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UNIVERSAL LIFE AND LONG TERM CARE
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Product Highlights
Portable - an employee can take it with him/her at the same price if they leave the company.
Policy earns guarantee interest rate of 3%, current interest rate is 5.25%.
Chronic Illness Rider (Living Benefits) –This is the Long Term Care portion - It pays if you have severe memory or reasoning
problems or if you can’t perform at least two activities of daily living for yourself, such as dressing, bathing, eating, toileting,
continence or moving from one activity to another. Pre-existing conditions and limitations do apply to this rider.
60 day waiting period/90 day elimination period for the Chronic Illness Rider.
Chronic Illness rider is available to employees up to age of 75 years old at time of application.
Employee (up to age 80)
Spouse (up to age 65)
Children (up to age 26)
Universal Life and Long Term Care
Get Guarnteed Issue
Life and LTC
Coverage for your most precious asset.
You.
• Guarantee Issue up to $150,000
• Face Amount up to 5x salary or a maximum of $500,000
• Guarantee Issue (only if Employee signs up) of $15,000, if Evidence of Insurability (EOI)
questions cannot be answered
• Maximum Face Amount up to $100,000, if EOI questions can be answered
• $10,000/$20,000 of Term Life coverage available, as a rider attached to Employee policy
• $25,000 of Individual Universal Life coverage available