Term 100 life insurance is for individuals looking for a long-term solution. Also referred to as T100, it is a permanent policy that you have into until you turn 100. You can opt into this insurance until you are 85 years old. Death benefits are guaranteed but there is no cash value component. You will continue to be covered after your 100th Birthday, but no premiums are required. Term to 100 policies don’t have a cash-out option and dividend payments, so it only pays upon your death.

• Coverage for Life: Provides coverage for your entire lifetime or until the age of 100. This longevity ensures that no matter when the inevitable occurs, your dependents will have a financial safety net.
• Fixed Premiums: One of the major advantages of Term-100 life insurance is the certainty it provides with fixed premiums. Once your premium rate is set, it remains the same for the duration of the policy. This feature helps you plan your finances effectively without worrying about premium increases.
• Death Benefit: Upon the insured’s death, Term-100 life insurance pays out a death benefit to the named beneficiaries. This payment can be used to cover funeral costs, ongoing living expenses, debt repayment, or as an inheritance.

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