Term 80 insurance is designed for buyers who anticipate needing life insurance coverage for a long time but cannot afford a permanent policy, and is also well suited for situations where low-cost insurance is needed – such as coverage for young families or new businesses.
The design of Term 80 allows you to convert your term life insurance policy to permanent insurance without providing further evidence of insurability. Term 80 has the longest conversion period of all our term insurance products.
Northwestern Mutual provides life insurance solutions of all types to fit your varying needs.
Death Benefit
Provides a death benefit to age 80.
Conversion Rights
May be converted to a permanent single life insurance plan without additional proof of insurability.*
*See policy for specific details on age ranges, partial conversions rights and minimum amount requirements.
Premiums
Premiums are payable for the entire coverage period. Scheduled premiums start out low, increase annually, and are guaranteed for the first five years of the policy. After five years, they may increase above the scheduled rates, but not beyond the guaranteed rates specified in your contract.
Specifications
Issue Ages: 18-65
Minimum Policy Size: $100,000
Optional Policy Benefits
Waiver of Premium
Indexed Protection Benefit
Indexed Protection Waiver
The design of Term 80 allows you to convert your term life insurance policy to permanent insurance without providing further evidence of insurability. Term 80 has the longest conversion period of all our term insurance products.
Northwestern Mutual provides life insurance solutions of all types to fit your varying needs.
Death Benefit
Provides a death benefit to age 80.
Conversion Rights
May be converted to a permanent single life insurance plan without additional proof of insurability.*
*See policy for specific details on age ranges, partial conversions rights and minimum amount requirements.
Premiums
Premiums are payable for the entire coverage period. Scheduled premiums start out low, increase annually, and are guaranteed for the first five years of the policy. After five years, they may increase above the scheduled rates, but not beyond the guaranteed rates specified in your contract.
Specifications
Issue Ages: 18-65
Minimum Policy Size: $100,000
Optional Policy Benefits
Waiver of Premium
Indexed Protection Benefit
Indexed Protection Waiver