What is a term conversion?
A term “conversion” is an exchange of a term life policy for a permanent plan without a medical examination requirement. Premiums for the permanent plan are based on your age at the time of the conversion and the specific product chosen. [Return to Top] How do I change my beneficiary? A Change of Beneficiary form can be downloaded from the Term Life Insurance Forms page. Send the original form, signed by the owner, to our office to be reviewed and recorded. You may want to keep a copy for your records. [Return to Top] I did not receive a bill or notice of premium due. You will only receive a bill notice if you are on the direct bill method, (versus automatic account deductions), which sends a bill to your home. Our system bills approximately 20 days prior to when the premium is due. Please allow up to seven days for your notice to reach you.
A term “conversion” is an exchange of a term life policy for a permanent plan without a medical examination requirement. Premiums for the permanent plan are based on your age at the time of the conversion and the specific product chosen. [Return to Top] How do I change my beneficiary? A Change of Beneficiary form can be downloaded from the Term Life Insurance Forms page. Send the original form, signed by the owner, to our office to be reviewed and recorded. You may want to keep a copy for your records. [Return to Top] I did not receive a bill or notice of premium due. You will only receive a bill notice if you are on the direct bill method, (versus automatic account deductions), which sends a bill to your home. Our system bills approximately 20 days prior to when the premium is due. Please allow up to seven days for your notice to reach you. If after seven days you have still not received your bill, send a payment to the following address, making sure you have noted your policy number
A term “conversion” is an exchange of a term life policy for a permanent plan without a medical examination requirement. Premiums for the permanent plan are based on your age at the time of the conversion and the specific product chosen. [Return to Top] How do I change my beneficiary? A Change of Beneficiary form can be downloaded from the Term Life Insurance Forms page. Send the original form, signed by the owner, to our office to be reviewed and recorded. You may want to keep a copy for your records. [Return to Top] I did not receive a bill or notice of premium due. You will only receive a bill notice if you are on the direct bill method, (versus automatic account deductions), which sends a bill to your home. Our system bills approximately 20 days prior to when the premium is due. Please allow up to seven days for your notice to reach you. If after seven days you have still not received your bill, send a payment to the following address, making sure you have noted your policy number
