Credit Life Insurance

• Premier Term Life: This term life product is individually underwritten; your premium is based on personal factors. The plan offers one-, five- and ten-year renewable plans in the amount of $75,000 and up. This coverage is guaranteed renewable as long as you pay the insurance premiums. Your medical exam is paid for or provided by the insurance carrier! Your coverage can continue even after payment of your AgTexas loan.
• Advantage Term Life: This insurance product offers ten- and twenty-year premium guarantee premiums on policies of $100,000 or more. It offers a Disability Waiver of Premium and can be converted to a permanent insurance coverage within the initial premium guarantee period or prior to age 65. This coverage is also eligible for continuance after payment of your AgTexas loan.
• Loan Protection Life: Choose the amount of insurance you need to provide coverage for loan balances owed. Renewal options include both level and decreasing coverage, depending on your loan type. In most circumstances, no medical examination is required for this coverage, only the completion of a health questionnaire. Optional Disability Coverage provides additional protection if you’re under age 60 and become totally disabled for more than 90 days.  The disability coverage will help you make your loan payments for up to three years!