Guaranteed Life Insurance

Transcription

1 Guaranteed Life Insurance Help Lift the Burden of Final Expenses from Your Loved Ones with a Gerber Life Guaranteed Life Plan The average price of a funeral can reach over 1 and, if you qualify, Social Security only provides a one-time death payment of $ If the unexpected occurs, your family pay at a time when they are suffering most from grief and loss. With the budget-minded Gerber Life Guaranteed Life Insurance policy, you can have the expenses. The plan provides up to $25,000 to help pay: Medical bills Plus, unlike term insurance, your Gerber Life Guaranteed Life Insurance policy builds that you can use if needed. (over, please) Not FDIC Insured Not Bank Guaranteed Not a Deposit or Other Bank Obligation

2 Regardless of Your Health You Can t Be Turned Down If you are a US citizen or permanent legal resident between the ages of 50 and 80, you can choose from in guaranteed life insurance from Gerber Life (total of all combined Gerber Life Guaranteed Life policies is $25,000). Plus, under current federal law, the Gerber Life Guaranteed Life tax The application process is simple and easy. exam is required and there are to answer. Your acceptance regardless of your health is. Plus your spouse (if aged 50 to 80) can get s that Never Increase Once you select the amount you need, your budgetfriendly premiums are guaranteed to for as long as you hold the policy. Even if the cost of living be paying the same premium rate, 10, 20 and even 30 years from now. the First Two Years two (2) years of coverage enables Gerber Life to any reason other than an accident all premiums plus 10% If death is due to accidental causes, the full death Gerber Life Insurance Company A Trusted Name for More Than 75 Years and shares the name that has been associated with family caring for more than 75 years. You can have Company has provided quality life insurance, especially for budgetminded families. It is our mission to be the Company parents trust to help protection for their families. Gerber Life shares in a longstanding tradition of quality and trust dating back to Gerber subsidiaries of the Nestlé Corporation, whose basic purpose is unchanged from the time of the origins of the Company in 1867, and whose business and a general concern for people. management skill and integrity, awarded Gerber Life ˆ ± ß Æø ª ± øæ± ª ºª ø ÔÚ ± ß ªª ø º ø º ± ±Æ fl ÿ øß ª ƪø ±Æ ªº ª µ Ú Ã ª ø ø ª ø ± ÔÎÙ Õ± øµ± øú Ô ªºªÆø ÃÆøºª ± ± Ú ç ªÆø Ê fl ± ªÆ Ÿ ºªÚå ª Ó Ô Ú Ó Õ± ø Õª Æ ß flº Æø ± ªæ ªÊ ÊÒÒ Ú øú ± Ú Ì ºªø æß ºª ± ߪøÆ Æ± ª ª ø ª ± ª ߪøÆ Ù ª ± ß ø ± øßøæ ª æª ª ƪ ø º ±Æ ª ± ß Ô Ù ª ø ß ºªæ ø ø ª ± ßÚ Ï Ÿ øæø ªªº ª ªº ø ø ª ª ª flœ ÃÚ ± ø º ø ± ø øæß æß ø ªÚ ªø ª ƪ ªÆ ± ª ± ß ±Æ ø ± ø º ª ± ø øß ø ßÚ ± ß ±Æ ÕªÆ ª ÔÓÛŸ ø º Ÿ ÛÔÓÚ

3 GLIC Guaranteed Life Product Overview With the Gerber Life Guaranteed Life Insurance Plan, you can have peace of mind knowing that you ve planned ahead to ease the burden of final expenses. This whole life insurance policy provides up to $25,000 to help pay medical bills, leftover debts and funeral costs. o Regardless of Your Health, You Can t Be Turned Down o If you are 50 to 80 years old, you can choose guaranteed cash benefit of $5,000 to $25,000. The application process is simple and easy. No medical exam is required and there are no health questions to answer. Your acceptance regardless of your health is guaranteed. o Your spouse, if aged 50 to 80, also can get up to $25,000 in guaranteed benefit protection. o Provides Cash Value You Can Use in an Emergency Product Details: Guaranteed Life is a graded death benefit whole life policy. If death occurs within the first two policy years for any reason other than an accident all premiums plus 10% interest shall be paid to the beneficiary. If, however, death is due to accidental causes the full death benefit will be paid. After the two-year Graded Death Benefit period, if the insured dies for any reason the full face amount of the policy shall be paid to the beneficiary. As a guaranteed issue product, there are no health questions on the application. Issues s: Policy Face Amounts: $5,000 - $25,000 State Availability: Available in 50 states/territories (Not approved in AR & MT) Sample Pricing*: 50 Year Old 60 Year Old Face Amount Male Female Male Female $5,000 $19.66 $14.53 $28.78 $23.70 $7,000 $27.16 $19.97 $39.93 $32.81 $38.41 $28.14 $56.65 $46.48 $57.15 $41.75 $84.52 $69.25 $20,000 $75.90 $55.37 $ $92.03 $25,000 $94.65 $68.98 $ $ Year Old 80 Year Old Face Amount Male Female Male Female $5,000 $44.41 $34.83 $ $76.54 $7,000 $61.81 $48.40 $ $ $87.91 $68.75 $ $ $ $ $ $ $20,000 $ $ $ $ $25,000 $ $ $ $ * rates shown above include a $1.00 policy fee and a discount for ACH payment (preauthorized checking). Please refer to the policy for limitations and exclusions that may apply. The maximum face amount is in South Dakota. Policy Form Series ICC12-GWLP and GWLP-12. Copyright 2012 Gerber Life Insurance Company, White Plains, NY A financially separate affiliate of the Gerber Products Company. All rights reserved. For Financial Professional Internal Use Only. Not to Be Used With or Distributed to the General Public. AGT-GL006 (0113)

4 Issue 1 Male Gerber Life Guaranteed Life Sample Rates* Graded Death Benefit 2 1 Female , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , premiums shown above include a policy fee and a discount for ACH (pre-authorized checking) billing. The maximum face amount is $25,000 ( in South Dakota). 2 For covered insureds there is a graded death benefit during the first two years. If death occurs within the first two policy years for any reason other than an accident, all premiums plus 10% interest shall be paid to the beneficiary. If death is due to accidental causes, the full death benefit will be paid. After the two-year Graded Death Benefit period (Year 3 and beyond), if the insured dies for any reason the full face amount of the policy shall be paid to the beneficiary ($1,000 per every $1,000 of coverage). If the insured dies by suicide within two years from the Issue Date (one year in ND), the only amount payable will be the premiums paid for the policy plus 10 %, less any debt against the policy. Issue 1 1 $5,000 to $25,000 Face Amounts Graded Death Benefit 2 Modal Factors (no ACH) Semi-annual: 5.7 x monthly Quarterly: 2.9 x monthly : / 11 ACH Modal Factors Semi-annual: / 2 Quarterly: / 4 : / 12 ACH Discount = Up to 8% *Guaranteed Life is issued in all states except AR, CA & MT. State requirements vary somewhat. Please refer to the policy for limitations and exclusions that may apply. Policy Form Series ICC12-GWLP and GWLP-12. To calculate monthly premium, multiply per thousand rate by the # of thousands of coverage Example (with ACH discount): Male; 50; Face Amount $4.09 (monthly per $1,000) x 10 ($10K) = $40.90 $40.90 x 11 = $ $11.00 (policy = $ Semi-annual: $ / 2 = $ Quarterly: $ / 4 = $ : $ / 12 = $38.41 Copyright 2012 Gerber Life Insurance Company, White Plains, NY All rights reserved. For Financial Professional Internal Use Only.Not to Be Used With or Distributed to the General Public.

5 Issue 1 Male Gerber Life Guaranteed Life Sample Rates* Graded Death Benefit 2 1 Female , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , premiums shown above include a policy fee and a discount for ACH (pre-authorized checking) billing. The maximum face amount is $25,000 ( in South Dakota). 2 For covered insureds there is a graded death benefit during the first two years. If death occurs within the first two policy years for any reason other than an accident, all premiums plus 10% interest shall be paid to the beneficiary. If death is due to accidental causes, the full death benefit will be paid. After the two-year Graded Death Benefit period (Year 3 and beyond), if the insured dies for any reason the full face amount of the policy shall be paid to the beneficiary ($1,000 per every $1,000 of coverage). If the insured dies by suicide within two years from the Issue Date (one year in ND), the only amount payable will be the premiums paid for the policy plus 10 %, less any debt against the policy. Issue 1 1 $5,000 to $25,000 Face Amounts Graded Death Benefit 2 Modal Factors (no ACH) Semi-annual: 5.7 x monthly Quarterly: 2.9 x monthly : / 11 ACH Modal Factors Semi-annual: / 2 Quarterly: / 4 : / 12 ACH Discount = Up to 8% *Guaranteed Life is issued in all states except AR, CA & MT. State requirements vary somewhat. Please refer to the policy for limitations and exclusions that may apply. Policy Form Series ICC12-GWLP and GWLP-12. To calculate monthly premium, multiply per thousand rate by the # of thousands of coverage Example (with ACH discount): Male; 50; Face Amount $4.09 (monthly per $1,000) x 10 ($10K) = $40.90 $40.90 x 11 = $ $11.00 (policy = $ Semi-annual: $ / 2 = $ Quarterly: $ / 4 = $ : $ / 12 = $38.41 Copyright 2012 Gerber Life Insurance Company, White Plains, NY All rights reserved. For Financial Professional Internal Use Only.Not to Be Used With or Distributed to the General Public.