Renewable & Convertible Term Life Insurance

Protecting your family in the event of your death doesn’t have to break your budget.  We offer a Renewable and Convertible Term life insurance policy that is customizable and affordable to meet your needs in any stage of life. 

Are you worried what would happen if you were to suddenly become disabled?  This product features an optional Waiver of Premium rider that will allow you to keep your policy in force in the event you are totally disabled and unable to afford the premium.

Key Features*


  • Level premium for an initial level period
  • Multiple payment options
  • Renewable to age 98, convertible to a whole life policy to age 75
  • Optional riders provide increased protection for you and  your family 

 

*Premiums are guaranteed for the initial level period. After the initial level period, premiums increase each year subject to stated maximum. Optional Waiver of Premium and Accidental Death Benefit riders are available for additional premium, which is non-level and is subject to increase. Waiver of Premium rider benefit applies if you become totally disabled before age 60. Paying premiums more often than annually (once a year) will cost more than paying them once a year.

This is a summary only. The policies contain limitations and exclusions, and terms and conditions for keeping them in force. Please consult an agent or review the policy for full details .

Product issued by SBLI USA Life Insurance Company, Inc. (New York, NY), a member of Prosperity Life Group.  Only available in New York (Policy form #’s T10SPENY13, T15SPENY13, T20SPENY13, T30SPENY13).   All guarantees are subject to the financial strength and claims-paying ability of the issuing company.