Return of Premium Matrix

Return of premium insurance, also known as ROP, is a type of term life insurance which ensures your loved ones a death benefit if you are taken from them. If by the end of the term you select the benefit has not been paid out to loved ones, it will return the amount you paid in premiums to you. This way, you collect no matter what.¹

ROP offers the benefit of solid coverage for the term you select (15, 20, or 30 years), a fixed monthly premium that does not change during the selected term (even as you get older or if your health declines), full benefits to your loved ones if you should die, and returns an amount equal to the premiums you paid when the term ends, if you are still living and you've kept the policy in force.

Whatever your goal, Return of premium term life insurance offers you the best of both worlds - your loved ones will receive the full death benefit if something were to happen to you AND it will return the amount you paid in premiums if you're not.

¹Return of premium is paid at the end of the level term period and excludes substandard and rider charges. The premium returned does not take into account inflation. This policy is not available in all states. Please contact Social Alliance for complete details.