SafeShield® is level term insurance available in amounts from $20,000 to $350,000 with no medical exam required. Eligibility is based on your answers to the application health questions.
SafeShield® is available with a 10, 15, 20 or 30 year initial term period, and can be renewed to age 100 or converted to permanent insurance after the second policy year.
As an added benefit, an Unemployment Premium Waiver is automatically included with the policy at no additional premium, where allowed by state. Premium payments will be waived for up to six months if you become unemployed after the second policy year and collect unemployment benefits for at least four consecutive weeks.
The following riders are automatically included with the policy at no additional premium, where allowed by state.
Unemployment Premium Waiver - Premium payments will be waived for up to six months if you become unemployed after the second policy year and collect unemployment benefits for at least four consecutive weeks.
Common Carrier Accidental Death Benefit - An additional death benefit up to $250,000 is payable if you die as a result of an accidental bodily injury that occurs while you are a fare-paying passenger on a common carrier.
The following optional riders are available:
Living Benefit Riders for terminal illness, critical illness and chronic illness can be added to the policy at no additional premium. These riders allow you to receive advance payment of a portion of the policy death benefit if you suffer a covered condition.*
The Children's Insurance Rider provides level term insurance on your child, grandchild or great grandchild. Up to 20 riders may be attached to a policy. Coverage can be converted to permanent insurance at ages 22 to 25 without evidence of insurability.
The Guaranteed Purchase Option allows you to increase your coverage on option dates with no health requirements, regardless of changes to your health.
The Accidental Death Benefit Rider pays your beneficiary an additional benefit up to $250,000 if you die from an accident.
The Waiver of Premium - Disability Rider waives premium payments if you become totally disabled for more than six months.
*Receipt of accelerated benefits may affect eligibility for public assistance programs and may be taxable.
This describes Policy/Rider Form Nos. 1F612-CL, 1F613-CL, 1H841-CL, 1H906-CL, 1H907-CL, 1H908-CL, 1H915-CL, 1H916-CL, 1H931-CL, 1H932-CL and 1H934-CL or state variation. Policy/Rider specifications and availability may vary by state.