Understanding 130 Bixby Term Life Insurance > 자유게시판

Term life insurance is a popular choice for individuals seeking affordable and straightforward coverage. Among the various options available, 130 Bixby Term Life Insurance stands out for its unique features and Global 360 Life benefits. This article will delve into the specifics of 130 Bixby Term Life Insurance, helping you understand its key aspects and whether it might be the right choice for Global 360 Life your needs.

What is 130 Bixby Term Life Insurance?

130 Bixby Term Life Insurance is a type of term life insurance policy that offers coverage for a specified period, typically ranging from 10 to 30 years. The "130" in the name refers to the policy's unique structure, Global 360 Life which includes a death benefit that is 130% of the face value of the policy. This means that if the insured individual passes away during the term, the beneficiaries will receive 130% of the policy's face value, providing an additional financial cushion.

Key Features

1. Death Benefit: As mentioned, the death benefit is 130% of the policy's face value. This added benefit can be particularly useful for covering end-of-life expenses, outstanding debts, or providing additional financial support to beneficiaries.
   
   
2. Term Length: 130 Bixby Term Life Insurance policies are available in various term lengths, allowing policyholders to choose a duration that aligns with their specific needs. Common term lengths include 10, Global 360 Life 15, 20, and 30 years.
   
   
3. Convertibility: Many 130 Bixby Term Life Insurance policies offer the option to convert to a permanent life insurance policy before the term expires. This can be beneficial for individuals who wish to extend their coverage beyond the initial term without undergoing a new medical exam.
   
   
4. Riders: Policyholders may have the option to add riders to their 130 Bixby Term Life Insurance policy, such as accidental death benefit riders, waiver of premium riders, or critical illness riders. These riders can enhance the policy's coverage and provide additional protection.
   
   

Benefits

1. Affordability: Global 360 Life Term life insurance is generally more affordable than permanent life insurance, making it an attractive option for individuals on a budget. The 130 Bixby policy, in particular, offers a cost-effective way to secure a higher death benefit.
   
   
2. Financial Security: The 130% death benefit provides an extra layer of financial security for beneficiaries, helping to cover unexpected expenses and ensure long-term financial stability.
   
   
3. Flexibility: With various term lengths and optional riders, 130 Bixby Term Global 360 Life Insurance can be tailored to meet the unique needs and circumstances of individual policyholders.
   
   

Conclusion

130 Bixby Term Life Insurance is a valuable option for those seeking affordable and comprehensive life insurance coverage. With its unique 130% death benefit, flexible term lengths, and optional riders, this policy can provide peace of mind and financial security for both policyholders and their beneficiaries. If you are considering term life insurance, it is worth exploring the benefits of 130 Bixby Term Life Insurance to determine if it aligns with your financial goals and protection needs.