Term Life

Affordable protection and guaranteed rates for the time you choose 

How it works

Term Life insurance can provide you with the protection you need for a specific period of time at affordable rates. You can use your Term Life policy as temporary life insurance or for providing extra coverage while your children as still young. If your circumstances change before the policy expires or age 65, you can convert to a permanent policy for the same face value without proving insurability
The Benefits
  • Guaranteed death benefit during the policy "term"
  • Level premium payment
  • Permanent coverage that can never be cancelled if premium payments are made when due
  • Riders can be added:
  • Protection for your spouse

Here are many of the great uses for your Term Life Policy:

  • Mortgage protection
  • Providing funds for your final and estate expenses so your loved ones can keep your assets and won't have to borrow.
  • To help your dependents pay off mortgages and other outstanding debts in the event of premature death.

Your Commitment
You agree to pay a regular monthly payment (this can be paid automatically). The premiums you will pay, and your benefits, are guaranteed to be the same throughout the life of the policy.


For more information, contact your nearest BAF office or send us an email, we’ll glady call you.

We are always waiting to serve you.

  • Choice converter

    Simple. Effective. Flexible

    Flexible personal reassurance Choice-Converter is a lifestyle insurance policy that provides a cash payment to your dependents should you die during the “term” of the policy.

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