The Waiver of Premium benefit and applicable premium drops off at the anniversary nearest insured's age 60. Accident Indemnity provides for the payment of an additional death benefit if the insured dies as a result of accidental bodily injury, as defined in the policy. Double this additional amount if the accidental bodily injury occurs while the insured is a fare-paying passenger on a common carrier. Death must occur within 90 days from the accident and before policy anniversary nearest age 70 of the insured. Provided the insured is engaged in non-hazardous occupations.
Premiums is based on issue age and remains level thereafter.
The Accelerated Death Benefit is provided on Trendsetter and TransTerm products at no additional charge. Payment of this benefit occurs when the insured is diagnosed by a physician, after the date of issue, to have 12 months or fewer to live. A charge is ocurred if the benefit is exercised. Accelerated Death Benefit rider is not available in all states.