Our Instant Term Life Insurance offers up to $2 million in death benefits, providing efficient and comprehensive coverage tailored to your specific needs. Please note, this option is not available for residents of New York. To be eligible, the insured must be a U.S. citizen or a full-time permanent resident (excluding temporary visas), with no major medical conditions. Additional requirements include routine health care participation for those over age 50, adherence to financial underwriting guidelines including no bankruptcies in the last five years, and no prior rated or declined coverage.
The policy owner must be the insured individual, with total coverage (including existing Ameritas life insurance) not exceeding $5 million. We offer a range of eligible risk classes for instant decisions, but please note that substandard and rated classes require full underwriting, potentially including medical examinations and records.
When considering life insurance, one of the key decisions is between permanent and temporary (term) insurance. Each has its benefits and understanding these can help you make an informed decision. Permanent life insurance, also known as cash value life insurance, not only provides a death benefit but also accumulates cash value over time, offering financial flexibility. It's a long-term solution that can align with various financial goals and legacy planning. On the other hand, term life insurance provides coverage for a set period, typically offering higher coverage amounts at lower initial costs. It's an ideal choice for those seeking temporary protection, such as during the years of raising a family or paying off a mortgage. Our FAQ on 'Why consider permanent life insurance over term?' provides deeper insights into making this crucial choice.
DISCLOSURES
Jeffrey Endecott, Paul Mattke, and Sean Quigley offers products and services using the following business names: Freedom Financial Wealth Building Group – insurance and financial services | Ameritas Investment Company, LLC (AIC), Member FINRA/SIPC – securities and investments | Ameritas Advisory Services, LLC (AAS) – investment advisory services. AIC and AAS are not affiliated with Freedom Financial Wealth Building Group or any other entity mentioned herein. Products and services are limited to residents of states where the representative is registered. This is not an offer of securities in any jurisdiction, nor is it specifically directed to a resident of any jurisdiction. As with any security, request a prospectus from your representative. Read it carefully before you invest or send money. A representative will contact you to provide requested information. Representatives of AIC and AAS do not provide tax or legal advice. Please consult your tax advisor or attorney regarding your situation.
