Family Protection Plan with Critical Illness

More people are suffering from a critical illness than ever before. Chances are you have seen first hand the financial hardship that either a relative, close friend, or co-worker has had to endure during the recovery process of a critical illness. Most employee benefits plans are designed to cover specific expenses. But, The Family Protection Plan pays a one-time lump sum of 30% (25% in Michigan) of the policy benefit in cash directly to the owner — in addition to any other insurance plan the insured may have! There are no restrictions on how this benefit is used.

Term Insurance to Age 100. Offers a guaranteed level premium to age 100 and a guaranteed level death benefit for the first 10 years. After 10 years, the death benefit is projected to remain level to age 100. We do not anticipate a reduction in the future. The coverage amount cannot be individually decreased on a particular insured due to a change in age, health, or employment status.

Critical Illness Benefit pays the insured 30% of the policy coverage amount in a lump sum upon the occurrence of a heart attack, life threatening cancer, stroke, cardiac bypass, heart transplant surgery, or a terminal condition.


Employees choose the level of benefits that best meet the needs of their family.


Employee and family coverage continues with no loss of benefits or increase in cost should they terminate employment after the first premium is paid.


Individual policies can be purchased on the employee, spouse, children and grandchildren.


Policies can also be purchased for the children and grandchildren from ages 14 days through 23 years for $1.15/week for a $10,000 policy or $2.30/week for a $20,000 policy.


Premiums are taken care of simply and easily through payroll deductions.


This insurance does not require a medical exam or blood profile. Eligibility for coverage is based on a few simple health questions on the application.


Within 24 hours after receiving notice of an insured’s death, an emergency death benefit of the lessor of 50% of the coverage amount, or $10,000 will be mailed to the insured’s beneficiary, unless the death is within the two-year contestability period and/or under investigation.


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