Term Life InsuranceTerm Life Insurance
AmeritasAmeritas
Comprehensive living benefits and children's coverage — outstanding value for families.
Ameritas
Comprehensive living benefits and children's coverage — outstanding value for families.
About Ameritas
Ameritas is a mutual-based insurer founded in 1887 in Lincoln, Nebraska. As a mutual company, Ameritas is owned by its policyholders — not shareholders — which aligns its incentives with long-term customer outcomes. The company is particularly respected for its versatile living benefit riders and one of the strongest children's conversion programs in the term life market.
ClearEdge Living Benefits Term
Comprehensive living benefits and children's coverage — outstanding value for families.
Product Details
Key Features
Comprehensive Living Benefits
Built-in accelerated death benefit covering terminal illness, chronic illness (inability to perform 2 of 6 ADLs or severe cognitive impairment), and 15 qualifying critical illness conditions including invasive cancer, heart attack, and stroke. Access up to 90% of the death benefit — maximum $1.5M — at no additional premium.
Children's Insurance Rider
One low flat fee covers all eligible children under the policy. At age 25, each child can convert their coverage to up to five times the rider face amount ($125,000) in permanent life insurance — no medical exam or evidence of insurability required.
Lab-Free Approval Available
Applicants under 60 in good health may qualify for up to $1M in coverage without a blood draw through accelerated underwriting.
Best For
Families who want serious illness protection built in, plus a way to lock in their children's future insurability at minimal cost.