TEN YEAR RENEWABLE CONVERTIBLE TERM LIFE INSURANCE
PREMIUM CALCULATION INSTRUCTIONS:
- Click on the link below to get a rate table in pdf format, find your age in the columns marked “Issue Age”
- Move across that row until you reach your sex and nicotine use designation: (i.e., Male Nonsmoker, Male Smoker, Female Nonsmoker, Female Smoker)
- Multiply the resulting dollar value per $1,000.00 by the number of thousands of face value coverage that you desire
- Add $50 to the resulting amount
- This is your annual premium
Click for: RATES
PREMIUM MODE CALCULATION OTHER THAN ANNUAL:
- Monthly Premium Payments – multiply the annual premium calculated above by .09.
- Quarterly Premium Payments - multiply the annual premium calculated above by .265.
- Semi-Annual Premium Payments - multiply the annual premium calculated above by .52
FOR COVERAGE: HAVE PROVIDENCE COMPLETE AND PROCESS AN APPLICATION FOR YOU: (Contact Us)
TO SUBMIT A PRELIMINARY APPLICATION:
- Click the Forms and Applications link on the left.
- Print off a Life Application.
- Fill it out by printing or typing (do not hesitate to leave portions blank; they can be explained to you during the formal application process).
- On the right side of the first page, write the type of insurance you would like and the face value – i.e. Amount of Insurance.
- Answer No to the Riders and simply add the premium amount you calculated and the associated mode (frequency – monthly, annually, etc.) that you have elected.
- Mail the application to us: the address appears above.
- You are also encouraged to communicate with your local branch secretary or with one of our Local Agents to which you can link from the left.
- Someone will communicate with you in order to finalize the process, to obtain additional information and to finalize the application.
CALL OR EMAIL PROVIDENCE
Toll free: 1.877.857.2284