Equitable Life’s Term 20 Plans

[jonathan palacios]

Equitable Life’s 20 Year Term Policy is on hand with face amounts as
low as $50,000. The issue age limits would be between 18 to 75 years
of age. Equitable Life presents preferred rates for those who meet the
criteria, on amounts over $250,000 for both smoker and non-smoker
policies. The plans also have the following riders and features
obtainable as extra benefits. It would comprise the accidental death
benefit, guaranteed issue rider, waiver of premium rider, and
children’s life insurance rider.

Aside from that, the tax-free death benefit will be paid on the
policyholder’s heirs. Both of the plans have a built-in bereavement
counseling benefit. This benefit automatically reimburses any
counseling costs to the beneficiary of the insured up to $500 per
claim. The receipts must be presented within a 12-month period upon
incurring the expense. Another great feature in Equitable Life’s Term
insurance line-up is its conversion credit. All term policies changed
to a permanent can qualify for a 25% credit of the last 12 months of
premiums.

Equitable Life Insurance: http://www.cma1.ca/545