You don't have to spend a lot of money to provide adequate life insurance coverage for your family. Term life insurance allows you to protect your family without straining your budget. Term life insurance provides low cost protection for your temporary needs. ERIE's level term life insurance plans provide the same amount of protection throughout the policy period, generally ranging from 1 to 20 years. Level term insurance is an affordable option when you need additional coverage for specific needs, such as the time when you are raising a family.

Erie Family Life offers several level term life insurance plans. One of them is likely just right for you.

Five-Year Renewable Convertible Term

This is an excellent option for covering short-term obligations, such as auto, boat and consumer loans. It can be continued to meet longer term needs as well.

• Minimum amount of protection is $20,000.
• Issued for individuals age 15 to age 60.
• Provides level term life insurance protection through age 70, if desired.
• Premiums remain level for five years and then increase every five years, based on your attained age.
• Non-tobacco use rates are available.
• The plan is convertible prior to age 70 to any form of permanent insurance offered by Erie Family Life without evidence of insurability.

Ten-Year and 20-Year Convertible Term

These life insurance plans provide protection for periods ranging from ten to 20 years. They are especially useful in providing protection for personal and recreational vehicle loans.

• Minimum amount is $20,000.
• The ten-year plan is available to individuals age 15 through age 60, and the 20-year plan is issued from age 15 to age 50.
• Provides level term life insurance protection for either a ten or 20-year period. Coverage cannot extend beyond age 70.
• Premiums remain level during the period of coverage.
• The plan is convertible anytime during the policy period to any form of permanent insurance offered by Erie Family Life.
• Non-tobacco rates are available.

Having your possessions adequately insured is important. Owning enough life insurance is important too, but sometimes it can be difficult to afford. The Term Protector® Series from Erie Family Life helps to make life insurance protection more affordable. Coverage is level, and the premium is projected to remain level for periods of 5, 10, 15 or 20 years, at a price that's easy on your budget. Policy Features:

• Minimum policy size is $100,000.
• Issue Ages: Term Protector Five-Plus Ages 21-55, Term Protetor Ten Ages 21-65, Term Protector Fifteen Ages 21-60, Term Protector Twenty Ages 21-55
• You can convert the policy to any form of permanent insurance during the policy period *, without evidence of insurability.
• Optional Waiver of Premium allows insurance protection to continue, with no premium necessary, if the insured is disabled for more than six months. If total disability continues to the end of the conversion period, Erie Family Life will convert your policy to a whole life plan and continue to waive all premiums on the new policy as long as the disability continues.
• Optional Renewability Rider gives the owner of a 10-or 15-year plan a one-time opportunity to renew the policy for an additional term period equal to the original plan, without evidence of insurability.
• As an extra feature of the Term Protector Five-Plus, the policy owner may continue coverage beyond five years all the way to age 95, on an annual renewable basis. That's the "Plus" part of the Term Protector Five-Plus!
  
  * Up to age 70 for Term Protector Five-Plus.

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