Our term life insurance policies feature affordable, guaranteed rates and a conversion credit of up to 100% of premiums paid when converting to universal life.
Term Life insurance cover individuals for a specified period of time with level premiums. If the policyholder passes away while the Term Life policy is in effect, the company pays the face value of the policy to his or her beneficiaries; if the policyholder outlives the policy, nothing is paid to beneficiaries and no equity accrues. Therefore, Term Life insurance is the least expensive type of life insurance available.
|Term Life insurance|
|Term Life insurance is beneficial for policyholders if:||
|Pan-American International Insurance Corporation, offers the following Term Life products:||
|Term Life insurance benefits can offer individuals a number of different options, including:||