Term Plans

The most affordable type of life insurance.

Term insurance is designed for a temporary period of time and is the most affordable type of life insurance. This type of life insurance makes sense if you have financial needs that will diminish over time, such as a home mortgage or college tuition for your children. This type of insurance has no cash value, only a guaranteed death benefit. Learn more about the different types of term insurance below.

20 Year Level Term

Issue Age: 20-50

  • The coverage amount is established at issue and remains level for the life of the certificate.
  • Premiums remain level for 20 years.
  • A preferred nonsmoker risk class is available only for face amounts of $100,000 and up.
  • Guaranteed conversion – at any time you may convert all or part of your insurance (the same amount or lower) to any PNA permanent policy without a medical exam up to the age 70.
  • The plan is renewable at the end of the 20-year term period. Guaranteed Renewal – once you qualify, no future medical exam is required. Your renewal is guaranteed to age 95 (to age 80 in New York).

Eligible Riders

  • Disability Waiver of Premium (20-64)
  • Accidental Death Benefit (20-69)

10 Year Term

Issue Age: 20-60

  • The coverage amount is established at issue.
  • The current premium rate is designed to remain level over each ten-year period and Death Benefit remains level.
  • A preferred nonsmoker risk class is available only for face amounts of $100,000 and up.
  • Guaranteed conversion – at any time you may convert all or part of your insurance (the same amount or lower) to any PNA permanent policy without a medical exam up to the age 70.
  • Guaranteed Renewal – once you qualify, no future medical exam is required. Your renewal is guaranteed to age 95 (to age 80 in New York).

Eligible Riders

  • Disability Waiver of Premium (20-64)
  • Accidental Death Benefit (20-69)

Read about our plan rider benefits

Student Term to Age 25 Plan

Issue Age: 0-23

  • This plan is available to applicants between ages of 0 – 23.
  • The premium rates for each $10,000 of the face amount is $15 per year for both a male and a female.
  • Plan can be converted to permanent insurance before age 25.
  • The insurance coverage expires at age 25.
  • Renewable up to 25
  • Convertable up to 25

Eligible Riders

  • N /A

Plan does not qualify for subsidies and scholarship program.