100 E Crockett
Cleveland, TX 77327
281-592-1541
fax
281-593-2866
wYearly Renewable Term
wLevel Term 2000
wDecreasing Term Life
Yearly Renewable Term is an affordable one-year level term insurance plan that can keep you insured for life. The plan is renewable for successive periods, one year at a time to age 95, all without having to provide any further evidence of insurability. Minimum plan coverage is $500,000.
wCoverage - This affordable Yearly Renewable Term fits the needs of families, professionals and business owners. The coverage is designed for short-term insurance needs, such as paying off a loan in the event of death or a traditional "key-person" insurance plan.
wGuaranteed Premium - Your premiums are guaranteed at the beginning level for the first five years of the policy. Thereafter guaranteed maximum premium payment increases are specified in the policy. So, you can plan your insurance costs, now and down the road.
wConvertibility - When things change, you're covered. The Yearly Renewable Term is convertible during the first ten policy years, but only prior to age 65. It may be converted to any permanent plan of coverage available through the same company.
w Discounts - Non-nicotine users are eligible for reduced premiums. Plus, if you meet certain health standards specified by the plan, you can enjoy special preferred rates.
wOptions - Options that can custom fit coverage to your needs include the Waiver of Premium Benefit, and the Deposit Fund.
Level Term 2000 Plans
There may be times when you need temporary additional life insurance protection for as little as five years or as long as 30 years. Level Term 2000 plans provide affordable life insurance coverage that is guaranteed to remain level as long as you need the coverage.
This Term 2000 Life Insurance coverage can help safeguard your family's financial security by paying for a mortgage balance, child's college education, family income, personal debts or final expenses. This plan can also be used to meet a variety of business life insurance needs, such as key person coverage, security for a business loan, funding for a buy/sell agreement or low-cost optional employment benefit.
Riders and Benefits
An Accelerated Death Benefit Rider is included with your policy at no extra charge. If you are diagnosed with a terminal illness while your policy is in force, this rider allows you to request payment of a portion of the policy's death benefit. For an additional cost, other riders and benefits may be added to tailor your Level Term 2000 policy to your special circumstances.
Deposit fund
This optional side fund may be used to build cash reserves for the future. The minimum payment is $25. Interest is compounded annually, and the fund earns a competitive current interest rate. Withdrawals from the fund do not affect the policy's death benefit.
Decreasing Term Life Insurance
There may be times when you need additional life insurance protection. Decreasing Term Life Insurance provides additional coverage at affordable cost for as little as 15 and as long as 30 years. This policy provides coverage that decreases over the period you choose, while the premium remains the same for the covered period. Decreasing Term Life Insurance coverage can help safeguard your family's financial security by paying for a mortgage balance, a child's college education, family income, personal debts or final expenses.
This coverage can also be used to meet a variety of business life insurance needs, including key person coverage or funding for a buy/sell agreement.
For an additional cost, riders and benefits may be added to tailor your Decreasing Term policy to fit your special circumstances.
Deposit Fund
This optional side fund may be used to build cash reserves for the future. The minimum payment is $25. Interest is compounded annually, and the fund earns a competitive current interest rate. Withdrawals from the fund do not affect the policy's death benefit.
MORTGAGE LIFE INSURANCE
Obviously, for you and your family, no amount of money could possibly replace you. However, consider the financial implications if something were to happen to you.
Mortgage Life Insurance is life insurance designed to assure that, in the event of your death, your family can remain in the house they love.
Two basic types of Mortgage Life Insurance:
wLevel Term 2000
wDecreasing Term Life Insurance
(Details of these two plans are listed above on this page.)
For further information on Term Life contact Danner Insurance.
