Low-cost protection
Your family maintains its quality of life if you are gone: rent or mortgage, household expenses and your children's education.
Term 95
Life insurance
Simple, affordable term life insurance with guaranteed level protection, coverage from US$250,000 and automatic renewal.
Term 95 benefits for your family
What you get with Term 95
A term policy renewable up to age 95 for people aged 21 to 75, with coverage from US$250,000, periods of 5 to 30 years and guaranteed level protection.
Backing for your mortgage and debts
Secure a mortgage loan through a collateral assignment and make sure your debts are covered so they are not passed on.
Get your premiums back
Return of premiums option for the 20- and 30-year periods if death does not occur.
Starting your career
Young and healthy, it's the ideal time to plan for the future: the cost is very affordable and the premium stays level for up to 30 years.
Starting a family
Your family can keep its lifestyle: your children in the same house, at the same school and even studying at university.
Approaching retirement
Leave a tax-free legacy to your family and protect your assets, avoiding a hasty sale of assets due to lack of liquidity.
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Term 95 is term life insurance, renewable up to age 95 and not convertible. It is BMI's simplest and most affordable policy. The premium remains level and guaranteed for the chosen term (5, 10, 15, 20 or 30 years). At the end, it renews automatically for the same term, with no insurability requirements.
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Yes. The policy can back a mortgage through a collateral assignment. If you pass away, your family is protected and does not inherit the debt.
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Yes, if you add the Return of Premiums rider to the 20- or 30-year terms. The refund is received upon completing the contracted term. If you cancel earlier, there is no proportional refund.
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It is issued from ages 21 to 75, with a minimum coverage of US$250,000 and a policy fee of US$75 per year. The premium is paid annually, semi-annually, quarterly or monthly.
