Horace Mann life insurance products
Help protect the people you love. Below you can learn about the life insurance products we offer that can help protect those who depend on you for financial support.
Protect what matters most
Life insurance is a crucial part of your financial plan. It helps your family - spouse, children, parents - with financial resources if you should pass away.
We all have hopes and dreams for our families and for our future. By having life insurance, you can help ensure that your loved ones' hopes and dreams become a reality even if you're not there to make them come true. Horace Mann life insurance policies can provide more than just a death benefit – our policies offer additional benefits, called riders, which enhance the overall value of your policy. Scroll down to learn more.
Horace Mann term life insurance products
Term life insurance
Term life insurance provides a death benefit for a limited time. It’s typically more cost-effective than a permanent life insurance policy. Term life is the most basic life insurance policy you can purchase. You pay a set premium for a specified term duration, and we guarantee a set death benefit during the specified term. You can choose a specified term duration of 10, 15, 20 , or 30 years.
At the end of that term, you’re no longer protected and will have to make a decision – you can either apply for a new policy or exchange this policy for a permanent whole life policy (as permitted by the conversion benefit that is included in your term policy).
| Female | Female | Male | Male | |
|---|---|---|---|---|
| Death Benefit | $500,000 | $1,000,000 | $500,000 | $1,000,000 |
| Age: 25 | $23.19 | $38.06 | $31.50 | $52.06 |
| Age: 35 | $29.75 | $49.44 | $34.56 | $56.44 |
| Age: 45 | $50.75 | $92.31 | $70.44 | $129.06 |
This table shows sample monthly premiums for a 20-year Term life insurance product.
Horace Mann permanent life insurance products
Horace Mann's whole life insurance products
Whole life insurance can provide guaranteed protection for the rest of your life. Our whole life policies offer a guaranteed death benefit along with a cash value account that can be used for things like policy loans or whatever the policy owner wants.** As long as the premium payments are made on time, the whole life policy will not terminate. We offer four premium payment options:
- Life Select Whole Life – premiums payable to insured’s age 120
- Life Select 20 – premiums payable for 20 years
- Life Select 65 – premiums payable to insured’s age 65
- Life by Design Single Premium Whole Life – one single premium
Premiums will remain level for the premium payment period described below. View the product brochures below to learn more.
Horace Mann Pathfinder Indexed Universal Life insurance
Our Pathfinder Indexed Universal Life (IUL) insurance policy provides permanent protection and generates long-term cash value accumulation that can help protect your financial future. In contrast to a whole life policy, an IUL policy can give the option to adjust your premium payment amounts within a specific range. This provides flexibility to better deal with changing circumstances. The cash value account allows you to prepare for the unexpected, as well as help fund other financial goals such as creating supplemental retirement income.
*You would have to surrender the policy in order to receive the full amount of cash back.
**A reduction in cash value or a loan on the policy may result in a decrease in the death benefit payable under the policy. Refer to your life insurance contract for full details.
Horace Mann Life Insurance Company underwrites Horace Mann life insurance products. Proof of insurability is required to purchase coverage. Not all products are available in all states.
This information represents Horace Mann’s Life by Design term life insurance contracts ICC18-353 and alternate forms, cash value term life insurance contracts ICC12-351 and IC-351000 and alternate forms, Charitable Giving Benefit Rider ICC18-763 and alternate forms, Accelerated Death Benefit Rider – Terminal Illness ICC21-770, Accelerated Death Benefit Rider – Chronic Illness ICC21-769, Guaranteed Insurability Benefit Rider ICC18- 762 and alternate forms, Waiver of Premium Benefit Rider IC-738000 and alternate forms and IC-746000 and alternate forms, Accidental Death Benefit Rider ICC18-761, and Children’s Level Term Life Insurance Rider ICC18-862 and alternate forms.
This information represents Horace Mann’s Life Select whole life insurance contract ICC18-155 and alternate forms. Optional benefit rider form numbers: Charitable Giving Benefit Rider ICC18-763; Accelerated Death Benefit Rider - Terminal Illness ICC21-766; Accelerated Death Benefit Rider - Chronic Illness ICC21-767; Accidental Death Benefit Rider ICC18-761; Guaranteed Insurability Benefit Rider ICC18-762; Waiver of Premium Benefit Rider IC-748000; Children’s Level Term Life Insurance Rider ICC18-862; primary insured term rider ICC18-863 and additional insured term rider ICC18-864, plus alternate forms.
This information represents Horace Mann Pathfinder Indexed Universal Life Insurance contract ICC15-152 and alternate forms. Included benefit rider form numbers; Charitable Giving Benefit Rider ICC19-764 and alternates; Accelerated Death Benefit Rider - Terminal Illness ICC15-750 and alternates; Accelerated Death Benefit Rider - Chronic Illness ICC15-749 and alternates; and Overloan Protection Rider ICC15-754 and alternates. Optional benefit rider form numbers; Waiver of Monthly Deduction Rider ICC15-752 and alternates; Automatic Increase Benefit Rider ICC15- 755 and alternates; Children’s Level Term Life Insurance Rider ICC15-857 and alternates; Owner’s Disability and Death Waiver Rider ICC15-753 and alternates; and Accidental Death Benefit Rider ICC15-751 and alternates.
Horace Mann Pathfinder Indexed Universal Life is a flexible premium life insurance policy that offers a death benefit to the beneficiaries of the policy. Products and features may not be available in all states. Policy issuance is subject to availability and the outcome of the underwriting process. The policy has exclusions, limitations, and terms that may affect coverage, renewal, cancellation, termination or other contractual rights and benefits.
The information provided here is for general informational purposes only, and should not be considered a recommendation or investment, tax or legal advice.