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Graded Whole Life _Final Expense_

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									                                                                      Graded Whole Life (Final Expense)


      Carrier                                   Plan                         Competitive Advantage                                       Key Product features                                  Important Uses
                                                                      * If death due to natural causes occurs                  * Issue ages: 40 through 80                      This is a non-participating whole life insurance
                                                                        during the first year of coverage, the                 * Face amounts: $5,000- $35,000                  policy with level, guaranteed premiums through
                                                                        benefit is limited to 40% of the face                  * Policy fee: $25, commissionable                maturity at age 121. The graded death benefit plan
                                       Graded Benefit Whole Life        amount. If death occurs during the 2nd                 * Premiums: Level, guaranteed and based          has a reduced death benefit for the first two years
                                                                        year, the benefit is limited to 75% of                   on issue class, gender and issue age.          the policy is in force.
                                                                        the face amount. After 2nd year, the                   * Payment modes: Annual, semi-annual,
"A.M. Best Company: A-"                                                 full face amount is payable.                             quarterly, monthly bank draft and list bill.

  Errors and Omissions required


                                                                      * For death due to natural causes, benefit               * Issue ages: 40 through 80                      This is a non-participating whole life insurance
                                                                        is limited to 110% of the annual premium               * Face amounts: $5,000- $25,000                  policy with level, guaranteed premiums through
                                                                        amount in year one of coverage, and 220%                 Male/Female;Selec non-tobacco, tobacco         maturity at age 121. The modified death benefit
                                      Modified Benefit Whole Life       return of the annual premium amount in                 * Policy fee: $25, commissionable                plan has a reduced death benefit for the first two
                                                                        year two of coverage. After the second                 * Premiums: Level, guaranteed and based          years of coverage.
                                                                        year, the full face amount is payable.                   on issue class, gender and issue age.
"A.M. Best Company: A-"                                                                                                        * Payment modes: Annual, semi-annual,

  Errors and Omissions required
                                                                                                                                  quarterly, monthly bank draft and list bill
                                                                      * If you have experienced health problems,               * There are no exams, no tests, no waiting       Graded Death Benefit Whole Life is a level death
                                                                        this product is designed to provide up to                 periods and processing delays.                benefit after year 2, level premium whole life
                                                                        $250,000 of life insurance coverage.                   * Insurance depends only on the answers          policy paid up to age 120. It provides cash values
                                    Graded Death Benefit Whole Life   * Coverage increases in years one and two                  to a few health questions.                     and standard non-forfeiture options such as loans,
                                                                        with full coverage starting in year three.             * Rapid decision-making process.                 paid-up insurance and automatic premium loan
"A.M. Best Company: A-"                                                                                                                                                         (APL).

  Errors and Omissions required


                                                                      * Full death benefit paid in 1st 2 years if              * Minimum Face amount: $2,000                    Non-Med;
                                                                        accidental death occurs.                               * Maximum Face amount: $25,000                   Graded Benefit;
                                                                      * Faxable application                                    * Issue ages: 25-80/45-80 (CA)                   Endows at age 121.
                                        Express Issue Whole Life      * Modal factors: Monthly (PAC): 0.093                    * Policy Fee: $50.00 (Commissionable)
                                                                        Quarterly: 0.27, Semi-Annually: 0.53                   * Underwriting categories: Non-Tobacco &
                                                                      * 16 tables issued standard                                 Tobacco.
"A.M. Best Company: A-"                                               * Simplified issue                                       * Graded Death benefit.

Errors and Omissions not required


                                                                      *   No increase of premiums                              * Issue Ages: 50-85                              This Final Expense program can help you and your
                                                                      *   No decrease of Death Benefit                         * Minimum Face Amount:                           loved ones with last expenses: medical bilss, fune-
                                                                      *   No Medical Exam                                        - Age 50-75 --> $5,000                         ral expenses, probate expenses, administrative ex-
                                                                      *   Cash Accumulation Values                               - Age 76-85 --> $5,000                         penses, and outstanding debts.
                                              Final Expense           *   Easy, short application- The application contains    * Maximum Amount/No Medical Exam                 You may choose this program to provide a donation
                                                                          only seven medical questions                           - Age 50-75 --> $25,000                        to your favorite charity or church.
                                                                                                                                 - Age 76-85 --> $15,000

  Errors and Omissions required


                                                                      * If death occurs during:                                * Adults aged 45-85 can get from $5,000 to       Not sure you have enough family protection?
                                                                        1) First certificate year- the premiums paid will be     $15,000 of coverage with NO medical exams      This plan is for clients who just want to make sure
                                                                           returned without interest.                            and rates that don't go up!                    they have it covered.
                                    Graded Death Benefit Guaranteed     2) 2nd certificate year- The Death Benefit is 50% of   * You are guaranteed this insurance if you can   With this plan, people aged 45-85 can get a little
                                               Issue Plan                  the face amount.                                      make the following statements in the app:      bit more.
                                                      3) 3rd certificate year- The Death Benefit is 75% of        1) "I am not confined to a bed, or in a hospital,
                                                         the face amount.                                             clinic, rest or convalescent home".
                                                      4) 4th certificate year or thereafter- The Death            2) " I have not been diagnosed or treated by a
                                                          Benefit is the face amount.                                  licensed medical doctor for AIDS or AIDS
                                                    * If Death in the first, second or third results directly          related complex (ARC).
                                                      from accidental bodily injury, the death benefit will
                                                      be the face amount.
  Errors and Omissions required


                                                    * Policy contains an increasing death benefit               * Durint the first TWO YEARS the Death Benefit        The Provider Plus is a simplified issue graded death
                                                      with premiums payable to age 98.                            is the sum of premiums paid to date plus 10%        benefit whole life insurance policy.
                                    Provider Plus   * Full face amount payable to your beneficiary                interest.
                                                      or the funeral home designated by your                      On and after the THIRD YEAR the Death Bene-
                                                      beneficiary.                                                fit is 100% of the face amount of the policy.
"A.M. Best Company: A"                              * Death Benefit is federal income tax free to                 If the insured dies by an accidental death in the
"Moody's Investors Service: Good"                     your beneficiary under IRS Code 101 (a).                    first 2 years, the full face amount is payable.
"Standard & Poor's: AA-"                            * Insurance proceeds generally bypass Probate               * Maximum Face Amounts:
                                                      Court if payable to a named beneficiary.                    Max Face Amounts from age 45-65: $25,000
                                                    * You may borrow the guaranteed cash value for                Max Face Amounts from age 66-70: $20,000
                                                       emergencies.                                               Max Face Amounts from age 71-75: $15,000
                                                    * Your premiums will never increase for any reason.           Max Face Amounts from age 76-85: $10,000
                                                    * Your policy cannot be cancelled because of age or         * It is important to ask and record accurately the
Errors and Omissions not required                      health, only for non-payment of premiums.                  answers to all questions on the application.

								
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