Peace of Mind for You and Your Family
With Life Choice® you can apply for up to $25,000 of permanent life insurance to help protect your family, during a difficult time. Your life insurance benefit can be used in any way – to help pay for funeral expenses, unpaid medical costs, loan balances, credit card bills, or mortgage and tuition payments.
Please consider that even if you already have life insurance, you may still be underinsured. Inflation may have cut its value, so the insurance you bought even a few years ago may not be enough. Click here for details on benefits, costs and limitations.
No Medical Exam
You will not be required to take a medical exam to apply for this coverage. Your answers to a few health questions will help determine your eligibility.
Lifetime Protection That Builds Cash Value
This is permanent, whole life insurance that builds cash value after the first year. Plus, once your policy is issued, your rate is locked in for life.
This is permanent whole life insurance. Coverage will become effective on the day your application is approved. Once insured, your coverage cannot be cancelled, as long as you pay your premium. After your first year of coverage, your insurance begins to accumulate cash value. You can borrow against your cash value at a guaranteed interest rate. Your benefit will never decrease and your rate will never increase, regardless of any changes in your age or health. The benefit paid for suicide during the first two years is limited to the return of premiums paid, plus interest.
Available coverage amounts vary by age. If you are 65 or under, you can choose $5,000, $10,000, $15,000, $20,000, or $25,000.
If you are age 66 or older, you may choose $5,000, $10,000, or $15,000.
This coverage is available for males, ages 50 - 73 and for females, ages 50-75.
Bankers Conseco Life Insurance Company
350 Jericho Turnpike
Jericho, NY 11753
399 Market Street
Philadelphia, PA 19106-2181
Individual Policy Form Series 15-82-001
Maximum amount of insurance is subject to company guidelines.