the plans

I

The Level Plan

To qualify for a level plan, you must answer favorably to all of the health questions on the application. Each carrier has different underwriting standards for this top-tier plan.

Level Plan Features

  • Price locked in
  • Permanent coverage
  • Builds cash value
  • No medical exam
  • No waiting period

Level Plan Details

  • For ages 45 - 85
  • Coverage up to $40,000
  • Lowest priced plan 
  • Smoking & non-smoking rates
  • Phone application
  • 10 - 15 health questions

Accepted Conditions

  • Autoimmune diseases
  • Blood Disorders
  • Cirrhosis
  • Controlled diabetes
  • COPD
  • Lupus
  • Mental health  
  • Parkinson's Disease
  • Past heart issues
  • Past stroke/TIA 

II

The Graded Plan

Graded plans have more lenient underwriting, which comes with a two-year waiting period. The payout increases each year throughout the waiting period. 

Graded Plan Features

  • Price locked in
  • Permanent coverage 
  • Builds cash value
  • No medical exam
  • Two-year waiting period

Graded Plan Details

  • For ages 45 - 85
  • Coverage up to $20,000
  • Midpoint priced plan 
  • Smoking & non-smoking rates
  • Phone application
  • 6 - 10 health questions

Accepted Conditions

  • ALS
  • Huntington's Disease
  • Neuromuscular diseases
  • Neuropathy
  • + Level conditions 

Payout Structure Example 

Y1

30% Payout

Y2

70% Payout

Y3

100% Payout


III

The Modified Plan

If the insured passed away during the first two policy years, the beneficiary would receive all premiums paid plus ten percent. The full payout will be awarded after the waiting period ends. 

Modified Features

  • Price locked in
  • Permanent coverage
  • Builds cash value
  • No medical exam
  • Two-year waiting period

Modified Plan Details

  • For ages 45 - 80
  • Coverage up to $25,000
  • Highest priced plan 
  • Smoking & non-smoking rates
  • Phone application
  • 7 - 10 health questions

Accepted Conditions

  • Diabetic complications
  • Recent heart attack
  • Recent heart procedure
  • Recent kidney disease
  • Recent liver disease
  • Recent stroke/TIA
  • + Level & Graded conditions

IV

The Guaranteed Issue Plan

Guaranteed Issue (G.I.) plans ask no medical questions and approve every applicant. If the insured dies within the two-year waiting period, premiums are returned plus ten percent.

G.I. Plan Features

  • Price locked in
  • Permanent coverage
  • Builds cash value
  • No medical exam
  • Two-year waiting period

G.I. Plan Details

  • For ages 50 - 80
  • Coverage up to $25,000
  • Higher cost plan 
  • Phone application
  • No health questions

Accepted Conditions

  • AIDS/ARC/HIV
  • Alzheimer's/Dementia
  • Bedridden/Long term care
  • Current cancer
  • Continuous oxygen use
  • Defibrillator
  • Kidney dialysis
  • Hospice
  • Organ transplant
  • Terminal illness
  • + All medical conditions