Hybrid Term life insurance is Term Life insurance has a second type of insurance combined with it. E.g. A Hybrid Term Life policy might be a blend of traditional Term insurance combined with Accidental Death or long term care benefits.
Fidelity Life offers a Hybrid Term Life insurance policy that allows you to get nearly instant Life coverage combined with Accidental Death coverage. Then after you take an exam, the policy becomes 100% traditional Life coverage.
Hybrid life insurance can be a good way to get two types of coverage in one policy at a lower price than if both were purchased separately. Or as in the case of Fidelity Hybrid Term insurance, it can be a way to get quick coverage at a reasonable price, and be able to take your time in changing it over to a pure Term Life policy.
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Fidelity Life offers a Hybrid Term Life insurance policy that allows you to get nearly instant Life coverage combined with Accidental Death coverage. Then after you take an exam, the policy becomes 100% traditional Life coverage.
Hybrid life insurance can be a good way to get two types of coverage in one policy at a lower price than if both were purchased separately. Or as in the case of Fidelity Hybrid Term insurance, it can be a way to get quick coverage at a reasonable price, and be able to take your time in changing it over to a pure Term Life policy.