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

Available Riders on 10-Year Level Term

Accidental Death Benefit Rider

Waiver of Premium Rider

Maximum Issue: $4,000,000

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

Available Riders on 20-Year Level Term

Accidental Death Benefit Rider

Waiver of Premium Rider

Maximum Issue: $4,000,000

This policy does have a non-commissionable certificate fee that is included in the illustration.

Questions for an Annuity Interested Client

Is the money coming from an existing qualified annuity or pension plan?

If yes, start the application for the most suitable annuity.

If no, What is the plan for the money? If for beneficiary or final expenses, is the SAFE Plan a better choice?

ROTH IRA After-tax dollars No income deduction Earned income required No taxation at withdrawal for qualified distributions. No RMD Deposits allowed after age 70 ½ See Insert C

If for retirement, start discussing annuity options.

Traditional IRA Generally, the following provisions apply:

• Before-tax dollars

• Income deduction

• Earned income required

• Principle and interest taxed at withdrawal

• RMD at the age of 70 ½

• No deposits after age 70 ½ See Insert B

For a SEP or Inherited IRA contact the Home Office

Non-qualified Annuity After-tax dollars No earned income requirements Interest taxed at withdrawal Deposit limits set only by HSL See Insert A