United Heritage Life Insurance Company
Legacy Value Level Term Products
If you're looking for high coverage at a
low price, check out our Legacy term insurance products!
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Why term insurance?
If you want to get the most life insurance protection for
your dollar without the savings element of permanent life
insurance, term insurance is usually the way to go. It provides
life insurance protection for a predetermined period of time,
usually 10, 15 or 20 years. Term life insurance pays a death
benefit if you die during the term of your policy; however,
unlike other types of life insurance, the policy does not
build any cash value.
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Legacy 10
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Legacy 15
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Legacy 20
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| Premiums** guaranteed for: |
5 years
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7 years
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10 years
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| Issue ages: |
18-70
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18-65
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18-60
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| Minimum face amount: |
$100,000
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$100,000
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$100,000
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| Policy Fee: |
$75.00
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$75.00
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$75.00
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| Minimum annual premium**: |
$200.00
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$200.00
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$200.00
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If you would like information about the Legacy products, or
any of the products that United Heritage offers,
contact us or
locate an agent in your area.
**Premiums ordinarily may be paid annually or on a "modal" basis; semi-annually, quarterly or monthly.* The amount of a modal premium is greater than a simple fraction of the annual premium-for example, a quarterly premium is greater than 1/4 of an annual premium. This is because a modal premium includes adjustments for such factors as additional collection costs and the fact that the Company does not receive, and have the use of, the entire premium at the beginning of the policy year.
The difference between the total modal premiums for the year and the annual premium can be expressed in the form of an Annual Percentage Rate (APR). The modal premium APR equates the additional charges for a modal payment to the interest rate on an installment loan.** For example, at the beginning of the policy year, the amount of the "loan" would be the annual premium less the first modal premium.
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