10 December, 2020

Why 65 years of age when other life insurance companies talk about 10, 20 or 30-year term periods?


In the spirit of Next by Pacific Life, we chose to simplify things — 65 is the typical age by which most of your financial obligations are taken care of, and there is less need to worry about financially supporting your beneficiaries should something unexpected happen to you. While in the early years, guaranteed premiums to age 65 may be more expensive as compared to the 10- and 20-year products, the cost is significantly lower over time.