Enhanced Mortgage Protection Features
Return of Premium pays an
endowment at the end of the level period equal to the sum
of premiums paid. If the policy is surrendered prior to the
endowment date, a portion of your premiums will be refunded.
Disability Income provides cash that can be used to make
mortgage payments for 24 months in the event of a qualified
disability.
Waiver of Premium Disability Benefit provides
for all premiums to be waived after a specified (retroactive)
elimination period in the event of a qualified disability.
Unemployment Provision waives the premium for the entire
policy, including all riders - If you become unemployed for
30 consecutive days or longer. The maximum unemployment
benefit is 6 months of waived premium.
Dependent Children’s Rider provides life
insurance coverage on each eligible child up to age 23 or
age 65 of the insured parent (if earlier). The rider
covers all children of the insured after 15 days old and
can be converted to an individual life policy for the young
adult without proof of insurability.
Accelerated Death Benefit provides for advance payment of
50% of the existing death benefit, not to exceed $250,000,
if you have become terminally ill and have a life expectancy
of 12 months or less.
Accidental Death pays an additional death
benefit up to $250,000 if the cause of death is due to an
accident.
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