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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

  • 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.

**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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