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ERIE Flagship TermTM2 Series
Term life insurance is a popular form of coverage that allows you
to purchase large amounts of protection at attractive premium rates.
In recent years, many companies have been offering term insurance through
a variety of means, including toll free numbers and the Internet.
The Erie Flagship Term2 Series from Erie Family Life provides term
life insurance coverage to age 95. The face amount of the policy remains
level and the policyowner selects from a 10-, 20- or 30-year level premium
period. The premium is projected to remain level for the period chosen
and is guaranteed level for the first ten years on all plans. After
the first ten years, Erie Family Life may adjust premiums annually,
either up or down, but not above the guaranteed maximum premium shown
in the policy.
Policy Features
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- Minimum Policy Size: $100,000
- Rate Classifications: Ultra Select Non-Tobacco, Super Select Non-Tobacco,
Select Non-Tobacco, Preferred Non-Tobacco, Select Tobacco and Tobacco
- Issue Ages:
- 10-Year Level Premium: Ages 21-65
- 20-Year Level Premium: Ages 21-601
- 30-Year Level Premium: Ages 21-502
- While the policy is in force, you may convert it to cash value life insurance
up until the anniversary date on which the insured reaches age 70, without evidence
of insurability. We guarantee this conversion privilege regardless of health,
occupation or hobbies.
- An optional Premium Waiver Benefit
allows insurance protection to continue, with no further premium payment
necessary, if you become totally disabled for more than six months. If
total disability continues to the end of the conversion period, Erie Family
Life will automatically convert your policy to a whole life plan and continue
to waive all premiums on the new policy for as long as the disability
continues.
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**Erie Family Life products are not available in all states.
1 21 to 55 in Indiana
2 21 to 45 in Indiana
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