What is Value Term Life Insurance?
Affordable protection with level premiums.
Value Term Life insurance1,2 may be a cost-effective solution when you need enough coverage to help protect your family against loss of income if you are no longer with them. Value Term Life insurance is also convertible to lifelong coverage (as defined in your policy contract) which may accumulate cash value.
- Guaranteed level death benefit
- Guaranteed level premiums3
- Convertible to lifelong coverage that builds cash value regardless of health
- Coverage starting at $150,000
How Value Term Life insurance can help you:
Provide coverage for short-term obligations
Value Term is intended to help cover obligations that end, such as mortgages, car loans, and college tuition.
Value Term Life Insurance FAQs
Why should I consider Value Term Life?
Value Term may be a cost-effective solution when you need enough coverage to help protect your family against loss of income if you are no longer with them. Value Term is also convertible to lifelong coverage which may accumulate cash value.
What happens after my initial policy term?
After the guaranteed level term period, the premium increases annually. You may be able to convert to a whole life policy which also features level premiums as well as lifelong protection — as long as you convert before your term period expires.
2 Policy form 2000-228, 2000-230, 2002-226 or applicable state variation.
3 Premiums are subject to change after the initial term period.
4 For informational purposes only. Neither Yogi Insurance, its employees nor its Agents provide legal or tax advice. Always consult your own attorney, accountant or tax adviser as to the legal, financial or tax consequences and advice on any particular transaction.