First Term Life Insurance
Providing the protection you need at a time when the demands on your budget are the greatest.
The Advantages of First Term…
The First Term program offers a simple and cost-effective form of life insurance – All while allowing you to enjoy the benefits you’ve come to expect from Trinity Life Insurance Company.
PROTECTION WHEN YOU NEED IT MOST...
First Term insurance is designed to provide financial protection for a specified period of time.
When you’re young and establishing a career, buying your first home or starting a family, you may be financially vulnerable. The First Term plan can provide the protection you need at a time when the demands on your budget are the greatest.
Later in life you may want additional financial protection for a set period of time. This may be true, for instance, if additional debt is assumed. In this case, additional insurance protection reduces your risk. And, if your needs change, you may be able to convert your First Term plan into a Trinity Life Insurance Company permanent plan without proof of insurability at the time of conversion.
Term life insurance is one of the least expensive life insurance products available. Premiums are used to buy life insurance only – not to build up any cash value.
Sometimes, temporary needs for life insurance protection become permanent ones. With First Term, you can keep your options open. Your First Term policy may be converted to any form of level premium permanent life insurance policy we offer at the time of conversion, at which time you will not be required to provide proof of insurability. The policy may be converted at any time after the first year and prior to age 75.
At the end of your initial term of 10, 15, 20, or 30 years, your coverage can continue. Although premiums will increase each year based on your age, your coverage may continue up to age 95, regardless of your health.
With your choice of protection from $25,000 to $5,000,000, you can apply for an initial term of coverage of 10, 15, 20, or 30 years. With that flexibility, you can get the protection your family needs, for just the period of time you need it.
FULLY GUARANTEED PREMIUMS
You can choose among these coverage options below:
Your premiums are guaranteed to remain level for the entire initial 10, 15, 20, or 30 year insurance policy term period you select.
CONSULT YOUR AGENT
Your agent can help you choose the Trinity Life Insurance Company First Term plan that is best for you and your needs. Ask your agent for more information today. The process is simple. The results are gratifying. First Term...Affordable Protection When You Need It Most.
When your need for protection has a predictable end, such as the time until a child graduates from college, the duration of a mortgage, or the repayment period for a business loan, the First Term may be right for you.
Additional Rider Options
Trinity Life Insurance Company knows that each person’s life insurance needs are unique. That’s why we offer you so many options for customizing your First Term insurance plan.1
Accelerated Living Benefit Rider – (ALBR)
A portion of the death benefit may be accelerated if the Insured is diagnosed with a terminal illness that with reasonable medical certainty will result in the death of the Insured.
Waiver of Premium Rider – (WMPR)
If the Insured becomes totally disabled prior to age 65, policy premium may be waived. This rider is available at issue ages 18-55 for 10, 15, and 20 year term plans. Issue ages available for 30 year term plan are the same as the base policy.
Accidental Death Benefit Rider – (ADBR)
If the Insured dies in an accident prior to attaining age 70, the beneficiaries may become eligible for an additional death benefit. Issue ages available for this rider are the same as the base policy.
Not all riders are available in every state. Ask your agent about availability. For full description of rider terms, see policy contract.
Neither Trinity Life Insurance Company nor its agents offer tax advice. The information contained in this brochure summarizes the insurance policy and our understanding of current tax laws that relate to this insurance policy. See the policy delivered to you for exact terms, definitions, limitations, exceptions, and conditions. We recommend that you consult with a qualified attorney, accountant, or tax expert for advice regarding your specific situation.
All benefits are contingent upon premiums being paid in a timely manner. 10, 15, and 20 year First Term plan available only to individuals ages 18 years to 60 years. 30 year First Term plan available only to individuals ages 18 years to 50 years for Non-Tobacco and ages 18 years to 45 years for Tobacco. Product not available in all states. Must meet underwriting requirements and qualifications. Not all applicants will qualify. If a policy is applied for and issued, coverage will not be in effect until approved and the first premium paid.
Form (FT series) This Base Policy provides the death benefit.
Form (FT ALBR series) This Rider accelerates a portion of the policy’s death benefit upon diagnosis of a terminal medical condition. This Rider must be applied for, it is not automatically included, and does not require an additional premium.
Form (FT WMPR series) This Rider waives policy’s Monthly Premium upon Total Disability. This Rider must be applied for, it is not automatically included, and requires an additional premium.
Form (FT ADBR series) This Rider provides an additional death benefit if the death of the insured results from an accident. This Rider must be applied for, it is not automatically included, and requires an additional premium.
The benefit in the event of suicide during the first two policy years or allowed by law may be limited to premiums paid. For cost and complete details please contact:
Trinity Life Insurance Company
7633 East 63rd Place, Suite 230,
Tulsa, OK 74133