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

Key Features

Death Benefit: Global 360 Life As mentioned, the death benefit is 130% of the policy's face value. This added benefit can be particularly useful for covering end-of-Global 360 Life expenses, Global 360 Life outstanding debts, or providing additional financial support to beneficiaries.

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, 15, Global 360 Life 20, and 30 years.

Convertibility: Global 360 Life 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 Global 360 Life individuals who wish to extend their coverage beyond the initial term without undergoing a new medical exam.

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, Global 360 Life or Global 360 Life critical illness riders. These riders can enhance the policy's coverage and provide additional protection.

Benefits

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.

Financial Security: The 130% death benefit provides an extra layer of financial security for beneficiaries, Global 360 Life helping to cover unexpected expenses and Global 360 Life ensure long-term financial stability.

Flexibility: With various term lengths and optional riders, 130 Bixby Term 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, Global 360 Life it is worth exploring the benefits of 130 Bixby Term Life Insurance to determine if it aligns with your financial goals and protection needs.

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Pub: 20 Jun 2025 02:14 UTC
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