Explore Coverage Options with Prudential Term Life Insurance
Since it was founded in 1875, Prudential has enjoyed a solid reputation for providing excellent customer service as well as a variety of coverage options. In addition, Prudential has a solid financial history, which means customers can be almost certain the coverage will be in place if the time comes to claim a benefit. Therefore, if you are looking for great coverage, Prudential term life insurance just may be right for you.
When you purchase Prudential term life insurance, you will have several different types of policies to choose from. One of these is the Term Essential policy. This type of policy is considered an entery level term life insurance policy and is a good choice for someone looking to get an insurance policy without having to pay a whole lot of money. This type of policy is available in 10, 15, 20, and 30 year terms. In addition, you can choose to conver the policy to permanent if you like. At this point, you can expect the premium payments to be higher than what you were paying during the initial policy period.
Another option is the Term Elite policy. This type of policy is available in 10, 15, and 20 year terms. As with the Term Essential policy, you can choose to transform this policy to a permanent policy at a later date. With the Term Elite program, however, you can receive a credit that will go toward your premiums if you choose to convert the policy to permanent coverage within the first five yers of term coverage.
Your final Prudential term life insurance option is the PruLife Return of Premium Term policy. This policy type is available for 15, 20, and 30 year terms and, like the other types of policies, can be converted to a permanent policy if you like. In addition, you can receivfe a return of your premium if you are still alive at the end of your premium period and your policy is still current.