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Whole Life InsuranceThe Family Security Plan®'s Whole Life Insurance Program* offers you a way to protect your family's future in the event that you were no longer there to care for them.Highlights Include...
Whole Life Insurance Benefits**Dependent Children Term Insurance All of your dependent children can be covered for a maximum of $10,000 for as little as $.17 per day. The cost for protection will not increase, regardless of the number of children you have. This term coverage can be converted to permanent coverage that will insure your children for their entire lives. Dependent Children Whole Life Policy Another way to protect your children is to purchase each of them a Whole Life policy for only $2 a week per child. This plan provides permanent coverage while building cash value. Living Benefits Rider Under this benefit, the policy owner may access up to 75% of thepolicy's death benefit (maximum of $250,000 in most states) if a physician determines that the insured is terminally ill (life expectancy of 12 months or less). Receipt of accelerated death benefits may be taxable or may affect eligibility for public assistance programs Disability Waiver Protection This benefit pays the monthly premium in the event that the insured is totally disabled for the period specified in the policy. Related Documents*Policy Form #2093 ** Refer to your policy for details and limitations. |
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