CONTACT Search Search INDIVIDUALS & FAMILIES | SENIORS | EMPLOYERS | PRODUCERS | WHY US | ABOUT US HOME > EMPLOYERS > VOLUNTARY BENEFITS > TERM LIFE Term Life A practical choice that delivers peace of mind. Protection for a defined period with predictable premiums. Employees will appreciate the peace of mind that life coverage provides, and their loved ones will appreciate a benefit that can help guarantee a more secure future if the unthinkable should happen. Term Life from ManhattanLife provides protection for a defined period, during which premiums stay the same. LIFE INSURANCE STATISTICS 227.1% From December 1986 to September 2017, funeral expenses rose 227.1 percent, while prices for all items rose 123.4 percent.1 $7,360 The national median cost of a funeral with viewing and burial in 2016 was $7,360.1 $61,554 In 2016, nearly 3 out of 4 consumers, 73%, died with significant outstanding debt. The average total balance of their debt was $61,554, including mortgage debt. Without home loans, the average balance was $12,875.2 MANHATTANLIFE TERM LIFE PROVIDES BASIC BENEFITS. Employees choose the amount of life insurance they need (based on coverage limits) and either a 10-year or 20-year term period. Premiums are guaranteed and will not increase during the term period. Upon the insured’s death, the beneficiary will receive the death benefit selected. TERMINAL ILLNESS BENEFIT Accelerated benefit for terminal illness - if the insured is diagnosed with a terminal illness, he or she can receive a lump sum benefit of 50% of the death benefit (up to $100,000). PORTABILITY BENEFIT Coverage is fully portable if you leave the company prior to age 70, as long as the Master Policy is in force. Have an Agent Contact Me We also offer Whole Life insurance. LEARN MORE Sources for statistics: 1U.S. Bureau of Labor Statistics; 2December 2016 data provided to Credit.com by credit bureau Experian Facebook Linkedin Twitter Vimeo Youtube Glassdoor RSS PRODUCTS FOR Individuals & Families Seniors Employers Mortgages SOLUTIONS FOR Individuals & Families Annuities Medicare Supplement Voluntary Benefits NEED HELP Become a Producer Company Store Contact Us Have an Agent Contact Me Find a Dentist Privacy Policy © 2021 ManhattanLife HIPAA Privacy Policy ManhattanLife is the brand name for plans, products, and services provided by one or more of the subsidiaries and affiliate companies of Manhattan Life Group Inc. (“ManhattanLife Entities”). Plans, products, and services are solely and only provided by one or more ManhattanLife Entities specified on the plan, product, or service contract, not Manhattan Life Group Inc. Not all plans, products, and services are available in each state. Coverages may be underwritten by the ManhattanLife Entities which consist of The Manhattan Life Insurance Company, Family Life Insurance Company, ManhattanLife Assurance Company of America, ManhattanLife of America Insurance Company, Western United Life Assurance Company, Standard Life & Casualty Insurance Company, and Western Skies MGU. The purpose of this communication is the solicitation of insurance. Contact may be made by the companies listed or one of our agents. The information contained on this Web Site does not constitute investment advice, and is not an offer to sell or a solicitation to buy any security or any insurance product. All insurance and/or securities transactions require signed agreements between the companies of Manhattan Life Group and its customers, and the terms of those agreements are binding on the parties. No other representation, whether made in person, online, electronically, in written, graphical, or verbal communication, may alter the terms of those agreements except that your use of this Web Site constitutes your agreement to the additional Terms of Use applicable to such use. Some products may not be available in all jurisdictions. In addition, any prospectus information available on this Site is posted for informational purposes only. Learn more OK SETTINGS