The Junior Special Policy!
-
Upload
robmtchl -
Category
Economy & Finance
-
view
647 -
download
0
Transcript of The Junior Special Policy!
Shelter Life Insurance CompanyShelter Life Insurance CompanyThe Junior Special Life PolicyThe Junior Special Life Policy
AUTO ● HOME ● LIFEAUTO ● HOME ● LIFE
Provides Life Insurance coverage for Provides Life Insurance coverage for your child through…your child through…• The diaper yearsThe diaper years• The teenage years The teenage years • College and possibly 4 or 5 years College and possibly 4 or 5 years
into their careersinto their careers• Covers both natural and Covers both natural and
accidental causes of deathaccidental causes of death
Why should you purchase a Jr. Special policy?
$20,000 term life policy
Purchased through age 17
$555.00 premium
one time only &
it is paid until age 26.
Or. . .
This is slightly more than $1.50 per day for
only 12 months!
The policy would then be paid until the child
reaches age 26.
$47.18 per monthfor 12 months
What if your child becomes
uninsurable before age 26?
Example: $20,000 plan to age 26
The child will have the option to purchase up to 5 times the face amount ($100,000) of permanent life insurance PLUS valuable Guaranteed Insurability Rider Protection at the attained age rates beginning at age 25. THERE WILL BE NO RATE UPS,
regardless of health history!
At age 25, Shelter will make the first offer.They may purchase up to 5 times the face amount of permanent life insurance then being offered by the companies and at the insured's attained age.
With the purchase of the Guaranteed Insurability Rider, additional permanent life insurance will be made available every 3 years from age 28 thru age 40.
At ages 28, 31, 34, 37 and 40, Shelterwill offer up to 5 times the face amount. If all the conversion options are taken, the insured could obtain up to $600,000 of valuable life insurance regardless of health history!
At any option selected, the insured will pay the premiums for the selected amount of
permanent life insurance then being offered by the Companies at the attained age.
At any option selected, the insured will pay the premiums for the selected amount of
permanent life insurance then being offered by the Companies at the attained age.
If the insured marries, one option may be exercised, regardless of age.
As children are born to or adopted by the insured, another option may be exercised for each child, but no more than six options may be used.
Once an option is bypassed, it may not be regained.
Each special option used replaces the next regular option.
Initial Face
Amount
of Insurance
Single
Premium
to age 26
$5,000 $240.00
$7,500 $292.50
$10,000 $345.00
$12,500 $397.50
$15,000 $450.00
$20,000 $555.00
6 amounts available
Convenient monthly premiums are available for the first 12 months.
Initial Face
Amount
of Insurance
Monthly
Premium
for 12 Months
$5,000 $20.40
$7,500 $24.86
$10,000 $29.33
$12,500 $33.79
$15,000 $38.25
$20,000 $47.18
One-time payment, Semi-Annual payments and Quarterly payments are also available.
One Policy…
One Premium…
One Terrific Gift for Tomorrow!
Let’s complete an application!
Thank you very much for your time and consideration.
Form No. L-096.4 inColorado, Illinois, Kansas,
Kentucky, Missouri & Nevada
L-096.5 inArkansas & Tennessee
Shelter Life Insurance CompanyColumbia, Missouri