Hospital Indemnity policy is not available in: CA, CT, ID, NH, or NY. Lump Sum Cancer policy is not available in: ID, NY, VA or WY.Ĭancer Treatment policy is not available in: ID, MA, MN, NH, NJ, NY, UT, or WY. Lump Sum Heart Attack and Stroke policy is not available in: ID, MA, NY, or VA. Cancer Treatment, Lump Sum Cancer, Lump Sum Heart Attack and Stroke and Individual Whole Life Insurance Policies are insured by Loyal American Life Insurance Company. For cost and complete details of coverage, contact your insurance agent/producer or the company. These policies contain exclusions, limitations, reduction of benefits, and terms under which the policy may be continued in force or discontinued. An insurance agent/producer may contact you. Product availability varies by state. Please refer to the policy for the full terms and conditions of coverage. Full terms and conditions of coverage are defined by and governed by an issued policy. It provides a brief description of the important features of the policy. This website is designed as a marketing aid and is not to be construed as a contract for insurance. THE LUMP SUM CANCER AND CANCER TREATMENT POLICIES ARE CANCER ONLY POLICIES. THIS COVERAGE IS NOT MEDICAID OR MEDICARE SUPPLEMENT INSURANCE. THIS COVERAGE DOES NOT SATISFY THE "MINIMIUM ESSENTIAL COVERAGE" OR INDIVIDUAL MANDATE REQUIREMENTS OF THE AFFORDABLE CARE ACT (ACA). THEY DO NOT CONSTITUTE COMPREHESIVE HEALTH INSURANCE COVERAGE AND ARE NOT INTENDED TO COVER ALL MEDICAL EXPENSES. THESE POLICIES PAY LIMITED BENEFITS ONLY. Discount is applied to the policy of the youngest spouse.ĥSubject to all the terms and conditions of the policy and/or rider. 3ĢBenefit amounts may vary by state and all benefits payable are subject to the terms and conditions of the policy and/or rider.ģYour policy cannot be terminated for any reason other than non-payment of premium or material misrepresentation in the application for insurance.ĤOnly available if both individuals apply at the same time. Individual rates will vary based on your state, age at time of issue, sex, tobacco status and the benefit amount you select. Premium based on the Level Benefit Plan individual rate for a female non-tobacco user in Alabama, age 55, with a $10,000 benefit amount. You must first obtain an application to obtain any coverage. State Policy Disclosures, Exclusions, Limitations, and ReductionsġRates are illustrative only. Our Terminal Illness Accelerated Benefit Rider is automatically included in this plan, at no additional charge, so that if you are diagnosed with a terminal illness, you can have additional funds to help with medical expenses or financial needs.įor those who do not qualify for coverage under the Level Benefit Plan, this Modified Benefit Plan has adjusted levels of coverage for the first two years of the life of the policy.Ĭompare the coverage for both benefit plans: Pays the full death benefit amount chosen 5 to your beneficiary upon your death. Available for ages 50-85 and can include coverage for you and your spouse.Can be tailored to your needs and budget.Both you and your spouse may apply for policies to qualify for a 5% spousal premium discount. Guaranteed premiums - your premiums will not increase.For an additional premium, you can choose to add an Accidental Death Benefit to Age 100 Rider.Policy accumulates a cash value, starting in the third year, that can be accessed by either a policy loan or cash surrender.You select a base policy with a maximum death benefit amount of $2,000 to $25,000.Pay down outstanding mortgages or other loan balances.Contribution to your grandchild’s education.Helps to provide your family the support they need to pay for your final expenses, including:.How can a Whole Life Insurance policy help you? Our Whole Life insurance policy will help provide benefits for your family after you’re gone -when they need it the most.
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