SwiftTerm® life insurance
Affordable coverage made easy
SwiftTerm is affordable term life insurance that's fast, easy and online.
It starts with the expertise of a qualified insurance professional who can help determine if it’s right for you. Then you can apply online, whenever and wherever you want.
Why term life insurance?
Term life insurance helps protect the people who depend on you financially. It can be used to cover mortgage payments, tuition, medical bills and other expenses after you’re gone.
Already a SwiftTerm customer?
Log in to file a claim, make a payment or withdrawal, or update your info.
Why SwiftTerm?
It's fast
An online process means coverage in as little as 18 minutes.1
It’s affordable
For about the cost of a typical tank of gas, you can have coverage to protect your family.
It's easy
Your application, quote, payment and policy are all online.
How it works
Your insurance professional starts the application. Then you get a link to finish the rest.
- Complete the application.
- Accept our offer and pay online.
- Your coverage starts right away.
Three possible paths to coverage
Most people will be approved on the spot or within three days. In some cases, it may take a little longer.
Instant coverage
If you qualify, you can be approved right away and have coverage in as little as 18 minutes.1
Accelerated underwriting
Sometimes we need a little more info. This can take one to three days.
Full underwriting
We may need to request a medical exam and more details. This can take up to 30 days.
Fact sheet
Key advantages
- Financial protection for your family
- Quick and easy online application process
- Affordable, predictable premiums
- Customizable to fit your needs
- Flexibility if your needs change
Product basics
Term periods
- 10, 15, 20 or 30 years
Policy size
- $100,000–$5 million2
Minimum issue age
- 20 years old
Maximum issue age by term
- 10-year term: 60 years old
- 15-year term: 60 years old
- 20-year term: 60 years old
- 30-year term: 55 years old (Non-Nicotine) or 50 years old (Nicotine)
Rate classes
- Super Preferred Non-Nicotine
- Preferred Non-Nicotine
- Standard Non-Nicotine
- Preferred Nicotine
- Standard Nicotine
Level premiums
- Premiums are guaranteed not to change for the coverage term period.
Renewals
- After the term period expires, the policy will automatically renew at annually increasing premiums until you are 95 years old, unless you cancel it.3
Features and benefits
Included:
- Accelerated Death Benefit for Terminal Illness
- Up to 75% of the policy’s death benefit ($500,000 maximum) can be accessed in advance if a licensed physician certifies that you are terminally ill with less than 12 months to live. The benefit is paid to you in a lump sum.
- There are no restrictions on the use of proceeds of this accelerated death benefit.
Optional (for additional cost):
- Accidental Death Benefit Rider4: If your death is accidental, this rider provides an additional death benefit of up to $250,000.
- Children’s Term Life Insurance Rider5: This rider provides $1,000 to $10,000 of life insurance coverage on dependent children ages 15 days through 17 years. The benefit is paid if death occurs prior to age 23.
- Waiver of Premium Rider6: This rider waives policy premiums and continues coverage if you are totally disabled for a consecutive period of at least six months.
Conversions
You can request to convert your SwiftTerm policy to a permanent policy that we offer in your state of residence. Conversions may be requested prior to the end of the 10th policy anniversary or the policy anniversary following your 70th birthday, whichever is earlier.
Questions?
Navigating life insurance can be complex, but we're here to make it easier.
Symetra SwiftTerm is a term life insurance policy issued by Symetra Life Insurance Company, 777 108th Avenue NE, Suite 1200, Bellevue, WA 98004. Policy form number is ICC20_LC1 in most states. Not available in all U.S. states or any U.S. territory.
Policy riders are not available in all states, and terms and conditions may vary by state in which they are available. Where available, they are usually issued under the following form numbers: Accelerated Death Benefit for Terminal Illness form number ICC20_LE5, Accidental Death Benefit Rider form number ICC20_LE2, Children's Term Insurance Rider form number ICC20_LE3 and Waiver of Premium Rider form number ICC20_LE4.
A rider is a provision of the policy that may have additional costs, limitations, potential benefits and features that should never be confused with the base policy itself. Before evaluating the benefits of a rider, carefully examine the policy to which it is attached.
Life insurance policies contain exclusions, limitations, reductions of benefits and terms for keeping them in-force. Please contact your insurance professional for complete details.
Guarantees and benefits are subject to the claims-paying ability of Symetra Life Insurance Company.
Certain benefits or riders may have tax implications. Consult with your legal or tax professional prior to purchasing.
Policy rider availability may vary by distribution partner.
Although proceeds of life insurance are generally received income-tax-free by beneficiaries, estate and local taxes may apply. Consult your attorney or tax professional for more information.
Conversion to a permanent product may not be available in all states. Conversion is also not available if an accelerated death benefit was exercised on the policy.
This is not a complete description of the Symetra SwiftTerm policy. For a more complete description, please ask your insurance professional.
SwiftTerm® is a registered service mark of Symetra Life Insurance Company.
1 Depending upon your answers during the application process, you may travel down one of three underwriting paths –instant coverage, accelerated underwriting or full underwriting. The typical coverage turnaround time is about 18 minutes for instant coverage, 24-72 hours for accelerated underwriting and 30 days for full underwriting.
2 For policy amounts over $3 million, the following underwriting paths are available: "instant coverage" for ages 26 to 49 (Non-Nicotine only), "accelerated underwriting" for ages 20 to 49 (Non-Nicotine only), and "full underwriting" for ages 50 to 60 and Nicotine users ages 20 to 50.
3 The premium paying period will continue until age 95 if you choose to continue payments beyond your initial level term period.
4 The Accidental Death Benefit Rider is available for issue ages 20-55 and pays an additional death benefit upon satisfactory proof that you (the insured) died accidentally. You must have died within 180 days from the date of the accident. The minimum amount is $5,000, and the maximum amount is $250,000.
5 The Children’s Term Life Insurance Rider is available for insured issue ages 20-60 and pays a death benefit upon receipt of documentation that the insured child died while the rider is in-force and the child was under 23 years of age.
6 The Waiver of Premium Rider is available for issue ages 20-55 and waives premiums if you (the insured) are totally disabled due to injury or sickness for six consecutive months or more, and the injury or sickness commenced before the policy anniversary following your 60th birthday. If premiums are being waived at that time, premiums will continue to be waived for as long as the total disability continues. If total disability commenced after the policy anniversary following your 60th birthday, premiums will continue to be waived up to the policy anniversary date following your 65th birthday. Policies with a face amount in excess of $2 million are not eligible for the Waiver of Premium.
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