 (10), ICC18-33 (15), ICC18-34 (20), ICC18-35 (30), L-33 (10)(ND), L-33 (15)(ND), L-34 (20)(ND), L-35 (30)(ND), L-33 (10)(SD), L-33 (15)(SD), L-34 (20)(SD), L-35 (30)(SD), ICC18-CIR (LT), L-CIR (LT), ICC18-WP (TERM), L-WP (TERM), L-WP (SD)(TERM), ICC17-ACDB TER, L-ACDB TER