Annual Renewable & Convertible Term Policy

Great for Short Term Needs

The Annual Renewable Term (ART) Policy provides a level death benefit renewable to age 80 and convertible to age 65. The scheduled premiums are level for one year and will increase annually, renewable to age 80. The scheduled premiums are guaranteed for the first year. An option the insured may elect is to continue paying a level premium. The amount of life insurance each year will be equal to the amount that premium will purchase based on the insured's attained age.

Issue ages: 15-70 (age nearest birthday)

Minimum policy size: $25,000
(Subject to a minimum annual premium of $100)

Riders
Accidental Death Benefit
Waiver of Premium
Children's Term Rider

Please contact a Federal Life Insurance Representative for additional details and information on our Annual Renewable & Convertible Term Policy.