Convertible Annual Renewable Term (CART)
Convertible Annual Renewable Term (CART) and CART Second Death (CART-SD) are designed for people who want low-cost life insurance for a relatively short period of time. These products can lock in insurability for your clients seeking more robust coverage, and allow them to convert when the time is right.
- Flexible coverage at a competitive price
- Lock in current health and insurability
- Converts to any of our currently available permanent products
CART
Issue ages: 16-80 years old based in nearest birthday
Minimum face amount: $100,000 for all ages
Policy fee: $100
Renewable to age 80
Underwriting classes: Standard Non-Tobacco, Standard Tobacco, Special Risk
Riders: Waiver of Premium
Conversions: At issue through policy duration (10 years) until age 75.
CART-SD
Issue ages: Both insureds must be 16-80 years old based in nearest birthday
Policy fee: $200
Riders: None
Conversions: At issue through policy duration (10 years) until age 75.
Sales Tools
| Audience | Document | Updated | Link |
|---|---|---|---|
| Consumer Use | “The value of high ratings” Flyer | 08/25/2025 | Click Here |
| Consumer Use | Life Insurance Needs Calculator | 08/25/2025 | Click Here |
| Advisor Use Only | Underwriting Approach Advisor Microsite | 08/25/2025 | Click Here |
| Advisor Use Only | BOLD (Business Owner Life-stage Design) Microsite Link | 08/25/2025 | Click Here |
| Advisor Use Only | LIFT (Life Insurance as a Financial Tool) Microsite | 08/25/2025 | Click Here |
| Advisor Use Only | Multi-Carrier Underwriting Guide | 03/10/2026 | Click Here |
Product Resources
| Audience | Document | Updated | Form Number | Link |
|---|---|---|---|---|
| Consumer Use | “Gift of a Lifetime” Consumer Brochure | 08/25/2025 | 70464 | Click Here |
| Consumer Use | “Protect your children now and in the future” Consumer Flyer | 08/25/2025 | 7790429 | Click Here |
| Advisor Use Only | Longevity Credit Program Guidelines Advisor Flyer | 08/25/2025 | F109238 | Click Here |
| Advisor Use Only | Recreational Marijuana Use Guidelines | 08/25/2025 | 98531 | Click Here |
| Advisor Use Only | Protection planning for your clients’ life stages Flyer | 08/25/2025 | 733555 | Click Here |
| Advisor Use Only | Criteria for Top Underwriting Classes Flyer | 08/25/2025 | 588546 | Click Here |
| Advisor Use Only | Mortality Credits Guidelines Flyer | 08/25/2025 | 5885413 | Click Here |
| Advisor Use Only | “Long-term care and chronic illness planning for every life stage” Flyer | 08/25/2025 | 93450 | Click Here |
| Advisor Use Only | Second-to-Die Rates Flyer | 10/17/2025 | 74295 | Click Here |
| Advisor Use Only | Rates Flyer | 10/17/2025 | 7183434 | Click Here |
Dedicated Team
2026 fmiAgent Point Awards
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