Term + Return of Premium
Protection with a Guaranteed Refund
Get the best of both worlds with term life insurance with a return of premium (ROP). This policy provides the same financial protection as traditional term life insurance, but with a unique advantage: if you outlive the policy term, you get all your premiums back!
It’s like having a savings plan built into your life insurance. You get the peace of mind of knowing your family is protected, plus the potential for a significant return on your investment.
Benefits
- Money-Back Guarantee: Receive a full refund of your premiums if you outlive the policy term.
- Financial Security: Provide a death benefit to your loved ones if you pass away during the term.
- Flexible Coverage: Choose the coverage amount and term length that suits your needs and budget.
Example
- A 40-year-old individual purchases a 20-year term life insurance policy with ROP. They pay $1,000 per year in premiums. If they outlive the 20-year term, they will receive a lump sum payment of $20,000 (20 years x $1,000).
