Two More Reasons to Make SwiftTerm Your Go-To Term Solution
With Symetra’s award-winning SwiftTerm term life insurance, you’ve come to expect highly competitive rates, no-exam instant coverage availability, a fast and easy online process, and coverage up to $5 million.1,2,3
Now, SwiftTerm offers two more reasons to be your go-to term solution:
- Conversion Enhancement Rider (PDF): This new, optional rider gives clients the freedom and flexibility to convert to a broader selection of Symetra permanent life insurance products without additional medical underwriting or evidence of insurability. And, depending on the level term period selected, the rider can even extend the length of the conversion period.
- Value Added Benefit (PDF): We know how difficult it is to lose a loved one, so we’ve partnered with Empathy to offer help to beneficiaries after the insured passes, including guidance with grief, closing accounts, probate and estate questions, and more. This value-added benefit is included with every SwiftTerm policy we issue.4
1 Best Term Life Insurance: Expert-rated in October 2024 (usatoday.com)
2 Depending upon your client’s answers during the application process, your client may travel down one of three underwriting paths—instant coverage, accelerated underwriting or full underwriting. The typical coverage turnaround time is about 18 minutes for instant coverage, 24-72 hours for accelerated underwriting and 30 days for full underwriting. Premium payment is required for coverage to be in effect.
3 For policy amounts over $3 million, the following underwriting paths are available: Instant Coverage for ages 26 to 50 (Non-Nicotine only), Accelerated Underwriting for ages 20 to 50 (Non-Nicotine only), and Full Underwriting for ages 51 to 60 and Nicotine users ages 20 to 50. For policy amounts $3 million and under, all underwriting paths are available for all SwiftTerm ages (20-60).
4 Subject to state availability. Refer to LIM-1093/SwiftTerm for a full list of currently approved states.