Term Life Products Term Life insurance is temporary insurance which provides coverage for a specific period of time. The advantage of purchasing a term certificate is that it provides you with a high amount of protection at a low premium price.
Newborn Benefit Plan Issue Ages: 10-90 days
Face Amount: $5,000
Premium: $1.00
This plan provides life insurance protection to the newborn. Through this plan, parents are given more time to research the value and benefits that other Hermann Sons Life products and plans have to offer their family. The plan terminates the first day of the month that the newborn becomes 12 months of age. Eligibility requires that the newborn appear to be in good health with no serious health issues. The newborn cannot be hospitalized at the time of application.
10-Year Level Term (CT-10)
Issue Ages: 18-65 Minimum Issue: $50,000 Ten-Year Renewable Term to Age 90 Adjustable Premium Convertible to Age 70
Maximum Issue: $4,000,000
Available Riders on 10-Year Level Term Accidental Death Benefit Rider Waiver of Premium Rider This policy does have a non-commissionable certificate fee that is included in the illustration.
20-Year Level Term (CLT-20)
Issue Ages: 18-50 Minimum Issue: $50,000 Non-Renewable Convertible to Age 70
Maximum Issue: $4,000,000
Available Riders on 20-Year Level Term Accidental Death Benefit Rider Waiver of Premium Rider This policy does have a non-commissionable certificate fee that is included in the illustration.
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CLIENT RESOURCE SECTION
Revised 05/25/2023
