The Term Warehouse offers the most comprehensive presentation of term life insurance in the industry. The Term Warehouse covers over 290 term life insurance plans issued by the top companies in the life insurance industry. The basic presentation provides premiums for 10, 15, 20, 25 & 30 year guarantee periods covering all modal options for the four major rate classes (Preferred Best, Preferred, Standard Plus & Standard). That is up to to 4,640 different combinations of guarantee periods, companies, rate classes and payment options (varies by issue state).
To help guide one through all the options, the Term Warehouse ranks each available option by guarantee period, taking into consideration premium, product features and benefits, ease of underwriting and the financial ratings of the issuing company. The options are scored relative to the other available options of the given guarantee period and assigned star ratings (5 stars being the best). With each situation being different, rankings could vary greatly by age, gender, tobacco usage and death benefit amount.
Term Warehouse Highlights
- Accelerated Underwriting up to $5,000,000
- Return of Premium
- Waiver of Premium
- $10,000 Dependent Child riders
- Chronic and Critical Illness riders
- Vitality Plus from John Hancock
- Carrier retention up to $30,000,000
- Jumbo limits up to $65,000,000
Term Warehouse Guarantee Periods
| 10 years | 24 years |
| 15 years | 25 years |
| 16 years | 26 years |
| 17 years | 27 years |
| 18 years | 28 years |
| 19 years | 29 years |
| 20 years | 30 years |
| 21 years | 35 years |
| 22 years | 40 years |
| 23 years |