|
Attributes
 |
Term Life
|
Return of Premium
|
Whole Life Insurance
|
|---|---|---|---|
|
Length of Term
|
Usually 15, 20, or 30 years
|
Usually 15, 20, or 30 years
|
Lifetime benefits as long as premiums are paid
|
|
Cost
|
Lowest cost
|
Low cost
|
Higher cost
|
|
Cash Value
|
None, unless insured dies
|
All premiums returned at end of term if not used
|
Increases and grows with time – shows on your balance sheet
|
|
Tax benefits
|
not taxable
pay no taxes on death benefit
|
not taxable
pay no taxes on death benefit
|
not taxable
pay no taxes on death benefit
|
|
Can I borrow against the value?
|
No
|
No
|
Yes
|
Independent Insurance Brokers LLC has been in the insurance business for 20 years. We love to meet new people and help them find solutions that will help them and their loved ones.
Independent Insurance Brokers LLC takes the guesswork out of insurance planning by providing a money-back feature for your life insurance through Illinois Mutual Life Insurance Company, which has been in business for 100 years.
Life insurance helps to ensure that if the unexpected happens, your loved ones will have the funds to help cover expenses, maintain their standard of living, and keep their plans for the future intact. You can experience peace of mind knowing your family is protected from the unexpected, and you will receive the return of your premiums at the end of the term if nothing does happen!
Exceptional Customer Service
Years of Serving Texas and Southwest America
30+ Products Available in 47 States
500+
Family-Owned Responsibly Operated
Return of Premium Life Insurance. A lump sum of money comes in 20 years or 30 years, your choice. This lump sum is a tax-free endowment, a return of all your monthly premiums for the entire 20 or 30 years. No medical exam is required!
You are protected by a life insurance policy for $100,000, $150,000, or $249,499 for the entire period until all your premiums are returned. Higher protection is available with a rider on your policy.
Are you paying for term life insurance but regret the monthly cost because when the term expires you will have nothing? With a return of premium policy from Independent Insurance Brokers LLC, you will receive all your premiums back.
Are you trying to save for a long-term goal, but you find yourself using your savings every time an urgent expense surprises you? With the return of premium policy from independent insurance brokers LLC, your monthly premium will continue, and your account will be preserved for you until the date you select at the beginning.
That sounds like a perfect solution for many of your concerns!
You know several things you should be saving up for, but the urgent demands of today prevent you from important savings for your important priorities and goals. You might want to save for retirement, college, a home, or for an important life goal.
You’re concerned about providing for someone if something should happen to you. How would they replace your income? What about the mortgage in the house? College funds? Do you feel you don’t have enough income to cover both savings and protection?
Some people are hesitant to get a medical exam. There is no medical exam required if you are under 60 and you select the policy coverage of less than $250,000.
To discover what your monthly premium would be for $100,000, $150,000, or $249,999 for 20 or 30 years, fill in your name, age, and the state you live in below. We’ll send you an email with what your monthly premium would be.
Your phone number is optional. If you have questions for us, call one 800, or put your phone number below to receive a friendly call and have your questions answered.
There is no pressure or hype at Independent Insurance Brokers LLC. We want to help you if it is beneficial for you or your loved ones. We are an easygoing group whose interest is in serving others.
God bless you!
"I am 50 plus. I was able to get a return of premium policy in the amount of 249,999 and no medical exam was required, and I got it at a very low price. This gave me security that if anything happens to me my wife could pay off the mortgage or any other bills, and if we I don't use it we get all of my money back. When i received my policy everything they promised was in the policy. If I don't use it I will have $54,000.00 that will assist with my retirement. Thank you, Independent Insurance Brokers for making a difference with offering me and my family security. Thank God for this marvelous plan."
"I was able to purchase a return of premium policy with a 30-year term for my daughter at a very low rate. There was no medical exam required, and if we don't use the insurance, we get all of the money back and she has a saving account for her future. Thank you, Independent Insurance Brokers - I could never imagine getting insurance free, and if she doesn’t need to use it I get all of my money back and having a saving account for her future."
"I am a Bishop, and my wife is a doctor. We are over 50 years of age and we had several polices for several years that we were paying too much money, for the face amount we received. Independent Insurance Brokers LLC had one its financial advisers review all of our polices. He proposed a plan that saved us almost $10,000.00 per year and provided the same coverage. In addition, we also purchased a return-of-premium policy for my husband. If he does not use it, we get $175,000 (all our premiums) back. That will assist with our retirement, plus we have protection with the face amount to pay off all of our debt if one of us should pass away. This secures our future. Thank you, Independent Insurance Brokers!"
Find out what your monthly investment would be for coverage and protection.
Get a personalized quote on both premiums and what your Return of Premium would be.
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