These two policies are level term policies of 20 or 30 years. They have
guaranteed death benefits and are nonparticipating (they do not pay dividends).
They are both convertible to any of our permanent plans of insurance.
Please see the conversion requirements below:
ISSUE AGES
20 Year Term - 18 to 65
30 Year Term - 18 to 55
POLICY FEE
There is a $50 policy fee included annually.
PREMIUM CLASS
There are four premium classes: Standard, Substandard, Tobacco, and
Preferred.
RENEWABILITY
The product is designed as an annual Renewable
Term to age 90.
CONVERTIBILITY
Both policies are convertible. The 20 Year Term policy is convertible
at any time between the 2nd and 11th policy year, and the 30 Year Term
policy is convertible any time between the 2nd and 16th policy year.
BENEFITS AVAILABLE
Additional benefits available with both of these policies are Waiver
of Premium for Disability, Accidental Death and Children's Term
Rider.
