Aflac offers term life insurance with a Return of Premium Benefit. You can apply for up to $200,000 ($100,000 for applicants over the age of 50) total coverage with Aflac. And because this is an individual life insurance policy, Aflac’s Life Protector can be yours to keep even if you change jobs.
Plan Highlights:
· 10 – Year Term Policy
· 20 – or 30 – Year Term policy With a Return of Premium Benefit
· Waiver of Premium Benefit
· Accelerated Death Benefit
In more detail:
· 10-Year Term Policy – The policy is available in face amounts from $20,000-$200,000 ($5,000 per unit). Premiums are guaranteed for the selected term option. You may convert the policy while it is in force to a whole life policy without evidence of insurability, subject to policy requirements.
· 20-Year Term Policy or 30-Year Term Policy With a Return of Premium Benefit – These policies are available in face amounts from $20,000-$200,000 ($5,000 per unit). Premiums are guaranteed for the selected term option. If the policy remains in force for the length of the selected term, we will pay you a Return of Premium Benefit based on the annualized premiums paid for the policy (not including any other attached benefit riders).
· Waiver of Premium Benefit (primary insured) – Policy premiums will be waived if you become totally disabled under the terms of the policy.
· Accelerated Death Benefit (primary insured) – Aflac will pay 50% of the face amount upon diagnosis if the primary insured is diagnosed with a terminal condition.
And your policy is portable! The policy is yours wherever you go, as long as you pay the premiums.
Optional Riders:
· Accidental-Death Benefit (primary insured only)
· Spouse 10-Year Term Life Insurance Rider (payroll sales only)
· Child Term Life Insurance Rider
*This information is for illustration purposes only and does not imply coverage. Refer to the policy and riders for complete details, limitations and exclusions.
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