Everything you need to know about insurance basics, like coverage types, limits, cost and more.
Simplified Term Life Insurance Options
A quick application process, no medical exam (only a handful of health questions to help determine eligibility) and coverage that can be affordable — that’s life insurance you can get on board with. Having life insurance is an important step in protecting your loved ones’ financial future — and that’s a big deal. But, it doesn’t have to be a big deal to get life insurance coverage. We've got you covered with DreamSecure Simplified Term Life Insurance and DreamSecure EasyProtect Term Life Insurance.
Simplified Term Life Insurance
Simplified term life insurance is an uncomplicated type of life insurance because it doesn’t require a medical exam or as many health questions as other types of life insurance. This means you can apply to get life insurance faster because you don’t have to wait for exam results or go through a lengthy questionnaire about your health.
DreamSecure Simplified Term Life Insurance
Dream Secure Simplified Term Life Insurance can be a great policy for most ages if you’re looking for a lower coverage amount. It offers a simplified application process with coverage options to fit most budgets. So, for a millennial with a new family and mortgage, or a soon-to-be empty nester wanting to protect your spouse’s ability to retire, DreamSecure Simplified Term Life Insurance offers a no-nonsense way to help financially protect the future of those who matter most to you.
Watch this quick video below to learn more about DreamSecure Simplified Term Life Insurance.
We get it.
Life insurance isn't always easy to wrap your head around.
That's why we created DreamSecure Simplified Term Life Insurance, a quick and easy way to take steps to prepare for tomorrow while finding the peace of mind to truly live your life today.
What's unique about American Family Life Insurance Company's Simplified Term Life Insurance is that no medical exam is required.
To apply, simply answer a few health questions from the comfort of your home or by calling an agent.
And if approved, your policy could be issued within 10 business days.
Pretty convenient, right?
DreamSecure Simplified Term Life Insurance offers a simplified application process with coverage options to fit most budgets. This coverage offers temporary protection available in 10-, 15-, 20- or 30-year terms.
If you were to pass away within the policy term, your beneficiary will receive the policy proceeds. The beneficiary can use the proceeds from a life insurance policy for anything.
Many people find it helpful for things like paying off a mortgage, paying off outstanding credit card or loan debt, maintaining a current lifestyle, and covering final expenses like funeral costs.
Remember, your life insurance premium, which is the amount you pay to stay covered, is partly based on your age. So the sooner you act, the sooner you may be able to take advantage of a lower premium.
Does DreamSecure Simplified Term Life Insurance sound right for you?
Visit AmFam.com/life to learn more.
Then, connect with an American Family Insurance agent who can help you explore your options and ensure you're carefully protecting those who matter most.
Easy application process
Many life insurance applications can be rather lengthy, and it can take a while to get approved. But, it’s easy to apply for a DreamSecure Simplified Term Life Insurance policy. You can apply from your home or in your agent’s office, and there are only about a dozen questions to answer. If approved, your policy will be issued within 10 business days for most applicants. Check out the life insurance buying process so you can see how simple it can be to financially protect the ones who matter most.
No medical tests
Some life insurance policies require a physical exam, but DreamSecure Simplified Term Life Insurance requires only a few health questions to help determine eligibility.
Multiple term life coverage options
DreamSecure Simplified Term Life Insurance is available in 10-, 15-, 20- and 30-year terms with coverage ranging from $50,000 to $150,000. Your premium is guaranteed to stay the same for the length of the term you choose.*
Customize Your Policy
American Family Life Insurance Company offers an additional coverage option that you can add to build a life insurance policy that suits your needs. The Premium Waiver for Disability Benefit Rider is available for an additional cost and waives premiums if the insured becomes totally disabled.**
In addition, each policy automatically comes with an Accelerated Death Benefit option (to be added at time of need). This benefit allows the policyowner to collect a part of the death benefit under certain conditions if the primary insured is diagnosed with a terminal illness.***
Why Get DreamSecure Simplified Term Life Insurance Now?
Your life insurance premium is based, in part, on your age. So the sooner you act, the sooner you may be able to take advantage of a lower premium. And, because your health is also a large factor in determining your qualification for life insurance, you’ll want to purchase life insurance while you’re in good health.
Although your life may be busy, now is a great time to take steps to build a financially secure future. Your American Family Insurance agent is ready to help you explore DreamSecure Simplified Term Life Insurance or other options, so you can confidently pursue your dreams knowing you’ve taken steps to financially protect your loved ones’ future.
DreamSecure EasyProtect Term Life Insurance
Created for busy American Family Insurance customers, Dream Secure EasyProtect Term Life Insurance is designed with your needs in mind. With a simple application, and a quick decision process, you won’t waste time waiting to hear if you qualify or not.
Why choose DreamSecure EasyProtect Term Life Insurance?
We make it easy to apply for DreamSecure EasyProtect Term Life Insurance. Here’s how:
- Simple application process. No phone interviews or lengthy questionnaires.
- Quick decision. Most customers can get a decision within an hour!
- No medical exam required. Just a few health questions in the application to help determine eligibility.
Before you apply, you must have a qualifying event.
What Are the Qualifying Events?
A qualifying event is a window of opportunity for you to apply for DreamSecure EasyProtect Term Life Insurance****:
- New policy purchase. If you’ve purchased an eligible new policy from American Family Insurance (excluding commercial and life policies) you may be eligible to apply. This opportunity is only available for 30 days after your eligible policy purchase.
- Your birthday. If you already have an eligible American Family Insurance policy (excluding commercial and life policies), you may apply for a DreamSecure EasyProtect Term Life Insurance policy within the 30 days leading up to your next birthday.
Protection to Fit Your Needs
DreamSecure EasyProtect Term Life Insurance gives you the option of 10-, 15-, or 20-year terms and coverage amounts from $150,000 to $750,000, depending on your age. Plus, no matter the length of term, your premium stays the same.
This is a brief description of coverage and is subject to policy and/or rider terms and conditions which may vary by state. Fixed and guaranteed premiums are statements about the policy as determined at issue, and any changes made to a policy may affect the premium and are subject to our underwriting rules.
*After the initial term, DreamSecure Simplified Term Life Insurance may be renewed annually with increased premiums up to the policy anniversary on or after the primary insured’s 95th birthday.
**Subject to rider terms and conditions.
*** Exercising the Accelerated Death Benefit option may have tax consequences and could impact qualification for government benefits.
**** In order to apply for a DreamSecure EasyProtect Term Life Insurance policy, a customer must have purchased an eligible underlying policy underwritten by American Family Mutual Insurance Company, S.I., American Family Insurance Company, American Standard Insurance Company of Wisconsin, or American Standard Insurance Company of Ohio within the last 30 days. Existing customers with an eligible policy must apply within 30 days prior to their birthday. Contact an agent for information about eligible policies.
Policy Forms: ICC18-36 (10), ICC18-36 (15), ICC18-36 (20), ICC18-36 (30), L-36 (10)(ND), L-36 (15)(ND), L-36 (20)(ND), L-36 (30)(ND), L-36 (10)(SD), L-36 (15)(SD), L-36 (20)(SD), L-36 (30)(SD), ICC22 L152 MS 06 22, L152 ND 06 22, L152 SD 06 22
Rider Forms: ICC18-WP (TERM), L-WP (TERM), L-WP (SD)(TERM), ICC17-ACDB TERM, L-ACDB TER