Everything you need to know about insurance basics, like coverage types, limits, cost and more.
DreamSecure Simplified Term Life Insurance
A quick application process, no medical exam (only a handful of health questions to help determine eligibility) and coverage that can be affordable — that’s life insurance you can get on board with. Having life insurance is an important step in protecting your loved ones’ financial future — and that’s a big deal. But, it doesn’t have to be a big deal to actually get life insurance coverage. That’s where DreamSecure Simplified Term Life Insurance steps in.
What Is Simplified Term Life Insurance?
Simplified term life insurance is an uncomplicated type of life insurance because it doesn’t require a medical exam or as many health questions as other types of life insurance. This means you can apply to get life insurance faster because you don’t have to wait for exam results or go through a lengthy questionnaire about your health. Keep in mind that a term life insurance policy only lasts for a set amount of time and will end when that time period is up. Watch a quick video to learn more about simplified term life insurance. Then, read about the benefits and coverage options available.
We get it.
Life insurance isn't always easy to wrap your head around.
That's why we created DreamSecure Simplified Term Life Insurance, a quick and easy way to take steps to prepare for tomorrow while finding the peace of mind to truly live your life today.
What's unique about American Family Life Insurance Company's Simplified Term Life Insurance is that no medical exam is required.
To apply, simply answer a few health questions from the comfort of your home or by calling an agent.
And if approved, your policy could be issued within 10 business days.
Pretty convenient, right?
DreamSecure Simplified Term Life Insurance offers a simplified application process with coverage options to fit most budgets. This coverage offers temporary protection available in 10-, 15-, 20- or 30-year terms.
If you were to pass away within the policy term, your beneficiary will receive the policy proceeds. The beneficiary can use the proceeds from a life insurance policy for anything.
Many people find it helpful for things like paying off a mortgage, paying off outstanding credit card or loan debt, maintaining a current lifestyle, and covering final expenses like funeral costs.
Remember, your life insurance premium, which is the amount you pay to stay covered, is partly based on your age. So the sooner you act, the sooner you may be able to take advantage of a lower premium.
Does DreamSecure Simplified Term Life Insurance sound right for you?
Visit AmFam.com/life to learn more.
Then, connect with an American Family Insurance agent who can help you explore your options and ensure you're carefully protecting those who matter most.
Benefits of Simplified Term Life Insurance
DreamSecure Simplified Term Life Insurance can be a great policy for most ages if you’re looking for a lower coverage amount. It offers a simplified application process with coverage options to fit most budgets. So a millennial with a new family and mortgage, or a soon-to-be empty nester wanting to protect your spouse’s ability to retire, DreamSecure Simplified Term Life Insurance offers a no-nonsense way to help financially protect the future of those who matter most to you.
Easy application process
Many life insurance applications can be rather lengthy and it can take a while to get approved. But, it’s easy to apply for a DreamSecure Simplified Term Life Insurance policy. You can apply from your home or in your agent’s office, and there are only about a dozen questions to answer. If approved, your policy will be issued within 10 business days for most applicants. Check out the life insurance buying process so you can see how simple it can be to financially protect the ones who matter most.
No medical tests
Some life insurance policies require a physical exam, but DreamSecure Simplified Term Life Insurance requires only a few health questions to help determine eligibility.
Multiple term life coverage options
DreamSecure Simplified Term Life Insurance is available in 10-, 15-, 20- and 30-year terms with coverage ranging from $50,000 to $150,000. Your premium is guaranteed to stay the same for the length of the term you choose.
Customize Your Simplified Term Life Insurance Policy
American Family Life Insurance Company offers an additional coverage option that you can add to build a life insurance policy that suits your needs. The Premium Waiver for Disability Benefit Rider waives premiums if the insured becomes totally disabled.*
In addition to the coverage available for purchase mentioned above, each policy automatically comes with an Accelerated Death Benefit option (to be added at time of need). This benefit allows the policy owner to collect a part of the death benefit under certain conditions if the primary insured is diagnosed with a terminal illness.**
Why Get Simplified Term Life Insurance Now?
Your life insurance premium is based, in part, on your age. So the sooner you act, the sooner you may be able to take advantage of a lower premium. And, because your health is also a large factor in determining your qualification for life insurance, you’ll want to purchase life insurance while you’re in good health.
Although your life may be busy, now is a great time to take steps to build a financially secure future. Your American Family Insurance agent is ready to help you explore DreamSecure Simplified Term Life Insurance or other options, so you can confidently pursue your dreams knowing you’ve taken steps to financially protect your loved ones’ future.*Subject to rider terms and conditions.
** Exercising the Accelerated Death Benefit option may have tax consequences and could impact qualification for government benefits.
Policy Forms: ICC18-36 (10), ICC18-36 (15), ICC18-36 (20), ICC18-36 (30), L-36 (10)(ND), L-36 (15)(ND), L-36 (20)(ND), L-36 (30)(ND), L-36 (10)(SD), L-36 (15)(SD), L-36 (20)(SD), L-36 (30)(SD)Rider Forms: ICC18-WP (TERM), L-WP (TERM), L-WP (SD)(TERM), ICC17-ACDB TERM, L-ACDB TER