SBLI Term Life Insurance
Seeking financial protection for your family? Term life insurance is the easiest, most affordable way to provide it.
Honestly, term life insurance is pretty straightforward. Simply choose how much protection you want and how long you want it. Once the policy is in place, you can relax knowing that if anything should happen to you during the life of the term, your loved ones will be covered. Your premiums will stay the same during the period you select.
At the end of the term you select, you can keep the coverage until you’re 85, although your rates will increase each year. You can also convert your term policy into a whole life or universal life policy if you want coverage for your entire life.
Reasons to consider term life insurance
- Low cost
- Premiums never change for the period you select
- Policies $500,000 and under for ages 18-60 require no medical exam
- Federal income tax-free death benefit
- Option to convert to permanent life insurance (whole life insurance or universal life insurance) without a medical exam
-
Get a term life insurance quote now
We also offer one year non-renewable term life insurance for unique circumstances that may come up during your life.
Use case: SBLI term life insurance
Meet Mark
Mark is a 37-year-old dentist. He and his wife, Joanne, have two children: William, age 8 and Rachel, age 5.
Mark’s situation
Providing for his children—no matter what—is essential to Mark. He knows that with two young kids, education expenses can really pile up. Add to that a $320,000 mortgage, and it’s no surprise that Mark is a little concerned about what his family would do if he were no longer around on only his wife’s salary as an elementary school teacher.
Why he chose SBLI term life insurance
By getting a 30-year term life insurance policy with coverage of $1,000,000, Mark can feel confident he can take care of his children until the youngest is out on her own. On top of that, Joanne will never be saddled with a large mortgage she can’t afford to pay. Best of all, because of Mark’s age and excellent health, his premiums will add up to much less than he pays for Internet service each month.
SBLI Advantages Program
While nobody appreciates the importance of life insurance more than we do, we realize that you’ll probably need more than a policy to feel completely confident about your family’s financial security.
That’s why we created the SBLI Advantages Program—a group of products and services provided by partners who share our passion for doing everything possible to protect your family from life’s uncertainties.
Legacy Planning1
Life’s Mission Control® from LegacyShield features four unique, easy-to-use online tools which can help you not only create a lasting legacy, but also make sure that your loved ones can find everything you’ve left for them when the time is right.
With Life’s Mission Control, you can:
- Store all of your important documents, photos, and final wishes
- Consolidate all of your financial accounts in one dashboard
- Create documents for your estate plan
- Estimate tax refunds and retirement needs
Your lifetime subscription to Life’s Mission Control is free, courtesy of SBLI.
Sign up for Life’s Mission Control or learn more on their website.
Medicare Supplement Insurance and Medicare Plans2
Do you or someone you love need insurance to cover expenses beyond an Original Medicare plan? The SBLI Insurance Agency provides you access to an SBLI Advantages partner, HealthPlan Services, for you to obtain information on Medicare supplement plans and Medicare Advantage or Prescription Drugs Plans. HealthPlan Services will guide you through the entire process, including:
- Determining your eligibility
- Understanding the “donut hole”
- Learning about Part A, B, C, and D of Medicare
- Choosing and enrolling in the best plan