Worksite Lifetime Benefit Term

Worksite Lifetime Benefit Term provides employees and spouses term coverage through age 120. The product combines an Initial Death Benefit which is guaranteed to age 70 or 25 years, whichever is longer, with Paid-Up Term Benefits which begins accumulating after five years. After age 70 or 25 years, whichever is longer, the Initial Death Benefit is guaranteed for 50% of the initial amount. Also the Initial Death Benefit is paid-up at age 100 based on current assumptions, however, in most cases it will be fully paid-up prior to that age.

The coverage is available to employees on a Conditional Guarantee Issue basis up to $150,000 and up to $25,000 on their spouses. Coverage may be issued between ages 16 and 70.

Not all products available in all states. Fidelity Life Association is licensed in all states and the District of Columbia, except for Wyoming and New York. Our NAIC number is 63290.