Mortgage Term Comparison |
Products |
|
|
Issue Ages |
20-60
Age last birthday
|
18-55
Age last birthday |
Mortgage
Eligibility |
Mortgage or Refinance
during the last 2 years. |
Mortgage or Refinance
during the last 5 years. |
Guarantee |
Two premium options;
5 Year Guarantee,
Full Term Guarantee |
15 Yr -Guaranteed full term
30 Yr -Guaranteed 5 years |
Min/Max
Face Amount |
25K - 500K |
50K - 500K |
Term |
15 Yr. 20-60
20 Yr. 20-55
25 Yr. 20-50
30 Yr. 20-60 |
15 Yr. 18-55
30 Yr. 18-50 |
Convertible |
During the term period or to age 65,
whichever occurs first. |
No |
Underwriting
Class |
Unisex Rates
Std. NT , Std. T .
Accept/Reject to table 6
|
Male and Female Rates
Std. NT / Std. T. |
Underwriting |
Simp. Und . 25K - 250K
Salliva Test 250,001 -350K
Fully Und. 350,001 - 500K |
Simp. Und. 50K - 200K
Fully Und. 200,001 - 500K |
Standard
Contract
Provisions |
Accelerated Benefit
Involuntary Unemployment W.P. |
Accelerated Benefit
Unemployment Provision
Installment DB
Critical Illness (extra 10% for covered illness) |
Key Riders |
ROP / base & riders, WP
Disability Income
Additional Insured
Children's Term
Accidental DB
|
ROP / base & riders, WP
Disability Income
Additional Insured
Children's Term
Accidental DB |
Policy Fees |
$80 |
$60 |
Commission on
Policy
Fee |
Yes |
Yes |
Special
Features |
Convertible to other permanent Americo products. Unique 25 Yr. term period. |
5 Year look back for mortgage eligibility. Best rates for females. |
Product Information |
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