Life Insurance for Life The Power of Living Benefits

Transcription

1 Life Insurance for Life The Power of Living Benefits

2

3

4 The Evolution of Life Insurance Just Death Insurance for 100+ years Life Insurance You Don t Have to Die to Use.

5

6

7 You may become Terminally or Critically Ill STROKE Every 40 seconds someone suffers a stroke. 1 HEART ATTACK Every 26 seconds someone suffers a heart attack. 2 45% of heart attack victims are under age Did You Know 3 out 4 people (75%) over the age of 40 will experience a critical illness at some point in their future American Heart Association Heart Disease and Stroke Statistics., American Heart Association. Heart Disease and Stroke Statistics, LIMRA, American Heart Association. Heart Disease and Stoke Statistics Center for Disease Control, Alliance Marketing Group, LC is an independent contractor representing National Life Insurance Company

8 You may become Terminally or Critically Ill CANCER Every 30 seconds a new cancer is diagnosed in the U.S. 1 1 in 2 men and women will be diagnosed with cancer in their lifetime. 1 Did You Know In 2010, $157 Billion was spent on Cancer Care in the US. 2 One in eight people with advanced cancer turned down recommended care because of cost Cancer Facts & The War on Cancer. LIMRA, Alliance Marketing Group, LC is an independent contractor representing National Life Insurance Company

9 Terminal Illness Accelerated Death Benefit Rider Terminal illness is determined when the insured is certified by a licensed physician as being terminally ill and is expected to die within 24 months of such diagnosis (12 months in CT, VT, PA). This rider allows the insured to accelerate up to 100% (max of $1.5 Million) of the policy s death benefit in the event of a terminal illness. Terminal illness is determined when the insured is certified by a licensed physician as being terminally ill and is expected to die within 12 months of such diagnosis. This rider allows the insured to accelerate up to 100% (max of $500,000) of the policy s death benefit in the event of a terminal illness.

10 Bathing Dressing Toileting Eating Continence Transferring Chronically ill is being unable to perform 2 of 6 activities of daily living (bathing, continence, dressing, toileting, eating, and transferring) without assistance from another person or being severely cognitively impaired for 90 consecutive days or more. Additional Info: Can accelerate 24% of death benefit annually Max lifetime benefit is 90% or $500,000, whichever is less 1 The policy must be in-force for 2 years before benefits are available Additional Info: Can accelerate 2% of db monthly or 24% annually Max lifetime benefit is $1.5 Million The policy must be in-force for 2 years before benefits are available 1 May vary by jurisdiction. *The maximum total amount of lifetime benefits for an Insured under all Critical and Chronic Illness Benefit Riders is $500,000

11 Allows the owner to access the death benefit if the insured Is critically ill Critical Illness includes heart attack, stroke, cancer, a major organ transplant, blindness, or having been diagnosed with Lou Gehrig's Disease (ALS), or end-stage renal failure. Can accelerate up to 100% of death benefit (Maximum of $1 Million) Allows the owner to access the death benefit if the insured is critically ill Critical Illness includes heart attack, stroke (does not include TIAs), Internal cancers and Melanoma, Endstage renal failure, Major organ transplant, Amyotrophic lateral sclerosis (ALS), Blindness due to diabetes or Paralysis due to loss of two or more limbs Can accelerate up to 90% of death benefit (Maximum of $500,000) *The maximum total amount of lifetime benefits for an Insured under all Critical and Chronic Illness Benefit Riders is $500,000

12 Alliance Marketing Group, LC is an independent contractor representing National Life Insurance Company

13

14

15 Lee Duncan Vice President and Chief Marketing Officer or c Samuel Howe Regional Recruiting & Training Director showe@anallianceforlife.com or c Peter Goldfine National Marketing Director pgoldfine@anallianceforlife.com or