Bill Brown buys $250,000 10yr term at age 30.
His initial cost=$202.50 per year
His contract renews at age 40
His renewal cost = $702.50 per year
If Bill applied for a new T10 contract at age 40, and his health is still good, his cost would be $272.50
(Potential Savings $430 per year or 62%)
OR
John Jordan buys $250,000 T10 contact at age 50
His initial cost = $530.00 per year
His contract renews at age 60
His renewal cost = $3397.50 per year
If John applied for a new contract at age 60, and his health is still good, his cost would be $1367.50
(Potential Savings $2030.00 per year or 60%)
If you have term insurance coming up for renewal, call for a quote
The savings could be substantial
(800) 766-9951
Note: all quotes assume good health, non smoker
