Fidelity Life

• Many Insurance Policy Options
• Policy Rider Selection
• No Medical Exam Required

Many Insurance Policy Options

Fidelity Life offers customers a lot of insurance options including term, whole, and final expense life insurance.

Fidelity Life offers three primary options for term life insurance that have a level premium throughout the term:

• RAPIDecision ® Life
• RAPIDecision ® Express
• RAPIDecision ® Senior Life Term

RAPIDecision ® Life is a term policy that offers a death benefit value up to $1,000,000. It combines regular term life insurance coverage and an increased death benefit for accidental death coverage. This policy has a very quick approval process.

RAPIDecision ® Express provides standard term life insurance coverage with coverage between $25,000 and $100,000. It has a quick approval process, no medical exam, and offers term periods of 10, 15, 20, and 30 years. Premiums remain level throughout the term. If you choose to, you can renew your policy until age 94. You'll pay increased premiums when you renew.

RAPIDecision ® Senior Life Term is a term life insurance policy designed for people age 50 to 70. The death benefit amounts available are between $10,000 and $150,000. Term lengths offered are 10, 20, and 30 years. The coverage amount and length that you can purchase is determined by age. The full death benefit is available after three years through the end of term. Premiums remain level throughout the term of the policy.

Fidelity Life offers one whole life policy for people 50-85 years old. RAPIDecision ® Senior Whole Life offers death benefit amounts of $10,000 to $150,000. The availability of these amounts varies depending on age and health of the insured. The full death benefit is available after year three.

Fidelity Life also offers final expense insurance. It’s RAPIDecision ® Final Expense policy offers death benefit amounts of $5,000 to $35,000 to individuals between the ages of 50 and 85. There is no waiting period once you're approved for the policy.

The life insurer also offers RAPIDecision ® Guaranteed Issue. It is another final expense insurance policy that comes with level premiums and a benefit amount up to $25,000. Like, RAPIDecision ® Senior Whole Life, the full death benefit is available after year three.Final expense insurance can help your beneficiaries maintain financial stability by covering funeral expenses.

Policy Rider Selection

Fidelity Life offers several riders that you can add to your life insurance policy. Not all riders are available with each life insurance product. Available riders include:

• Accidental death benefit
• Family accidental death benefit
• Accelerated death benefit
• Child
• Inflation
• Return of premium insurance

Accidental death benefit riders provide an increased payout if the insured dies in an accident. The family accidental death benefit rider offers coverage for your family members if they pass away in an accident.

The accelerated death benefit rider allows you to access some of the death benefit if you are diagnosed with a terminal illness.The child rider allows you to add coverage for your children between 15 days old and 18 years old. Coverage ends when your policy ends or your child turns 23.

The inflation rider ensures that the value of your policy's coverage amount today matches its future value regardless of inflation. This rider makes Fidelity Life stand out from other insurers and adds nice financial protection to your insurance policy.

A return of premium rider is usually only for term life insurance. If a claim isn't made on the policy, you can get your premium payments back once the term is over or if you cancel your insurance policy. Fidelity Life's return of premium rider can be used after you've had the policy for five years.

No Medical Exam Required

Most of Fidelity Life’s plans do not require a medical exam as part of the underwriting process. There are some cases when Fidelity Life will request one to clarify certain medical conditions reported. However, in general, applicants only need to answer health questions for medical underwriting.

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• Products Not Available Everywhere
• No Variable or Universal Life Insurance
• More Expensive Rates

Products Not Available Everywhere

Fidelity Life is licensed in Washington, D.C. and every U.S. state except Wyoming and New York. Additionally, its products may not be available in every state it operates in. If you're interested in becoming a policyholder, you should contact Fidelity Life directly to learn more specific information about products available and life insurance rates.

If you live in Wyoming or New York, you'll need to find another life insurance company. If the Fidelity Life insurance policy you want isn't available in your area, you may also need to consider other coverage options or find a different insurance provider.

No Variable Or Universal Insurance

While Fidelity Life does offer term, whole, and final expense life insurance options, it does not provide universal or variable life policies. Customers interested in those kinds of permanent policies should consider other insurance company.

More Expensive Rates

If you buy Fidelity Life insurance, you should anticipate paying higher premiums.

Most insurance providers that do not ask for a medical exam as part of the underwriting process also have higher rates than companies that offer fully-underwritten policies.