IncomeSense is declining term life insurance that provides monthly payments to your family — should something happen to you. Designed to be different than other life insurance, IncomeSense provides monthly payouts, rather than one lump sum, for the life of the policy. Not only can this approach be better customized to your family’s financial needs (monthly expenses, college savings, mortgage payments, etc.), it can be less expensive than traditional life insurance because you buy only as much coverage as you need. Most important, the process is easy – no medical exams and no pressure to buy. Discover how sensible it can be to help safeguard the financial future of your loved ones in the event of your absence with guaranteed monthly income.
How does income replacement life insurance work? A sensible video explains it all.
Applicant Age(s) | ||||||||
---|---|---|---|---|---|---|---|---|
Coverage Period | 20-34 | 35-39 | 40-43 | 44 | 45-49 | 50 | 50-51 | 52-55 |
To Age 65 | $5,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,099 | |
30-yr term | $5,000 | |||||||
25-yr term | $6,000 | $6,000 | ||||||
20-yr term | $7,000 | $7,000 | $7,000 | $7,000 | ||||
15-yr term | $9,000 | $9,000 | $9,000 | $9,000 | $8,500 | $7,000 | ||
10-yr term | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $7,099 | $7,099 | $7,099 |
1Maximum coverage amount varies from $5,000 up to 10,000 per month dependent on your age and policy duration. See 'How much coverage can I get?' FAQ for additional information.
IncomeSense income benefit individual decreasing term life insurance policy series ICC20 2006-4003-W WSA, ICC20 2006-4003-R WSA distributed by Gerber Life Agency and issued by Western-Southern Life Assurance Company (Western & Southern Life), Cincinnati, OH, which operates in DC and all states except NY. Both are members of Western & Southern Financial Group. Issuer has sole financial responsibility for its products. Policy approval and actual rates will be based upon the underwriting process, including but not limited to, additional information provided on the application. Product and feature availability, as well as benefit provisions, may vary by state. Gerber Life is a registered trademark. Used under license from Société des Produits Nestlé S.A. and Gerber Products Company. In the State of California, Gerber Life Agency, LLC is known as and does business as Gerber Life Insurance Agency, LLC. A.M. Best A+ Superior Rating: Superior ability to meet ongoing insurance obligations (second highest of 13 ratings; rating held since June 2009) Ratings are subject to change from time to time. The ratings shown here are correct as of 6/24/2022.