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Overview
Life
insurance is the most effective way to protect you and those close to you.
The death of a breadwinner can leave
a family devastated. With no money to make
mortgage payments, loved ones - left
bereft at your passing - could suffer
additional loss; loss of a home.
Term insurance provides coverage for a
specific period of time, giving
families immediate protection and peace
of mind.
Life Insurance costs much less than you
think!
With a 15-year mortgage, a healthy 30-year-old non-smoking male will get
$100,000 in coverage, for just $273.19 a
year over the first 13 years.
Below are the monthly premiums you would
pay for a 15-year mortgage protection.
|
Monthly Premiums for Life
Insurance Coverage - 15 year
Mortgage Protection |
|
Coverage |
$100,000 |
$100,000 |
$250,000 |
$250,000 |
$500,000 |
$500,000 |
|
Age |
Male |
Female |
Male |
Female |
Male |
Female |
|
25 years |
$21.52 |
$18.87 |
$47.05 |
$40.42 |
$89.61 |
$76.34 |
|
30 years |
$24.59 |
$20.35 |
$54.72 |
$44.12 |
$104.93 |
$83.73 |
|
35 years |
$26.56 |
$21.54 |
$59.65 |
$47.10 |
$114.80 |
$89.70 |
|
40 years |
$31.01 |
$28.07 |
$70.77 |
$63.42 |
$137.04 |
$122.34 |
|
50 years |
$57.61 |
$47.74 |
$137.27 |
$112.61 |
$270.04 |
$220.72 |
|
|
|
|
rates quoted are for a healthy
non-smoker |
10, 15, and 20-year level term policies
offer coverage for a 10, 15 or 20-year
period at guaranteed level premiums for
the length of the term. Meanwhile, 15, 20 or 30-year mortgage protection is a decreasing
term insurance that will be reduced each
year to meet your mortgage amortization
schedule.
Your
Family Comes First
Call 480-2825 today for an appointment
or
Contact us.
An ABI Insurance sales agent will be
more than happy to recommend the right
policy for you, based on your specific
needs and budget.
Level 10 Year Term Insurance Policy
(Top)
A 10-year Level term plan provides
for a level amount of insurance for 10
years. The plan is available only from
age 20 to age 60. A minimum $25,000 Face
Amount is needed.
Call
480-2825 today for an appointment or
Contact us.
Level 15 Year Term Insurance Policy
(Top)
A 15-year Level term plan
provides for a level amount of insurance
for 15 years. The plan is available only
from age 20 to age 55. A minimum $25,000
sum insured is needed.
Call
480-2825 today for an appointment or
Contact us.
Level 20 Year Term Insurance Policy
(Top)
A 20-year Level term plan provides
for a level amount of insurance for 20
years. The plan is available only from
age 20 to age 50. A minimum $25,000 sum
insured is needed.
Call
480-2825 today for an appointment or
Contact us.
15-Year Mortgage Protection Insurance
Policy
(Top)
Call 480-2825 today for an appointment
or
Contact us.
20-Year Mortgage Protection Insurance
Policy
(Top)
It is a
20-year decreasing term plan. The sum
insured is designed to cover a 20-year
mortgage at 12%. The amount paid may be
more or less than the outstanding
balance of the mortgage depending on its
term and payment history. The plan is
available only from age 20 to age 50.
Minimum sum insured is $EC 25,000.
Premiums are payable for 18 years.
Call
480-2825 today for an appointment or
Contact us.
30-Year Mortgage Protection Insurance
Policy
(Top)
It is a
30-year decreasing term plan. The sum
insured is designed to cover a 30-year
mortgage at 12%. The amount paid may be
more or less than the outstanding
balance of the mortgage depending on its
term and payment history. The plan is
available only from age 20 to age 50.
Minimum sum insured is $EC 25,000.
Premiums are payable for 28 years.
Call
480-2825 today for an appointment or
Contact us.
Educational Endowment Insurance Policy
(Top)
Whole Life
(Top)
This is a
non-participating policy offering level
coverage at guaranteed premiums payable
to age 100, when the policy becomes paid
up. It includes Cash Values and Reduced
Paid-Up Insurance. All premiums and
benefits are guaranteed throughout.
Call
480-2825 today for an appointment or
Contact us.
Critical
Illness
(Top)
Critical
Illness coverage refers to Cancer,
Heart Attack, Kidney Failure, Coronary
Artery Bypass Surgery, or Stroke being
suffered or developed during the period
covered by this benefit.
The coverage can be issued on
individuals between the ages of 18 and 60, and expires at age 70.
The lump sum benefit shall become
payable if the life insured is
diagnosed, has developed, or suffered one of the critical conditions indicated
above, during the period of cover of
this benefit.
Sum insured:
Minimum: $25,000 / Maximum: $250,000.
Call
480-2825 today for an appointment or
Contact us.
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