February 2013
Dear Community Members,
The Central Board has reached a consensus to reach out to individuals, in particular those with a loan or a mortgage, and companies hiring traveling sales people to consider purchasing Term Life Insurance. We are aware that a lot of us may already have life insurance coverage. Our request applies to individuals and specifically to corporations with traveling sales people lacking such coverage for their employees.
It is possible to purchase term policies at very affordable rates which can be locked for an extended period of time. As an example, a One Million dollar policy for an individual 30 to 40 years old, non-smoker, costs approximately $500-700 annually. This rate can be locked for 20 years with no increase. Acquiring such policies can be a family life saver in emergencies.
Sincerely,
UMJCA
Central Board
December 2012
Dear Community Members,
The Central Board has reached a consensus to reach out to individuals, in particular those with a loan or a mortgage, and companies hiring traveling sales people to consider purchasing Term Life Insurance. We are aware that a lot of us may already have life insurance coverage. Our request applies to individuals and specifically to corporations with traveling sales people lacking such coverage for their employees.
It is possible to purchase term policies at very affordable rates which can be locked for an extended period of time. As an example, a One Million dollar policy for an individual 30 to 40 years old, non-smoker, costs approximately $500-700 annually. This rate can be locked for 20 years with no increase. Acquiring such policies can be a family life saver in emergencies.
Sincerely,
UMJCA
Central Board
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