Contact the SwiftTerm Customer Care Center at 1-833-447-9438.
Click on the My Account button in the top-right of the screen and follow the instructions.
Things change.
If your premium differs from the quote you received from your financial professional.
Some of your information is wrong on your application.
You have additional questions.
If your payment schedule is other than annual, your total premiums will be more than if you made a single, annual payment. Below are some examples of how that may break out using today's calculations. For policies already purchased, please refer to your policy.
Comparison of premium payment schedules and their additional yearly costs based on a hypothetical annual premium of $1,200
Annual premium payment schedule
1 premium payment per year
$1,200 premium payment
$1,200 total premium payment each year
$0 additional payment charges each year
Semi-annual premium payment schedule
2 premium payments per year
$612 each premium payment (including additional payment charges)
$1,224 total of premium payments each year (including additional payment charges)
$24 total additional payment charges each year
Quarterly premium payment schedule
4 premium payments per year
$306 each premium payment (including additional payment charges)
$1,224 total of premium payments each year (including additional payment charges)
$24 total additional payment charges each year
Monthly premium payment schedule
12 premium payments per year
$102 each premium payment (including additional payment charges)
$1,224 total of premium payments each year (including additional payment charges)
$24 total additional payment charges each year
If you have additional questions, contact the SwiftTerm Customer Care Center at 1-833-447-9438.
SwiftTerm® is a registered service mark of Symetra Life Insurance Company.
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.
Policy rider availability may vary by distribution partner.
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.
The Accelerated Death Benefit for Terminal Illness Rider is available for issue ages 20-60 and is not available on rated policies.
Receipt of an accelerated death benefit may be taxable. Consult with your personal tax or legal professional before exercising this rider. You may also lose your right to receive certain public funds such as Medicare, Medicaid, Social Security, Supplemental Security Income (SSI), and possibly others. The accelerated death benefit is intended to qualify under section 101(g) (26 U.S.C. 101(g)) of the Internal Revenue Code. The death benefit will be reduced if an accelerated death benefit is paid. There is no restriction on the use of proceeds of these accelerated death benefits.
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.
1 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 three times the face amount up to a maximum of $250,000.
2 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.
3 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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