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What is term life insurance?

Although life is full of happy milestones, we all have to deal with unforeseen challenges that can result in financial hardship. Term life insurance can help your family to continue to meet financial obligations like mortgage payments and college tuition in the event of your unexpected death. With a fixed premium and a set amount of coverage, term life insurance is useful if you only need coverage for a specific time period such as 10, 20 or 30 years, and pays a benefit if you die within the designated time.
happy couple at the beach

Why choose term life insurance?

Foresters Financial term life insurance products can be an affordable starting point for your overall financial plan. In the event of unexpected death, term life insurance can:  

  • Help cover short-term debts
  • Help cover long-term debts (such as a mortgage)
  • Help provide for your children’s education
  • Help your family stay in their home  


Product overview

Level Term Life Insurance is insurance that provides pure protection for a limited period of time. The proceeds paid to your named beneficiary are generally free from federal income tax. Foresters Life Insurance and Annuity Company offers term life insurance in three term periods: 10, 20, and 30 years. Your financial representative can work with you to determine which term policy is best for you.

Foresters Financial also offers:

Universal life insurance

Whole life insurance

Variable life insurance

Variable universal life insurance

 

Level Term is approved in these states with the form number listed below:
LTL-2 (09/05)(AZ)
LTL-2 (09/05)(AR)
LTL-2 (09/05)(CA)
LTL-2 (09/05)(CO)
LTL-2 (09/05)(CT)
LTL-2 (09/05)(DE)
LTL-2 (09/05)(DC)
LTL-2 (09/05)(FL)
LTL-2 (09/05)(GA)
LTL-2 (09/05)(ID)
LTL-2 (09/05)(IL)
LTL-2 (09/05)(IA)
LTL-2 (09/05)(LA)
LTL-2 (09/05)(MD)
LTL-2 (09/05)(MA)
LTL-2 (09/05)(MI)
LTL-2 (09/05)(NM)
LTL-2 (09/05)(NY)
LTL-2 (09/05)(NC)
LTL-2 (09/05)(ND)
LTL-2 (09/05)(OH)
LTL-2 (09/05)(OR)
LTL-2 (09/05)(PA)
LTL-2 (09/05)(SC)
LTL-2 (09/05)(TX)
LTL-2 (09/05)(VT)
LTL-2 (09/05)(VA)
LTL-2 (09/05)(WA)

In addition, the following states are approved as form LTL-2 (09/05):  
AL
IL
KS
KY
ME
MS
MO
NH
OK
RI
TN
UT
WV
WI
WY

Level Term is issued by:

Foresters Life Insurance and Annuity Company
40 Wall Street, 10th Floor
New York, NY 10005(800) 832-7783

Distributed by:

Foresters Financial Services, Inc.

Each company is a wholly owned subsidiary of The Independent Order of Foresters.

413384 US (02/16)

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