NON-Med Term 350

This competitively priced term insurance can be ideal for clients needing affordable life coverage for important life events such as marriage, birth or adoption of children, and the purchase of a new home.

Term Life

Acci-Flex is an accidental death benefit, guaranteed premium term life insurance policy. It is a nonparticipating policy. Premiums are guaranteed renewable to age 75. The product is issued on a nonmedical basis, however, after initial underwriting, some applicants may be required to complete an additional questionnaire or medical exam to determine insurability.

Whole Life

Simplified Life features a combination of three policies from which the proposed insured would qualify for/be issued one.

1. Simplified Level Benefit Whole Life
The full death benefit is provided from the first day.

2. Simplified Graded Benefit Whole Life
A graded death benefit is provided the first two policy years for non-accidental death (40% of the face amount policy year 1 and 75% of the face amount year 2).

3. Simplified Modified Benefit Whole Life
A modified death benefit is provided the first two policy years for non-accidental death (110 percent of the annual premium in year one and 220 percent of the annual premium in year two of coverage).

For older individuals buying a guaranteed death benefit with a single payment. Early retiree market where buyer wants to leave an estate but doesn’t want to budget premiums into current lifestyle. Creates a modified endowment contract but if held until death there is no adverse tax impact. Alternative to taxable fixed investments. True single-premium purchase with guaranteed contract maturity. Lowest cost permanent life insurance per thousand. Can purchase additional coverage within the first six months, if underwritten at initial application.

Ideal for buyers interested in flexible and affordable permanent life insurance with numerous riders and benefit options. Also, those interested in building large policy values.

This product is ideal for buyers interested in permanent life insurance but who have limited resources. Plan has "term-like" premiums with the benefits of a permanent, cash value policy.