Products and Services
Single Payment Whole Life
| Plan Description: |
Single payment of premium required. Death benefit payable
at Insured’s death prior to maturity date (policy anniversary following
100th birthday). Net cash value payable on maturity date if Insured
is then living. |
Rates:
Nonsmoker/Smoker
Male/Female
|
Separate schedules are provided for nonsmokers (both males and females)
and smokers (both males and females). To qualify for nonsmoker rates
the applicant may not have used tobacco products in the past 12 months. |
| Issue Age: |
25-80 (ALB) |
Face Amounts:
(Min. & Max.)
|
Minimum - $500;
Maximum in Missouri and Kansas - $25,000; maximum in Iowa - $10,000 |
| Policy Fee: |
$100. Fee is the same, regardless of face amount or issue age. |
| Application: |
The application to be used is Form 106-80A 020806. Conditional Coverage
Receipt Form CCR 02-06 is to be given for cash received with the application. |
| Substandard: |
This plan will not be issued at sub-standard rates. Applicant will
either be accepted or rejected at standard rates. |
| Riders: |
No supplementary benefit riders may be attached to this plan. |
| Withdrawals: |
Partial withdrawals or surrenders of cash values are not permitted;
however, policy loans are available. |
| 21 Day Refund: |
Interest sensitive life products contain a 21- Day Right to Examine
Policy and to request a full refund of premium. This differs from
the period used in other policies. |
| Non-Medical Limits: |
Non-medical limits for the Interest Sensitive Single Payment Whole
Life Policy are $6,000 for issue ages 45-60 and $5,000 for issue ages
61-80. However, this will not preclude the company from obtaining
medical records or attending physicians statements or from requiring
a medical examination in any individual case, where deemed necessary
to properly evaluate the risk.
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|
3 Payment Whole Life
| Plan Description: |
Death benefit payable at Insured’s death prior to maturity
date (policy anniversary following 100th birthday). Net cash value
payable on maturity date if Insured is then living. Premiums payable
for three years. |
Rates:
Nonsmoker/Smoker
Male/Female
|
Separate schedules are provided for nonsmokers (both males and females)
and smokers (both males and females). To qualify for nonsmoker rates
the applicant may not have used tobacco products in the past 12 months. |
| Issue Age: |
25-80 (ALB) |
Face Amounts:
(Min. & Max.)
|
Minimum - $500;
Maximum in Missouri and Kansas - $25,000; Maximum in Iowa - $10,000 |
| Policy Fee: |
$16 Annual; $8.08 Semi-Ann; $4.06 Qtly; $1.36 Mo; per policy. |
| Application: |
The application to be used is Form 106-80A 020806. Conditional Coverage
Receipt Form CCR 02-06 is to be given for cash received with the application.
All health questions must be answered by (and the application must
be signed by) the proposed insured. |
| Substandard: |
This plan will not be issued at sub-standard rates. Applicant will
either be accepted or rejected at standard rates. |
| Riders: |
No Supplementary Benefit Riders may be attached to this plan. |
| Withdrawals: |
Partial withdrawals or surrenders of cash values are not permitted;
however, policy loans are available. |
| 21 Day Refund: |
Interest Sensitive Life products contain a 21- Day Right to Examine
Policy and to request a full refund of premium. This differs from
the period used in other policies. |
| Non-Medical Limits: |
Non-Medical Limits for the Interest Sensitive Three Payment Whole
Life Policy are $6,000 for issue ages 45-60 and $5,000 for issue ages
61-80. However, this will not preclude the company from obtaining
medical records or attending physicians statements or from requiring
a medical examination in any individual case, where deemed necessary
to properly evaluate the risk.
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|
5 Payment Whole Life
| Plan Description: |
Death benefit payable at Insured’s death prior to maturity
date (policy anniversary following 100th birthday). Net cash value
payable on maturity date if Insured is then living. Premiums payable
for three years. |
Rates:
Nonsmoker/Smoker
Male/Female
|
Separate schedules are provided for nonsmokers (both males and females)
and smokers (both males and females). To qualify for nonsmoker rates
the applicant may not have used tobacco products in the past 12 months. |
| Issue Age: |
25-80 (ALB) |
Face Amounts:
(Min. & Max.)
|
Minimum - $500;
Maximum in Missouri and Kansas - $25,000; Maximum in Iowa - $10,000 |
| Policy Fee: |
$16 Annual; $8.08 Semi-Ann; $4.06 Qtly; $1.36 Mo; per policy. |
| Application: |
The application to be used is Form 106-80A 020806. Conditional Coverage
Receipt Form CCR 02-06 is to be given for cash received with the application.
All health questions must be answered by (and the application must
be signed by) the proposed insured. |
| Substandard: |
This plan will not be issued at sub-standard rates. Applicant will
either be accepted or rejected at standard rates. |
| Riders: |
No supplementary benefit riders may be attached to this plan. |
| Withdrawals: |
Partial withdrawals or surrenders of cash values are not permitted.
Policy loans, however, are available. |
| 21 Day Refund: |
Interest Sensitive Life products contain a 21- Day Right to Examine
Policy and to request a full refund of premium. This differs from
the period used in other policies. |
| Non-Medical Limits: |
Non-medical limits for the Interest Sensitive Three Payment Whole
Life Policy are $6,000 for issue ages 45-60 and $5,000 for issue ages
61-80. This will not preclude the company, however, from obtaining
medical records or Attending Physicians Statements or from requiring
a medical examination in any individual case, where deemed necessary
to properly evaluate the risk.
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|
8 Payment Whole Life
| Plan Description: |
Death benefit payable at Insured's death prior to maturity
date (policy anniversary following 100th Birthday). Net cash value
payable on maturity date if Insured is the living. Premiums payable
for eight years. |
Rates:
Nonsmoker/Smoker
Male/Female
|
Separate schedules are provided for nonsmokers (both males and females)
and smokers (both males and females). To qualify for nonsmoker rates
the applicant may not have used tobacco products in the past 12 months. |
| Issue Age: |
25-70 (ALB) |
Face Amounts:
(Min. & Max.)
|
Minimum - $500;
Maximum in Missouri and Kansas - $25,000; Maximum in Iowa - $10,000 |
| Policy Fee: |
$16 Annual; $8.08 Semi-Ann; $4.06 Qtly; $1.36 Mo; per policy |
| Application: |
The application to be used is Form 106-80A 020806. Conditional Coverage
Receipt Form CCR 02-06 is to be given for cash received with the application.
All health questions must be answered by (and the application must
be signed by) the proposed insured. |
| Substandard: |
This plan will not be issued at sub-standard rates. Applicant will
either be accepted or rejected at standard rates. |
| Riders: |
No supplementary benefit riders may be attached to this plan. |
| Withdrawals: |
Partial withdrawals or surrenders of cash values are not permitted.
Policy Loans, however, are available. |
| 21 Day Refund: |
Interest Sensitive Life products contain a 21- Day Right to Examine
Policy and to request a full refund of premium. This differs from
the period used in other policies. |
| Non-Medical Limits: |
Non-medical limits for the Interest Sensitive Eight Payment Whole
Life Policy are $6,000 for issue ages 45-60 and $5,000 for issue ages
61-70. This will not preclude the company, however, from obtaining
medical records or attending physicians statements or from requiring
a medical examination in any individual case, where deemed necessary
to properly evaluate the risk.
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|
Golden Years 20 Pay Life
| Plan Description: |
Face amount payable upon death at any time. Premiums
payable for 20 years or until prior death. |
| Issue Age: |
0-80 |
Minimum Amount:
|
$500 |
| Maximum Amount: |
$9,900. ($4,900 for issue ages 0-20) |
| Premiums: |
Monthly bank draft premiums per $1,000. Premiums for larger amounts
are directly proportionate. Premiums for modes other than monthly
are multiples of monthly premium. For direct billing, calculate the
bank draft premium for appropriate mode; then add a charge of .50
cents. |
| No Riders: |
No riders are available with this policy.
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|
Golden Years 10 Pay Life
| Plan Description: |
Face amount payable upon death at any time. Premiums
payable for 10 years or until prior death. |
| Issue Age: |
0-85 |
Minimum Amount:
|
$500 |
| Maximum Amount: |
$10,000 |
| Premiums: |
Monthly Bank Draft premiums per $1,000 shown. Premiums for larger
amounts are directly proportionate. Premiums for modes other than
monthly are multiples of monthly premium. For direct billing, calculate
the bank draft premium for appropriate mode; then add a charge of
.50 cents. |
| No Riders: |
No riders are available with this policy.
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|
Guaranteed Issue Single Premium Group Whole Life
| Plan Description: |
Single payment of premium required. Death benefit payable
at Insured’s death prior to maturity date (policy anniversary following
100th birthday). Net cash value payable on maturity date if Insured
is then living. |
| Rates: |
Rates are unisex, unismoke. |
| Issue Age: |
25-99 (ALB) |
Face Amounts:
|
Minimum - $500 Maximum - $15,000 |
| Application: |
The application to be used with this policy is Form 112-80A. Conditional
Coverage Receipt Form CCR 02-06 is to be given for cash received with
the application. There are no health questions or substandard ratings. |
| Riders: |
No Supplementary Benefit Riders may be attached to this plan. |
| Withdrawals: |
Partial withdrawals or surrenders of cash values are permitted.
Policy loans are also available. |
| 30 Day Refund: |
This plan contains a 30-day Right to Examine Certificate and to
request a full refund of premium. This period may differ from the
period used in other policies. |
| Proceeds: |
Death benefit during first six months vary by issue age according
to the following schedule. Thereafter, it is the Ultimate Face Amount
(UFA). No accidental death benefits are available on the Single
Premium Plan.
|
Issue Age
|
Percent of UFA
|
|
25-35
|
48%
|
|
36-50
|
60%
|
|
51-70
|
74%
|
|
71-80
|
93%
|
|
81-99
|
95%
|
|
Optional Ultimate Face
Amount Increase: |
The company, at its option, may annually adjust the 3% growth factor
associated with this policy. It is important to remember that once
issued a policy will retain its “at issue” growth factor for its duration.
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Guaranteed Issue Three Pay Group Whole Life
| Plan Description: |
Death benefit payable at Insured’s death prior to maturity
date (policy anniversary following 100th birthday). Net cash value
payable on maturity date if Insured is then living. Premium payable
for three years. |
| Rates: |
Rates are unisex, unismoke. |
| Issue Age: |
25-80 (ALB) |
Face Amounts:
|
Minimum - $500 Maximum - $15,000 |
| Application: |
The application to be used with this policy is Form 112-80A. Conditional
Coverage Receipt Form CCR 02-06 is to be given for cash received with
the application. There are no health questions or substandard ratings. |
| Riders: |
No Supplementary Benefit Riders may be attached to this plan. |
| Withdrawals: |
Partial withdrawals or surrenders of cash values are permitted.
Policy loans are also available. |
| 30 Day Refund: |
This plan contains a 30-day Right to Examine Certificate and to
request a full refund of premium. This period may differ from the
period used in other policies. |
| Proceeds: |
|
Policy |
Benefits as a percent of
Ultimate Face Amount |
|
Year |
Death |
Accidental Death |
| 1 |
50% |
50% |
2 & after |
100% |
None |
|
Optional Ultimate Face
Amount Increase: |
The company, at its option, may annually adjust the 3% growth factor
associated with this policy. It is important to remember that once
issued, a policy will retain its “at issue” growth factor for its
duration.
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Guaranteed Issue Five Pay Group Whole Life
| Plan Description: |
Death benefit payable at Insured’s death prior to maturity
date (policy anniversary following 100th birthday). Net cash value
payable on maturity date if Insured is then living. Premium payable
for five years. |
| Rates: |
Rates are unisex, unismoke. |
| Issue Age: |
25-80 (ALB) |
Face Amounts:
|
Minimum - $500 Maximum - $15,000 |
| Application: |
The application to be used with this policy is Form 112-80A. Conditional
Coverage Receipt Form CCR 02-06 is to be given for cash received with
the application. There are no health questions or substandard ratings. |
| Riders: |
No Supplementary Benefit Riders may be attached to this plan. |
| Withdrawals: |
Partial withdrawals or surrenders of cash values are permitted.
Policy loans are also available. |
| 30 Day Refund: |
This plan contains a 30-day Right to Examine Certificate and to
request a full refund of premium. This period may differ from the
period used in other policies. |
| Proceeds: |
| Policy |
Benefits as a percent of
Ultimate Face Amount |
| Year |
Death |
Accidental Death |
| 1 |
50% |
50% |
2 |
70% |
30% |
3& after |
100% |
None |
|
Optional Ultimate Face
Amount Increase: |
The company, at its option, may annually adjust the 3% growth factor
associated with this policy. It is important to remember that once
issued, a policy will retain its “at issue” growth factor for its
duration.
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Single Premium or Flexible Premium Deferred Annuity
| Plan Description: |
The death benefit is payable at annuitant’s death prior
to maturity date (policy anniversary on or before age 110). Income
is payable on the maturity date. The Annuity Fund Value is payable
at any time prior to maturity date. |
| Current Interest Rates: |
The interest rate currently credited to the Annuity Fund Value is
5%. The company, at its option, may adjust the current interest rate
paid on all contracts regardless of their age. |
| Rates: |
No minimum amount required with application. Premium payments are
random. |
| Issue Age: |
0-99 (age nearest birthday) |
| Application: |
Form 109-80A DA Rev. 6-13-05. There are no health questions or substandard
ratings. |
| Riders: |
No Supplementary Benefit Riders may be attached to this plan. |
| Partial Surrenders: |
Partial withdrawals or surrenders of the Annuity Fund Value are
permitted. Policy loans are not permitted. |
| 20 Day Refund: |
This plan contains a 20-day right to examine the contract and to
request a full refund of premium. This period differs from the period
used in other policies.
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|
Ratebook 20 Pay Life
| Plan Description: |
Face amount payable upon death at any time. Premiums
payable for 20 years or until prior death. |
| Issue Age: |
0-75 |
Minimum Amount:
|
$10,000 |
| Discount for Size: |
$4.00 annually per $1,000 on amount in excess of $4,000. See rate
page for other modes of payments. |
| Available Riders: |
Waiver of Premium, Pay or Waiver of Premium, Double Indemnity, Home
Protector, and Guaranteed Purchase Option.
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|
Life Paid-Up At Age 95
| Plan Description: |
Face amount payable upon death at any time. Premiums payable to
age 95 or until prior death.
|
Smoker/Non-Smoker:
|
Separate rate schedules are provided for smokers and
non-smokers. To qualify for non-smoker rates the applicant may not
have used tobacco products in the past 12 months. |
| Issue Ages: |
20-80 (age last birthday) |
| Minimum Amount: |
$5,000 |
|
Discount for Size and direct billing:
|
The rate schedules show monthly bank draft premiums per "$5,000
Policy" (minimum amount) for both smokers and non-smokers. Premiums
are also shown for "each additional $1,000", at a reduced
rate per $1,000. Where direct billing is requested, each payment will
be increased by 50 cents. |
| Application: |
Application Form 80-APP Rev. 03-03 (or any subsequent replacement
thereof) must be used. Agents must also give the customary Conditional
Coverage Receipt (Form CCR-80) for premiums collected. However, for
amounts exceeding $100,000 (including existing coverage with CRI),
no money should be collected. |
| Available Riders: |
Waiver of Premium and Guaranteed Purchase Option riders are not
available with the LP95 plan since they would require a dual rate
structure for Smokers/Non-Smokers. Double Indemnity Accidental Death
riders can be added at the following rates per $1,000:
Ages 20-40: Annual $2.00; SA $1.02; Qtly $.51; Monthly $.17
Ages 41-55: Annual $2.50; SA $1.28; Qtly $.64; Monthly $.22
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|
CV-100-PLUS
| Plan Description: |
Face amount payable upon death at any time. Premiums payable to
age 65 or until prior death.
|
| Issue Ages: |
0-50 (age last birthday) |
| Minimum Amount: |
$2,500 |
|
Application:
|
Application Form 80-APP Rev. 03-03 (or any subsequent replacement
thereof) must be used. Agents must also give the customary Conditional
Coverage Receipt (Form CCR-80) for premiums collected. However, for
amounts exceeding $100,000 (including existing coverage with CRL),
no money should be collected. |
| Available Riders: |
Waiver of Premium, Double Indemnity, Guaranteed Purchase
Option, and Home Protector riders may be included in CV-100-PLUS. |
| Special Features: |
Cash values are never less than the total of "standard"
policy premiums paid (excluding any "substandard" premiums
and any premiums paid for supplementary benefit riders attached
to the policy).
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|
