Haven Term: Comprehensive Coverage for Long-Term Peace of Mind
- Medically underwritten term life insurance
- Comprehensive coverage with amounts up to $3 million
- Available terms of 10, 15, 20, 25, and 30 years
- Includes Haven Life Plus, providing access to additional benefits
- Digital application process
- Tax-free lump sum payout
- Issued by either MassMutual or C.M. Life
Life is full of uncertainties, but with the right life insurance policy, securing your family's future doesn't have to be one of them. Haven Term, offered by Suriance in partnership with Haven Life, is a medically underwritten term life insurance policy designed to provide comprehensive coverage and long-term peace of mind.
The Haven Term Advantage
Haven Term is issued by either MassMutual or C.M. Life, ensuring that your policy is backed by industry leaders with a proven track record of financial strength and claims-paying ability.
One of the standout features of Haven Term is its comprehensive coverage. With coverage amounts up to $3 million and available terms of 10, 15, 20, 25, and 30 years, Haven Term provides a level of flexibility and security that is hard to match.
The Haven Term policy also includes Haven Life Plus, a rider that provides access to additional benefits like a digital will and an annual fitness app membership, at no extra cost. This feature is available in all states except FL, NY, ND, SD, and WA.
Key Facts about Haven Term
| Key Feature | Description |
|---|---|
| Product Type | Medically underwritten term life insurance |
| Issued By | MassMutual or C.M. Life. |
| Application | Digital |
| Medical Exam | Likely, but not in all cases |
| Availability | Nationwide |
| Age Eligibility | Up to 64 |
| Coverage Amounts | Up to $3 million |
| Available Terms | 10, 15, 20, 25 and 30 years |
| Payout | Tax-free lump sum |
| Haven Life Plus | Included in all states except FL, NY, ND, SD, and WA |
| Additional Features | Level premiums, Accelerated death benefit, Paperless processing, No Obligation Free Look Period |
Comparing Haven Term to Other Policies
Compared to Haven Simple and Haven Secure, Haven Term stands out for its comprehensive coverage and additional benefits. While Haven Simple offers a simplified, no-exam application process, Haven Term provides higher coverage amounts and longer term options, making it a better choice for those seeking more substantial coverage.
On the other hand, Haven Secure offers a unique income replacement decreasing term, which provides a steady monthly payout to your loved ones for up to 30 years. While this is a great feature, it may not be necessary for everyone. If you're looking for a more traditional, lump-sum payout with the added benefits of Haven Life Plus, Haven Term is the way to go.
In conclusion, Haven Term is a robust, flexible, and comprehensive life insurance policy that offers long-term peace of mind and additional benefits that enhance your quality of life. It's the perfect choice for those who want more from their life insurance policy.