When life insurance is required on a limited budget, term life insurance may be the ideal choice. NMB offers three term programs to meet these needs:
Select Plus
NMB's Select Plus policy offers level term life coverage which is guaranteed renewable for 30 years. Premiums are level for the first ten years, changing to annually renewable premiums for years 11-30. Two important additions are available. The Supersize Rider, a 10 year decreasing term rider that helps to tailor coverage amount at a very competitive price. A generous conversion credit is available during the first ten years.
Dual Select Plus
Dual Select Plus provides the same coverage as Select Plus, but this unique plan covers two individuals, paying a death benefit at the first death. This program also offers the Supersize Rider, a 10 year decreasing term rider that helps to tailor coverage amount at a very competitive price.
Juvenile Term
Give a child a memorable gift of love-one that could last a lifetime. NMB's Life Builder Plus is designed to establish the foundation of a safe and secure future for a young individual. It provides level term insurance coverage to age 26, with insurability safeguarded for up to twice the face amount when the insured's reaches age 26. This policy can be issued on an annual payment basis or with a one-time payment.
Return of Premium Term
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