|  |  | |
Optional Life Insurance Riders
There is no such thing as too much security. That's why we offer a variety of optional insurance riders. These can be added to most policies we offer.
Waiver of Premium Benefit Rider
If for some unfortunate reason you become disabled for at least 6 months, and the disability occurs before age 60, this life insurance rider will cover your premium payments until you recover.
This insurance rider is available on most Term Life Insurance and Whole Life Insurance policies. To be eligible to add this rider to new or existing coverage, the insured must be between the ages of 15 and 55 at the time of application for Disability Waiver of Premium Rider.
Accidental Death Benefit Rider
The Accidental Death benefit rider provides additional protection for beneficiaries if the insured dies as a result of an accident. This insurance rider is available on most Whole Life Insurance and Term Life Insurance policies, up to a maximum amount of $250,000. The insured must be between the ages of 15 and 65 at the time of application for this benefit.
Spouse Rider (A spouse qualifies if he or she is between the ages of 15 and 50)
This life insurance rider covers your spouse. For married couples, it's a good choice for additional coverage without the expense of each person buying a separate insurance policy.
The spouse insurance rider is available on Whole Life Insurance, Smart Life and 20 Year Limited Payment Whole Life policies carrying the Waiver of Premium benefit. You may choose from $5,000 up to the base policy amount for a guaranteed premium that is level for 10 years. Thereafter, coverage may be renewed at a higher premium for another 10 years or until the older spouse reaches age 65.
Children's Rider (15 days-18 years)
A Children's Rider adds protection for all your children in one policy. The Children's Rider continues until the child reaches age 21 or the primary insured reaches age 65, whichever may occur first. It is available from $2,000 to $10,000, and the child must be 18 or younger when the rider is issued.
This life insurance rider is available on Whole Life Insurance policies, including 20 Year Limited Payment Whole Life. The insured parent must be between the ages of 18 and 50 years at the time of application for this benefit.
10-Year Term Rider for people ages 15-54
This insurance rider, packaged with a Whole Life Insurance or a 20 Year Limited Payment Whole Life policy, gives you the benefit of permanent insurance with the economy of Term Life Insurance. To be eligible, the insured must be between the ages of 15 and 54 at the time of application for the base coverage and this benefit. A Ten Year Term Rider cannot be added after issuance of the base coverage. If your base coverage is between $10,000 and $100,000, the rider is available in amounts equaling or exceeding the coverage, up to $100,000. If your policy is more than $100,000, the rider may equal but not exceed the base coverage. The rider can be renewed for one additional ten year term period but must expire no later than when the insured reaches age 65.
Certain additional terms and conditions may apply to all insurance riders.
How To Buy a Policy
Use Get A Quote for a fast, accurate insurance quote. Then, purchase online.
Contact SBLI USA or your agent for details on any life insurance plan or rider.
| |
|
