Term plus 30 18 to 55 term plus 35 18 to 50 term plus 40 18 to 45 insurance amount 25000 to 10m preferred rates starting from 500000 for age 51 and above 1000001 for age 18 and above level insurance amount or decreasing to 50 of the initial insurance amount insurance amount may be increased without new evidence of insurability thanks to the insurability benefit premiums . The terms that are available are 10 15 20 25 30 and 35 year terms which is a great product to use to compete with banks mortgage insurance and to match amortization schedules at a bank another feature that is built into the term plus product is the renewal policy at the end of the initial term rather than the product renewing for another 20 years for example it is actually going to