CBIA Term Life just got better with the Automatic Increase Benefit (AIB) - Mar.2010

Effective March 15, 2010, eligible clients will be entitled to a new built-in Term Life insurance benefit that provides annual face amount increases without proof of continued good health.

The Automatic Increase Benefit (AIB) automatically increases your insurance protection by an amount equal to 10% of your original face amount each year, for up to 10 years, without additional medical evidence. This means that you could double your coverage (subject to certain age and total amount limitations).

The Automatic Increase Benefit is a unique feature to CBIA and is designed to help protect you against the impact of inflation as well as any changes to your health that could prevent you from purchasing more life insurance in the future.

If you already have term life coverage with CBIA, you may be eligible to add this new feature to your existing coverage. Contact your CBIA Authorized Sales Representative to discuss your eligibility.

For additional information on CBIA Term Life and the Automatic Increase Benefit, click here.