Term life insurance with living benefits gives you coverage for a set period and the ability to access part of your benefit while you are still alive if you face a serious illness. Most term policies come with none of that. On the InstaBrain platform, both riders are included in the policy at no additional premium. You apply 100% online, skip the medical exam, and get a real underwriting decision in minutes.
What the living benefits cover
Two riders are built into this policy. Neither costs extra.
Chronic Illness
of face amount, paid over 36 months
Triggers on permanent inability to perform 2 or more Activities of Daily Living, or diagnosis of severe cognitive impairment.
Terminal Illness
of face amount, paid as a lump sum
Triggers on a terminal diagnosis with a life expectancy of 12 months or less. Maximum accelerated benefit: $250,000.
How it compares to Pure Term
Both products are instant-decision term life with no medical exam. The difference is the rider package. Pure Term is the lowest-priced option in the lineup with no riders attached. Term Life with Living Benefits includes both the chronic illness and terminal illness riders at no additional cost. If you want the most coverage per dollar with benefits that can pay out during your lifetime in a serious diagnosis, this is the product. If you want the absolute lowest price with no extras, Pure Term is the one.
Coverage details
Issue ages 18 to 60. Face amounts from $50,000 to $1,000,000. Term periods of 10, 15, 20, and 30 years. All-cause coverage. The application is 100% digital, open around the clock, and returns a real underwriting decision in minutes with no medical exam required.
How the application works
Quote to application to decision, fully digital. You answer questions online, The Brain runs the risk math live against real underwriting rules, and you get an answer on the spot. If a term product is unlikely to fit, the platform can pivot you to a more appropriate one in the same session instead of leaving you with a dead end. Coverage is issued by licensed insurance carriers and sold through licensed professionals; InstaBrain is the AI-native technology platform that makes the whole thing instant.
Straight answers
- What are the living benefits on this term life policy?
- Two riders are included at no extra cost. The chronic illness rider pays up to 50% of the face amount over 36 months if you become permanently unable to perform two or more Activities of Daily Living or are diagnosed with severe cognitive impairment. The terminal illness rider pays up to 90% of the face amount as a lump sum if you receive a terminal diagnosis with a life expectancy of 12 months or less.
- Do the living benefits cost extra?
- No. Both riders are included at no additional premium. They are built into the policy.
- What is the difference between this and Pure Term?
- Pure Term is the lowest-priced option in the lineup with no riders. This product includes the chronic illness and terminal illness riders at no extra cost. If you want the most coverage per dollar with benefits that can pay out during your lifetime, this is the one. If you want the lowest possible price with no extras, choose Pure Term.
- Can I really get term life insurance with no medical exam?
- Yes. Applications on the InstaBrain platform are 100% digital with no medical exam. The Brain evaluates your answers in real time and returns an underwriting decision in minutes.
- How fast is the decision?
- Minutes. The engine underwrites while you complete the application, so the answer arrives at the end of the application instead of weeks later.
- What if I do not qualify for term?
- Instead of a dead end, the platform can pivot you to a product that fits better, such as guaranteed issue or final expense coverage, in the same session.
- Is InstaBrain the insurance company?
- No. InstaBrain is an AI-native insurtech, the technology platform. Policies are issued by licensed carriers and sold through licensed professionals.