level term insurance to age 26 Life Builder Plus Affordable protection now, permanent protection for the future

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1 level term insurance to age 26 Life Builder Plus Affordable protection now, permanent protection for the future

2 Life Builder Plus Life insurance is one of the most worthwhile and lasting gifts you can give to a child or young adult. It is a gift that can help carry them into adulthood and beyond, as well as an enduring reminder that you care about his or her future. National Mutual Benefit s Life Builder Plus policy gives you the opportunity to provide a loved one with a lifetime of insurability. Additionally, the policy can eventually earn cash value, which can be used for a variety of purposes.* Give the gift that can never be outgrown, and purchase a Life Builder Plus policy today!

3 Term Life Insurance Term life insurance is often referred to as the simplest form of life insurance. It provides affordable coverage for a specified period of time. NMB s Life Builder Plus is term life insurance that lasts until the child turns 26, at which point it automatically converts to a whole life or universal life policy and can be increased to twice its original face value. It is available for purchase up to age 21 in policy amounts of $10,000, $15,000, $25,000, and $50,000.

4 Planning for the Future Purchasing life insurance for a child while he or she is young and healthy is a great way to help establish lifelong financial stability. The child is guaranteed insurability in the future regardless of any changes in their life or health. Additionally, at age 26, the new permanent insurance goes into effect and the policy begins to accumulate cash value. Depending on the premiums paid, funds can accumulate in the policy and may be available for purposes such as: education, home improvements, retirement, or if an emergency like unemployment or disability occurs.* Preparing for the Unexpected The death of a child is emotionally and financially devastating. Make sure your family is protected from financial hardship due to the cost of funeral and related expenses should the unthinkable happen. Premium Options This policy allows you to choose between a level annual premium for the life of the policy, or a single one-time premium at the start of the policy. Simplified Application The application process for the Life Builder Plus policy is very straightforward. No medical exam is required; just complete a simplified one-page application for approval. (Issuance of the policy will depend on answers to health questions on the application.) * Cash values can be accessed through loans and/or withdrawals, but these will reduce the death benefit. In addition, withdrawals from some policies may be subject to surrender charges and could have a permanent effect on the cash value and death benefit.

5 Guaranteed Policy Conversion At age 26, this policy will automatically convert to a whole life policy of equal value. At this time, a premium credit equal to the annual premium of the current policy is applied to the new policy. If a written request is received on or within 60 days prior to the date that the original policy expires, it can be converted to up to two times the original death benefit. Any changes in health will not affect the automatic conversion or ability to increase the death benefit.

6 National Mutual Benefit People Helping People in Time of Need Established in 1902, National Mutual Benefit is a fraternal life insurance society that has a proud history of helping others. NMB provides individuals, families, and businesses with financial security through competitive life and disability income insurance programs and annuities. As a fraternal organization, we also provide our members with extra protection and security through our fraternal benefits at no additional cost. When you become a member of NMB, you have access to many opportunities and programs that can improve the quality of your life and the lives of those around you. Our members share a common bond and desire to strengthen families, improve communities, and assist others. Through local fraternal chapters, members work to make these goals a reality in a variety of different ways. A few examples include: Benefit fundraisers for individuals and families American flag donations to local non-profits Park and highway cleanups Blood and food drives Assisting seniors This brochure is an outline of benefits only and not a contract. Refer to the policy Form 0308 or 0408 for exact terms and conditions. Questions on specific matters relating to your financial situation are best answered by your own accountant or attorney. Form 1412