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Disclaimers
• This training module is not written for, and it cannot be used for, the purpose openalties that may be imposed on a taxpayer. Neither ForestersTM nor its Reprengage in rendering legal, business, estate tax, accounting or tax advice. The
this training module is intended as a general overview. Please advise your clietheir individual tax or legal advisors regarding their specific situation. This repintended to provide advice regarding the sale or purchase of specific investmeor insurance products. Treasury Department Circular 230.
• All information is intended to be general in nature. All Foresters fraternal requto be considered including the requirement that proceeds must benefit the Formember's dependants.
• The information contained in this presentation is for information purposes only
other tools available to support your learning needs. You must ensure that yourepresent, to a customer or prospect, the product features based on the actuathe applicable certificate and riders for your state.
• Foresters FinancialTM is the trade name and a trademark of The Independent OForesters.
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Contents
•
Foresters Difference
• Foresters Products
• Support
• Rewards
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ForestersDifference
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Foresters
•Foresters Financial™ is a leading international life insurance prov
that is member-based, family-focused and community-spirited
•For 140 years we have been true to our purpose – to support the
being of families through quality life insurance, unique member
benefits and inspiring community activities
Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal b
society, 789 Don Mills Road, Toronto, Canada M3C 1T9) and its subsidiaries..
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Foresters Financial Strength
Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal benefit societyRoad, Toronto, Canada M3C 1T9) and its subsidiaries.
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• Foresters financial strength, as measured by A. M. Best Companyrated “A” (Excellent) and has been for 15 consecutive years, mosrecently updated July 10th, 2015.
• An “A” (Excellent) rating is assigned to companies that have a strability to meet their ongoing obligations to policyholders and havebalance, excellent balance sheet strength, operating performancebusiness profile when compared to the standards established by ABest Company. In assigning our rating, A.M. Best stated that Fore
rating outlook is “stable,” which means it is unlikely to change in near future, assuming our financial strength is maintained and ouoperations grow. A.M. Best assigns ratings from A++ to F, A++ abeing superior ratings and A and A- being excellent ratings.
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• Strong financial position
• Assets of $13.6 billion Canadian
• Surplus of $2.2 billion Canadian
Financial results as at December 31,2015.
Foresters Financial Strength
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KaBOOM!
• Partnership with KaBOOM!
• Members, employees and pr
volunteer along with commu
build a playground in just on
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Video
https://www.youtube.com/watch?v=Fgc7zDLFk3ghttps://www.youtube.com/watch?v=Fgc7zDLFk3g
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2016 Playground Builds
Minneapolis, MN Tampa, FL
Orange Co, CA Portland, OR
Dallas, TX Atlanta, GA
San Diego, CA Cleveland/Akron, OH
Philadelphia, PA
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Ronald McDonald House Charities
• Partners for four years
• Foresters has organized activ
than 70 local Ronald McDona
• Activities include sponsoring “
Care” and family activity nigh
Ronald McDonald House is a registered trademarCorporation or its affiliates and is used with
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Foresters Prepared with Care
• Foresters holds a fundamental belief in helping families plan ahead and
the unexpected, while making a difference along the way.
• Being prepared for life’s unexpected events is important to well-being -
preparedness information and supplies are one way that families and co
can become better prepared and more resilient in the face of emergenci
disasters.
• Foresters cares about the well-being of families and the communities w
live. We’ve partnered with the American Red Cross TM to deliver Foreste
with Care, a program that will provide valuable preparedness training a
emergency kits to families in communities across America.
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Emergency Assistance Grants
• Short-term, temporary fi
assistance
• For Members affected by
personal hardship, disast
emergency
• One time, per disaster, p
• 800-828-1540
• 8:00 am – 4:00 pm
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2015 EmergencyAssistance Funding
Storms and Floodingin Texas & Oklahoma
May
Wildfires inWashington state
July
Wildfires in California August
Flooding in SouthCarolina
October
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Member Benefits
Benefits available to all eligible insureds, as Foresters members:
• Competitive Scholarships
• Terminal Illness Loan
• Orphan Benefits
• Everyday Money
• Legal Link
• Community Granting Program
ForestersTM member benefits are non-contractual, subject to eligibility requirements and limitations and may be chancancelled without notice. Third parties administer Legal Link , Everyday Money and Foresters Competitive Scholarship
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Competitive Scholarships
• Up to 250 tuition scholarsh
offered annually
• Each scholarship worth up
ForestersTM member benefits are non-contractual, subjec
requirements and limitations and may be changed or can
notice. Third parties administer Legal Link , Everyday Mo
Competitive Scholarships.
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Terminal Illness Loan
• Terminal illness definition: Reasonable certainty of death within o
as defined by a legally qualified physician who can provide medica
satisfactory to Foresters
• Borrow up to 75% of the net face amount of the Member’s Forest
insurance certificate to a maximum of $250,000.
• No interest, set-up fees or rider charges
• Not available in NY or IL. Not available on Prepared Accidental DeCertificates
ForestersTM member benefits are non-contractual, subject to eligibility requirements and limitations and may be chancancelled without notice. Third parties administer Legal Link , Everyday Money and Foresters Competitive Scholarship
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Orphan Benefit
• $900 per month per child paid to the legal guardian of the orphaned of a Foresters Member, up to age 18
• Both parents alive at time of application
• Both parents pass away
• Benefit payment starts approximately one month after death benefitproceeds paid
• Paid in addition to any death benefits
ForestersTM member benefits are non-contractual, subject to eligibility requirements and limitations and may be chancancelled without notice. Third parties administer Legal Link , Everyday Money and Foresters Competitive Scholarship
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Orphan Scholarship
• Death of one parent - $1,500/year
• Death of a single parent - $3,000/year
• Death of both parents - $6,000/year
• Renewable for up to 4 years
• If the child becomes orphaned at age 18 or younger, the progra
begin in the calendar year in which the child’ s high school educa
completed.
ForestersTM member benefits are non-contractual, subject to eligibility requirements and limitations and may be changed or cancelled w
Third parties administer Legal Link , Everyday Money and Foresters Competitive Scholarships.
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Everyday Money
• Toll-free and confident
based financial helpline
• Accredited financial co
• Answer questions abou
money management
1-800-444-3043
7:00 am – 9:00 pm EST
8:00 am – 12:00 pm EST
1ForestersTM member benefits are non-contractual, subject to eligibility requirements and limitations and may be chacancelled without notice. Third parties administer Legal Link , Everyday Money and Foresters Competitive Scholarship
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Legal Link• Free legal services including a
• Discounted legal services includdivorce, name change, incorpoadditional legal items
• Access to Legal Club of America
1-800-444-3043
8:00 am – 8:00 pm EST M-F
ForestersTM member benefits are non-contractual, subject to eligibility requirements and limitations and may be chancancelled without notice. Third parties administer Legal Link , Everyday Money and Foresters Competitive Scholarship
In the US, Foresters Legal Link benefit is provided by Legal Club of America®, which is a registered trade name of SInc. The terms and conditions of Legal Link are those of Legal Club of America’ s® Family Legal Plan.
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Community Granting Program
ForestersTM member benefits are non-contractual, subject to eligibility requirements and limitations and may be chancancelled without notice. Third parties administer Legal Link , Everyday Money and Foresters Competitive Scholarship
Community Involvement (CI) grants
• CI grants provide members with the funds to ind
organize volunteer activities that contribute to fa
such as cleaning up a park, or assembling hygien
homeless or gift packs for disadvantaged childre
Member Involvement (MI) grants
• MI grants provide members with the funds to cr
activities such as a day at an amusement park o
or an evening at the movies.
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Member Benefits For Helping Generations
Suppose two parents with three s
(turning ages 1, 3,and 5) pass aw
• Foresters could pay death bene
• Foresters could also pay the Or
the legal guardian of the orpha
Member Benefit Benefit Amount
Orphan Benefits Up to $486,000
OrphanScholarship
Up to $72,000
Total Benefits Up to $558,000
ForestersTM member benefits are non-contractual, subject to eligibility requirements and limitations and may be chancancelled without notice. Third parties administer Legal Link , Everyday Money and Foresters Competitive Scholarship
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Member Benefit Resources
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Foresters Product Portfol
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Product Portfolio
• Whole Life Products
• PlanRight
• Advantage Plus
• Your Legacy
• Universal Life
• Smart UL
• Term Products
• Lifefirst Level Term
•
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PlanRight
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PlanRight
A whole life product designed to provide for death benefits as ato help people pay for the cost of their final expenses
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PlanRight Whole Life
• U.S. population age 65 and over is expected to double in the next 25
• By 2030 almost one out of five Americans (some 72 million people) w
years or older
• According to the National Funeral Directors Association, the average c
funeral in 2012 was $8,343
Sources:http://www.cdc.gov/mmwr/preview/mmwrhtml/mm5206a2.htm Source: National Funeral Directors Association, 2013 Member General Price List Study
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http://www.cdc.gov/mmwr/preview/mmwrhtml/mm5206a2.htmhttp://www.cdc.gov/mmwr/preview/mmwrhtml/mm5206a2.htm
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PlanRight Whole Life
• Quick Application Process – no medical exam, no blood profiles, no HOS
• Quick Underwriting – Producers will know medical eligibility prior to leaving client’ s home
• Quick Issue - Quick Pay in your pocket
• Face amounts - from $2,000 to $35,000
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PlanRight Whole Life – Benefits in 1st, 2nd and Later Ye
• Level Death Benefit
(Based on 100% of the Face Amount*)
• Graded Death Benefit
(Based on greater of:
• Year 1: 30% of face amount; or ROP + 4.5% interest
• Year 2: 70% of face amount; or ROP + 4.5% interest• Year 3: 100%*)
• Modified Death Benefit
(Based on ROP+10% in years 1 and 2,100% of the face amount from year3+*)
*Applicable amount plus unearned premium minuscertificate debt such as loans.
Issue Age (ALB) Face Am
50 - 80 yrs $2,000 -
81 - 85 yrs $2,000 -
Issue Age (ALB) Face Am
50 - 80 yrs $2,000 -
81 - 85 yrs $2,000 -
Issue Age (ALB) Face Am
50 - 80 yrs $2,000
81 - 85 yrs Not Ava
Subject to state availability and variations.
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PlanRight Whole Life
Accidental Death Provision
Availability PlanRight Graded & Modified dfirst two years the certificate is
Benefit for Accidental Death
• Face amount in effect on dateof insured, plus
• Unearned Premiums, minus• Debt
Accidental Death Definition
Death caused by an accidental
injury, directly and independenother causes
Accidental Death PeriodDeath occurs within 180 days accidental bodily injury
Subject to state availability and variations.
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PlanRight Whole Life
• Premiums
• Age Last Birthday
• Rates for Males/Females and Non-Tobacco/Tobacco
• No Banding
• Commissionable Certificate Fee: $36
• Annual, Semi-annual, Quarterly and Monthly modes
• One application for all 3 plans
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PlanRight Whole Life
Riders
Built-In ProtectionCommon Carrier AccidentalDeath Benefit Rider
Extended Protection Accidental Death Rider (Level Pla
Subject to state availability and variations.
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PlanRight Whole Life
Real-Time Underwriting
• Supported by Apptical
• Fast, reliable service
• Focus on the sale not the underwriting process
• Know the client’ s medical eligibility before leaving the client’ s hom
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PlanRight Whole Life
Process
• Complete the application
• Call Apptical for Personal Health Interview (PHI)
• MIB and Prescription Checks will be performed on all applicatio
• Medical eligibility based on application and telephone interview res
• Submit the application
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PlanRight Whole Life
Process
In order for you to continue with the Point-of-Sale process for
PlanRight, all applications must be submitted to Foresters within
business days after a call has been placed with Apptical, regardle
the outcome.
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PlanRight Whole Life
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PlanRight Whole Life
APPTICAL
1-866-844-9276
Monday-Friday: 8:30 am to 2 am ET
Saturday-Sunday: 10 am to 10 pm ET
Sales Support
1-866-466-7166 (option 1)
Monday-Friday: 8:30 am to 7:00 pm ET
Saturday-Sunday: Closed
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Accelerated Death Benefit Rider (ABR) Description
Subject to state availability and variations.
• Value-added Accelerated Death Benefit Rider, is included, for no addition
premium.
• If the insured is diagnosed with an eligible illness, the rider provides the
opportunity for the owner to accelerate a portion of the eligible death be
(face amount plus paid-up additional insurance, if any) and receive an
accelerated benefit payment.
• Depending on eligibility and state variations, the rider can be issued with
of more of the following eligible illnesses:
– Chronic Illness
– Critical Illness
– Terminal Illness
• Note: For all chronic and critical illness claims, the payment will be less than the acceleration amountis subject to an administrative fee, an actuarial discount amount and other applicable deductions
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Advantage Plus Whole Lif
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Advantage Plus Whole Life
Advantage Plus Whole Life is a participating whole life product wwill provide for lifetime death benefit protection (up to age 12
guaranteed cash values and lifetime guaranteed premium*
*Exception-Disability income coverage
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Advantage Plus Whole Life
• Ages 30-50 looking for long term cash value growth
• Ages 50-70 looking for guaranteed premium* and a death bene
• Middle Income Market
• Want lifetime life insurance protection (up to age 121)
• Want cash value accumulation potential
• Non-medical or medically underwritten plans
*Exception-Disability income coverage
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Ad t Pl Wh l Lif
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Advantage Plus Whole Life
• Lifetime protection (to age 121)
• Guaranteed cash values
• Guaranteed lifetime premium*
(to age 100)
•
Customized coverage with valuableriders
*Exception-Disability income coverage
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Ad t Pl Wh l Lif
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Advantage Plus Whole Life
• No medical exams (up to $250,000)
• Foresters relies on applicant's answers to health & lifestyle
questions to offer up to $250,000 in coverage
• No medical exam
• No blood
• No routine PHIs
• Simple application process
• Optional POS phone interview
• Medically underwritten coverage available
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Ad t Pl Wh l Lif
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Advantage Plus Whole Life
Non-Medically Underwritten Features
• No blood
• No HOS
• No APS
• Optional Decision Express phone
interview
• E-app Availability
• MIB
• Prescription History
Build Tables
5’ 6” 259
5’ 7” 265
5’ 8” 274
5’ 9” 281
5’ 10” 292
5’ 11” 298
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Advantage Plus Whole Life
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Advantage Plus Whole Life
Non-Medically Underwritten Features
Insurance Classes
Juvenile
TobaccoNon-Tobacco
Issue Ages & Face Amounts(age nearest)
0-15: $25,000 - $150,00016-55: $25,000 - $250,00056-75: $25,000 - $150,000
Underwriting Issued Standard up to and includin
Decision Express Optional Point-of-Sale Underwritin
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Advantage Plus Whole Life
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Advantage Plus Whole Life
Medical Issue Ages and Face Amounts
Issue Ages(age nearest)
Minimum FaceAmount
0-15 $150,001
16-70 $100,000
71-75 $50,000
76-85 $25,00071-85 (preferred andpreferred plus classes)
$100,000
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Advantage Plus Whole Life
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Advantage Plus Whole Life
Insurance Classes
Medically Underwritten
Insurance Classes
JuvenilePreferred Plus Non-TobaccoPreferred Non-TobaccoNon-Tobacco Plus
Non-TobaccoTobacco PlusTobacco
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Advantage Plus Whole Life
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Advantage Plus Whole Life
Premiums & Payment Options
Premium Modes
Monthly: $25.00 minimum (PAC only)
Quarterly: $75.00 minimumSemi-Annually: $150.00 minimum
Annual: $300.00 minimum
Certificate Fee
(fully commissionable)
Monthly: $6.30
Quarterly: $18.72
Semi-Annual: $36.72
Annual: $72.00
Payment Options20 pay
Paid-up at 100
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Advantage Plus Whole Life
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Advantage Plus Whole Life
Loans & Dividends
Loans
(non-direct recognition)
Available up to cash surrender value at the ecurrent certificate year
Current US variable loan rates (currently 5.0
Contractual Dividends
Paid-Up Additions (default)
On deposit with interest (minimum 3.5% gua
Reduce Premiums
Paid in Cash
*Loan rates are variable. Loan rates current as of January 1, 2014.
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Advantage Plus Whole Life
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Advantage Plus Whole Life
Riders
Subject to state availability and variations.
Standard Protection Benefits
Family Health Benefit Rider
Common Carrier Accidental Death Ben
Accelerated Death Benefit Rider
Living BenefitsDisability Income Rider (Accident Only
Waiver of Premium Rider
Extended Protection
Children’ s Term Rider
Accidental Death Rider
Guaranteed Insurability Rider
Additional Protection
10-Year Term Rider
20-Year Term Rider
Paid-up Additions Rider
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Subject to state availability and variations.
Advantage Plus Whole Life
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Advantage Plus Whole Life
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Foresters Your Legacy Whole Life
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Foresters Your Legacy Whole Life
A non-medical single premium participating whole life insuranproduct which will provide for lifetime death benefit protection (
age 121) and guaranteed cash values
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Foresters Your Legacy Whole Life
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Foresters Your Legacy Whole Life
Target Market• Retirees that want to allocate a portion of their assets to cover a mult
financial risks while leveraging the potential estate value of the asset
• Looking for simplicity: non-medical, single pay buys lifetime coverage future premiums
• Looking for cash value growth through dividends while having the upsbenefit protection
• Want lifetime life insurance protection (up to age 121)
•Grandparents or parents looking to buy coverage on their grandchildrechildren
– Provides lifetime coverage and protects against the unpredictable future uninsurability
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Foresters Your Legacy Whole Life
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Foresters Your Legacy Whole Life
Non-Medical Features
• No blood
• No HOS
• No APS (standard underwriting)
• Optional Decision Express phone
interview to a table 4 (standard
underwriting)
• MIB
• Prescription History
Standard Build T
5’ 6” 259
5’ 7” 265
5’ 8” 274
5’ 9” 281
5’ 10” 292
5’ 11” 298
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g y
Non-Medical Features
Insurance Classes
Juvenile (issue ages 0-15)
Non-Tobacco (issue ages 16-85)Tobacco (issue ages 16-85)Substandard (issue ages 16-80)
Issue Ages 0-85 (age nearest) &Minimum Single PremiumAmounts
0-15: $1,50016-29: $5,00030-85: $10,000
Maximum Single Premium 0-85 $500,000
Maximum Net Amount At Risk
Issue Age 0 - 15: $150,000Issue Age 16 - 55: $250,000Issue Age 56 - 75: $175,000Issue Age 76 - 85: $150,000
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Foresters Your Legacy Whole Life
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g y
Non-Medical Features
Underwriting Classifications
Standard underwriting
Tables 1-4 (+25% to +100) with tfollowing classes:• Juvenile (issue ages 0-15)• Non-Tobacco (issue ages 16-85)• Tobacco (issue ages 16-85)
Ratings
Substandard underwriting is availaissue ages 16 to 80. Rating classes5 to 8(+125 to +200) and will be determUnderwriting.
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Foresters Your Legacy Whole Life
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g y
Features
Protection BenefitsFamily Health Benefit Rider
Common Carrier Accidental Death Bene
Living Benefits Accelerated Death Benefit Rider
Subject to state availability 407325 US (04/16) For Producer Use Only
Foresters Your Legacy Whole Life
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Foresters Your Legacy Whole Life
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Smart Universal Life
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A flexible universal life product that offers lifetime protection, medical and medical underwriting and potential for cash val
accumulation
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Smart Universal Life
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Target Market
•Ages 30-50
• Middle Income Market
• Want lifetime life insurance protection
• Want cash value accumulation potential
• Want an easy application process with non-medical
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Smart Universal Life
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• Lifetime protection (to age 121)
•
Competitive Rates
• Customized coverage with valuable
riders
• Flexible coverage
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Smart Universal Life
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Non-Medical Features
• No medical exams (up to $250,000)
• Foresters relies on applicants’ answers to health & lifestyle questions to
$250,000 in coverage• No medical exam
• No blood
• No routine PHIs
• Simple application process
• Optional POS phone interview
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Foresters Smart Universal Life
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Non-Medical Issue Ages and Face Amounts
Issue Ages(age nearest )
Minimum FaceAmount
Maximum FacAmount
0-15 $25,000 $150,000
16-55 $25,000 $250,000
56-75 $25,000 $150,000
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Medical Issue Ages and Face Amounts
Issue Ages
(age nearest)
Minimum Face
Amount
0-15 $150,001
16-70 $100,000
71-75 $50,000
76-85 $25,00071-85 (preferred andpreferred plus classes)
$100,000
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Insurance Classes
Non-Medically Underwritten
Insurance Classes
Medically Underwrit
Insurance Classe
JuvenileNon-Tobacco
Tobacco
JuvenilePreferred Plus Non-TobPreferred Non-TobaccoNon-Tobacco PlusNon-TobaccoTobacco PlusTobacco
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Premiums
Minimum Modal Premium Premium Mode$25.00 Monthly
$75.00 Quarterly
$150.00 Semi-Annually
$300.00 Annually
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Surrender charges Decreasing charge for 15 years
Premium expense charge 6% of premiums paid in the first
Monthly administration deduction $12
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Definition of Life InsuranceTests
Guideline Premium Test (GPT)
Cash Value Accumulation Test (CVAT)
Death BenefitsLevel
Increasing
Grace Period61 days from the due date of the monthly ddefault
ReinstatementsCan be reinstated within 3 years of the datsubject to conditions
UnderwritingIssued Standard up to and including Table Medical
Decision ExpressOptional Point-of-Sale underwriting decisionMedical
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Smart Universal Life
Riders
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Riders
Standard Protection Benefits
Family Health Benefit Rider
Common Carrier Accidental Death Benefit Accelerated Death Benefit Rider
Living Benefits
Disability Income Rider(Accident Only)
Waiver of Monthly Deductions Rider
Extended Protection
Children’ s Term Rider
Accidental Death Benefit Rider
Guaranteed Purchase Option Rider
Subject to state availability and variations.
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Smart Universal Life
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Lifefirst Term Life
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Lifefirst Term
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A term life product that offers level premiums*, level death bennon-medical underwriting and conversion privileges
*For the initial term, exception critical illness and disability income riders
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Lifefirst Term
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• Choice of 10 , 20, 25 and 30 year term
•
Level premiums*
• Level death benefits
• Customized coverage with valuable riders
• Conversion privileges
*For the initial term, exception critical illness and disability income riders
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Lifefirst Term
• No medical exams (up to $250 000)
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• No medical exams (up to $250,000)
• Foresters relies on applicant's answers to health & lifestyle questions to o
up to $250,000 in coverage• No medical exam
• No blood
• No routine PHIs
• Simple application process
– Optional Decision Express POS phone interview
• Medically underwritten coverage available
407325 US (04/16) For Producer Use Only
Lifefirst Term
Non-Medically Underwritten Features
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Non Medically Underwritten Features
• No blood
• No HOS
• No APS
• Optional Decision Express POS phone
interview
•E-app Availability
• MIB
• Prescription History
Build Table
5’ 6” 259 5’ 7” 265
5’ 8” 274
5’ 9” 281
5’ 10” 292
5’ 11” 298
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Lifefirst Term
Non-Medically Underwritten Features
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Non Medically Underwritten Features
Term Period
20 year (ages 18-65, 60 for tobacco)
25 year (ages 18-60, 55 for tobacco)
30 year (ages 18-55, 50 for tobacco)
Face Amount
(age nearest)
Issue Age 18-55: $50,000 to $250,000
Issue Age 56+: $50,000 to $150,000
Guaranteed Level Premiums Annually increasing after initial term to a
Certificate Fee Commissionable on Non-Medical
Convertible Convertible up to the earlier of insured’ s years before expiration of the initial term
Underwriting Issued standard up to and including table
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Lifefirst Term
Medically Underwritten Features
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Medically Underwritten Features
Term Periods
10 year (ages 18-80)
20 year (ages 18-65, 60 for tobacco)
25 year (ages 18-60, 55 for tobacco)
30 year (ages 18-55, 50 for tobacco)
Face Amount (age nearest)Issue Age 18-55: $250,001+
Issue Age 56+: $150,001+
BandingBand 1: up to $999,999
Band 2: $1,000,000+
Issued Non-Tobacco ClassesStandard, Standard Plus, Preferred, P
Plus
Issued Tobacco Classes Standard, Standard Plus
ConvertibleConvertible up to the earlier of insureor 5 years before expiration of term
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Lifefirst Term
Riders
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Riders
Standard Protection Benefits
Family Health Benefit Rider
Common Carrier Accidental
Death Benefit RiderAccelerated Death Benefit Rider
Living Benefits
Critical Illness Rider (Accelerated Deat
Disability Income Rider(Accident Only & Accident and Sicknes
Waiver of Premium Rider
Extended ProtectionChildren’ s Term Rider (convertible)
Accidental Death Rider
Subject to state availability and variations
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Lifefirst Term
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Prepared Accidental Deat
Term
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Prepared Accidental Death Term
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An accidental death term product that offers level premiums, ldeath benefits, non-medical underwriting and return of premi
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Prepared Accidental Death Term
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• Accidents are the 5th leading cause of death in the United States
• Accidental death term insurance is a low cost way to protect loved ones accident strike
Source: “Death: Final Data for 2007”, National Vital Statistics Reports, Centers for Disease Control U.S. Department of Health and Human Services, May 20, 2010.
407325 US (04/16) For Producer Use Only
Prepared Accidental Death Term
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Term PeriodExpires on certificate anniversarythe insured turns age 75
Issue Ages (age last) and
Face Amounts Issue Ages 18-60: $50,000 to $
Death BenefitPaid to beneficiary if insured dies180 days from an accidental bod
UnderwritingNon-medical, no PHI or Prescriptchecks
Certificate Fee (commissionable)
Monthly: $5.50
Quarterly: $16.50
Semi-Annual: $32.00
Annual: $60.00
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Prepared Accidental Death Term
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Premiums Payable to age 75
Minimum Premiums
$10/month$30/quarterly$60 semi-annually$120 annually
Guaranteed Level Premiums
Prepared base premiums guaranchange to age 75
Disability Income rider premiumschange
Non-cancellablePrepared is non-cancellable provpays premiums on time
407325 US (04/16) For Producer Use Only
Prepared Accidental Death Term
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Living Benefit Riders
Disability Income Rider (Accident
Waiver of Premium Rider(Accident Only)
Return of Premium Rider
Subject to state availability and variations.
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Prepared Accidental Death Term
Fallback Solution for Lifefirst Level Term
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• Have client fill out “Authorization to Review & Transfer Information
• If Lifefirst application issued, Lifefirst coverage is in effect
• Lifefirst application declined, producer receives
• Notification from underwriting about decline
• If client likely eligible for Prepared, a mailing package which in
•
Instructions on how to proceed with fallback• Partially pre-filled Prepared application
• Client’ s cover letter if mailing application to client
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Prepared Accidental Death Term
Fallback Solution for Lifefirst Level Term
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• If proceeding with fallback, Producer can either
• Visit client to complete pre-filled Prepared application with clie
face
Or
• Complete Prepared application with client by phone and mail t
signature (option is not available in West Virginia or for cases
premium is to be paid by check)
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Prepared Accidental Death Term
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Support
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WebinarsAdvanced Plan
Products
Member Bene
Underwritin
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Support
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Risk AssessmenMonday – Frida
8:30 am – 7:30 pm
866-466-7166
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Support
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Sales Supp
Monday - F
8:30 AM – 7:00
866-466-7166
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Rewards
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Rewards
Pers
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Pers13 mont9 mont6 mont
3 mont
Pla
*Subject to eligibility requirements. Some restrictions apply. See our producer website for details.
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