John, 38, and Elizabeth, 34, both work outside the home to provide the best way of life for their family. They live in an affluent, family-friendly neighborhood — minutes from good schools and the grandparents. They have 23 years remaining on a $500,000 mortgage loan. These working parents would like to raise their family in their current home, even in the event of a premature death. To help protect their investment, John and Elizabeth each need 23 years of life insurance coverage, but don’t want the increased cost of a 30-year policy.

The Solution
With AG Select-a-Term^SM, John (Standard Plus) and Elizabeth (Preferred Nontobacco) can each purchase a $500,000 face amount policy for 23 years. Their annual premium would be $669 and $379, respectively — a combined savings of $330 per year, $7,590 total over 23 years, for the couple when compared to the cost of a 30-year plan.¹

The cases presented are not actual and are for illustrative purposes only.
¹ Premium rates current as of November 16, 2009; rates may vary by state. Premiums available for other rate classes, ages and payment plans. Premium charges depend on evidence of insurability. Premiums increase at the end of the guaranteed term if policy is renewed. Death benefit remains level. The policy may be contested for two years from date of issue for material misstatements or omissions on the application. Policy is limited to return of premium paid in the event of suicide within first two years.