When you need affordable protection for your family or your business, our term life insurance can provide immediate protection for as long as you wish.
Empire Life offers term life insurance, at affordable rates, for life. Your immediate needs may be temporary, but there is always a need for life insurance.
Empire Life offers four term life insurance products
- Solution ART
- Solution 10
- Solution 20
- Solution 30
Solution 10 or Solution 20 offers life insurance that automatically renews every 10 or 20 years depending on the plan selected. The cost increases at each renewal but is guaranteed not to change during a term. Also, depending on the plan you select, your rates don’t increase after a certain age until you reach age 100.
Solution 30 offers life insurance with premiums stay the same for the first 30 years and then increase each year to age 85. At which time, premiums remain the same to age 100.
Solution ART offers life insurance with premiums stay the same for three years and then increase each year gradually to age 85. At which time, premiums remain level to age 100.
All four plans become fully paid-up at age100.
Term insurance is a great choice for
- Families with a new or existing mortgage
- Small and medium business owners who need to cover overhead and start-up costs
- Business owners with key employees and complex business arrangements
- Individuals focused on affordable coverage with future flexibility
For Solution 10, 20, or 30 coverages of $500,000 and up, we offer lower premium rates to individuals who qualify for our Preferred or Elite risk classes. Upon receiving an application, we assess the health situation of each individual proposed for insurance, and healthier clients that meet our underwriting criteria can pay less for their Solution 10, 20, or 30 coverages of $500,000 and up.