What is ROP Term?
ROP stands for Return-Of-Premium.
ROP Term is a newly introduced term life insurance product that
provides a death benefit protection and a return of premium
feature. This product is revolutionary do to the fact that it
bridges the gap between low-cost term insurance and permanent
insurance.
Return-Of-Premium
(ROP
Term)
is aimed right at one of the greatest consumer objections to
regular term life insurance: “I am probably not going to die, and
my money will have been wasted." With ROP Term you do not have to
waste your money. Unlike regular term, ROP Term rewards you for
living by offering a guaranteed return of your total cumulative
premium paid on the policy during the level term period, not
including substandard and rider charges, if any, will be paid to
the policy owner at the end of the level term period if the policy
is then in force.
Example:
Male, 35 preferred plus, 500K 30 year term:
Annual premium = $810, Return of Premium after 30 years = $24,300
($810 x 30yr = $24,300) Income Tax Free, because the premiums you
paid is after tax dollars.
Once you qualify online and payment is made, your insurance
protection begins immediately. If you are not completely
satisfied you can cancel within the 31 Day Free-Look period
and receive a full refund.
Once
you receive your quotes you may request to receive Carrier
Specific "Term Life Application Forms Online." You will also
receive policy illustrations and carrier rating information, so
you can rest assure you have made the right choice.
You may
also
contact us and speak with one of our licensed professionals.
Term Life Express.com is owned and operated by
Insurance
Quoteman.com in accordance with its privacy policy and is not affiliated
with Liberty Life Insurance Company. Patrick Gilmore is the licensed
life insurance agent. Information submitted in an insurance
application will be used by Liberty Life in accordance with it's
privacy policy. The Liberty Life product is available to U.S. and
Canadian citizens residing in the United States except for residents
of New York and Alabama. The products are not available to individuals
residing outside the U.S. Two (2) year contestability and suicide
period (1 year in CO and ND). In MO, suicide within 2 years does not
prevent payment of benefits unless suicide was intended at time of
application.
Need more
than $150,000 in Life Insurance: Alaska | Alabama | Arizona | Arkansas |
California | Colorado | Connecticut | Delaware | Washington DC | Florida |
Georgia | Hawaii | Idaho | Illinois | Indiana | Iowa | Kansas | Kentucky |
Louisiana | Maine | Maryland | Massachusetts | Michigan | Minnesota |
Mississippi | Missouri | Montana | Nebraska | Nevada | New Hampshire | New
Jersey | New Mexico | New York | North Carolina | North Dakota | Ohio |
Oklahoma | Oregon | Pennsylvania | Rhode Island | South Carolina | South
Dakota | Tennessee | Texas | Utah | Vermont | Virginia | Washington | West
Virginia | Wisconsin | Wyoming
