Smart Plans
Guaranteed Advantage Accidental DeathInsurance is an affordable, guaranteed issue product, it can be an alternative for those who can’t afford or qualify for term life insurance.
ISSUES AGES: • 18-70
ACCIDENTAL DEATH BENEFITS: • $50,000 – $500,000 face amounts available (increments of $1,000)
• 24-hour all accident coverage
• Common Carrier Benefit: provides an additional death benefit equal to the base accidental death benefit
• Auto Pedestrian Benefit: pays an additional 50 percent of the accidental death benefit
FAMILY COVERAGE:
• Spouse is eligible if age 18-70 and may remain on the policy until age 80
• Unmarried dependent children under the age of 19, or age 23 if a full-time student at an accredited college or university
– State specials will apply
– Dependent child coverage ends at age 21 or age 25 if a full-time student
– Dependent eligibility may vary by state
RETURN OF PREMIUM BENEFIT RIDER:*
•Optional rider that returns a percentage of premiums paid (minus any claims paid) when the policy terminates for any reason other than accidental death
•Issue ages 18-50
•If applying for family coverage, both the primary insured and spouse must be age 50 or under at the time of application
Critical Illness- Critical Advantage
Product Options
1. Critical Illness Insurance Policy
2. Cancer Insurance Policy
3. Heart Attack/Stroke Insurance Policy
Permanent Life
Protection for loved ones
AccumUL AnswersSM offers affordable, lasting protection. This means that if the insured should die unexpectedly, their loved ones would be protected financially. They would receive an income tax-free death benefit
1. which may be used for income replacement, final expenses, their children’s college education or for any other purpose. Their policy’s death benefit and premium payment amounts ultimately depend on their unique personal needs. And, they can customize their policy to fit within their personal budget; and, the coverage and premium amounts can be adjusted in the future as their life changes.
2. Also, unlike policies that are designed to last for 10, 20 or 30 years, an AccumUL Answers policy provides clients with permanent protection, provided enough premium has been paid.
Term Life
This simple life insurance policy offers affordable, lasting protection. This means that if the insured should die unexpectedly, their loved ones would be protected financially. They would receive an income tax-free death benefit1 which may be used for income replacement, final expenses, their children’s college education or for any other purpose. This can be a great fit for clients who:
• Require coverage for a certain period of time, such as until their children are grown
• Want to ensure their family maintains their lifestyle if the unthinkable happens
• Need to make sure long-term debts (such as mortgage, car loan or credit card) are paid off
• Are looking for affordable life insurance protection as they enter their prime earning years
• Are business owners looking for affordable business planning solutions
Senior Solutions
Options to Access Your Death Benefit Early
•Accelerated Death Benefit for Terminal Illness or Nursing Home Confinement
Allows the owner a one-time election to receive the Accelerated Benefit if the insured is either:
(a) diagnosed as having a terminal illness that, with a reasonable degree of certainty, will result in the
insured’s death within 12 months or less from the date a physician signs the statement of proof of terminal
illness, or (b) has been confined to a nursing home for 90 consecutive days or more; and is expected to
remain confined to a nursing home for the duration of the insured’s life.
•Accelerated Death Benefit for Terminal Illness or Chronic Illness Rider in FL Allows the owner a one-time election to receive the Accelerated Benefit if the insured is either:
(a) diagnosed as having a terminal illness that, with a reasonable degree of certainty, will result in the
insured’s death within 12 months or less from the date a physician signs the statement of proof of terminal
illness, or (b) certified by a physician that the insured is unable to perform (without substantial assistance
from another person) at least two activities of daily living due to a chronic illness.
•Accelerated Death Benefit for Terminal Illness Rider in CT
Allows the owner a one-time election to receive the Accelerated Benefit if the insured is diagnosed as having a terminal illness that, with a reasonable degree of certainty, will result in the insured’s death within
12 months or less from the date a physician signs the statement of proof of terminal illness.
•Optional Accidental Death Benefit Rider
This rider provides an additional death benefit equal to the policy’s face amount if the death of the insured results from accidental bodily injury and independently of sickness and all other causes (additional premium required).
