10 YEAR RENEWABLE AND CONVERTIBLE TERM
 PLAN
DESCRIPTION
A level death benefit policy with level premiums payable for renewable
10 year periods.
POLICY SIZE-BANDING
Minimum policy size is $25,000 with two premium bands:
Band 1 - $25,000 - $99,999
Band 2 - $100,000 and above
ISSUE AGES
Ages 15 to 64, as of last birthday.
PREMIUMS
Premiums are designed to be level for each ten year term of insurance.
Current rates for basic coverage are guaranteed for one policy year.
Therefore, the Company intends to charge the current rate but may lower
or raise rates to the guaranteed maximum.
POLICY FEE
$50.00 included annually in the gross premium.
PREMIUM CLASS
Non-smoker and smoker. Substandard premiums are offered by the Home
Office when appropriate for the risk.
PREMIUM MODE FACTORS
Premiums can be paid annually, semi-annually, quarterly, monthly coupon, or monthly bank draft.
PREMIUM MODE FACTORS
Premiums can be paid annually, semi-annually, quarterly, monthly coupon, or monthly bank draft.
RENEWABILITY
This policy renews every 10 years, without evidence of insurability,
by payment of the new attained age premium. In no event will coverage
extend beyond age 73.
CONVERTIBILITY
The policy may be converted to any PERMANENT WHOLE LIFE plan of insurance
without evidence of insurability on or before the policy anniversary
when the insured is age 65.
BENEFITS AVAILABLE
Waiver of Premium for Disability, Accidental Death and Children's Term Rider.
If you would like to speak to someone personally, you can call 1-800-392-2202
to find the agent(s) in your area of Texas.
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