SERVICES / LIFE INSURANCE
Protect what matters.
Plan for what’s ahead.
Life changes. Your family’s need for security stays. Term life insurance offers protection for a defined period, helping the people you love manage financial responsibilities if you pass away while coverage is in force.
Choose a coverage amount and a term that align with your needs. If the insured person dies during the covered period, the policy pays a death benefit to the named beneficiaries, subject to its terms. Standard term insurance does not build cash value.
01
A shorter coverage window for a defined obligation, such as the remaining years of a loan. Coverage ends sooner than a 20- or 30-year term, so consider whether your family may still need protection afterward. Available terms and issue ages vary.
02
A middle-length option to compare when children, income replacement or a mortgage create needs over the next two decades. A guaranteed level premium applies only for the period stated in the contract; renewal may cost more.
03
A longer option to compare for a new mortgage or a young family. For otherwise comparable coverage, a longer guaranteed period generally costs more than a shorter one. Health, age, underwriting and product terms determine actual pricing.
MAKE AN INFORMED CHOICE
Illustration only—not a quote or recommendation.
A household estimates $250,000 in mortgage debt, $150,000 in income support and $50,000 for education and other expenses: $450,000 total. Subtracting $50,000 in savings available for those needs gives a hypothetical $400,000 protection gap. Existing insurance, a surviving partner’s income and changing needs can alter the result. A licensed professional can help assess an appropriate amount and term.
Ask when the level-premium period ends, whether renewal is available and what it will cost. Some policies allow conversion within a limited window. Compare permanent life insurance for longer-lasting needs and learn how eligible living benefit riders differ. Conversion rights and rider availability depend on the contract.
THE POWER OF CHOICE
Examples of companies offering term life insurance. DMD can help you explore which products are available for your situation and state.
Term coverage from United of Omaha Life Insurance Company, a Mutual of Omaha company.
Term life options, including policies with eligible living benefit features.
Term life insurance options through Ethos, with a streamlined online application process.
Product availability, underwriting, benefits and riders vary by insurer and state. Carrier logos identify their respective companies; they do not guarantee eligibility, approval or a particular product’s availability through DMD.
Standard term life insurance provides a death benefit for a covered period and does not accumulate cash value. Permanent coverage works differently and may be worth discussing if your needs extend beyond a defined term.
Standard term coverage does not pay a benefit simply because the term ends. Renewal or conversion may be available under your policy, often with deadlines or higher premiums. Review these provisions before buying.
Requirements depend on the insurer, product and your application. Some applicants may qualify without an exam; others may need additional medical information. Approval and pricing are determined through underwriting.
Some term policies offer riders that may allow early access to part of the death benefit for a qualifying illness. Definitions, charges and restrictions vary. Using a benefit can reduce what remains for beneficiaries.
FOR DMD AGENTS
Begin with a needs conversation. Compare guaranteed premiums, conversion windows, underwriting requirements and rider definitions using current carrier materials. Confirm your licensing and appointments before offering coverage. Contact DMD for product and case support.
Let’s talk about the people and plans you want to protect. Our team can help you understand your choices and take the next step with confidence.
This page provides general educational information, not a quote or a coverage recommendation. Insurance coverage is subject to the issued policy’s terms, exclusions, limitations and payment of required premiums.