Refundable Life Insurance

 

 

 

                 

    

    

    

    

    

    

     

This is what is referred to as refundable life insurance.  With this type of policy you are refunded all premiums at the end of the term.

This is a relatively new product to the insurance market (Return of Premium, ROP).  Many insurance companies still do not offer this as an option. 

Our belief is that this type of insurance is the best option for most clients.  The combination of the the guaranteed investment while maintaining a large amount of life insurance coverage (compared to a traditional term policy) usually make this the best option.  We will always quote both rates (ROP and non-ROP) to provide all information to our customers so they can make a logical decision. 

Key Benefits

  • Low Cost (slightly more expensive than straight-term coverage)
  • All premiums are refunded at the end of the term
  • Affordable coverage
  • Guaranteed Return of Money (tax-free)

 

Sample Rates

30 year old Male is perfect health, $100,000 Death Benefit (Female rates are slightly lower)

    15 year    $10.12/mo.    ($ 1,821.60 Refunded)

    20 year    $10.90/mo.    ($ 2,616.00 Refunded)

    25 year    $12.37/mo.    ($ 3,711.00 Refunded)

    30 year    $13.75/mo.    ($ 4,950.00 Refunded)

 

Same individual at $500,000 Death Benefit

    15 year    $64.36/mo.    ($11,584.80 Refunded)

    20 year    $57.52/mo.    ($13,804.80 Refunded)

    25 year    $60.20/mo.    ($18,060.00 Refunded)

    30 year    $64.59/mo.    ($23,252.40 Refunded)

 

100% of premiums refunded at end of the term

*rates above are illustrative and are subject to change

 

 

Send mail to webmaster@RefundableLifeInsurance.com with questions or comments about this web site.