Level Term vs. Group Term

Level Term means the death benefit and premium remain the same (remain level) for a specified period of time.

Example: if the premium of a $100,000 Level Term 20 Year Plan is $200 per year - the insurance company guarantees that the premium will be $200 per year for 20 years and the death benefit paid during that 20 years will be $100,000.

Level term plans on this website are available for 1, 5, 10, 15, 20, 30 year periods.

Group Term means the rates are negotiated with the insurance carrier in offering lower “group” rates for employees of a company or members of a large association. The group rates being offered on this website are (lower) group association rates for IBOs. IBOs have access to a Group Annual Term plan.

Please contact one of our insurance professionals at 1-800-254-2327 for help in determining which plan fits your needs and budget.