TERMS
AND CONDITIONS
LINCOLN BENEFIT LIFE
| PREMIUMS: | Premiums are guaranteed to be level for 10, 15, 20, or 30 years then increase annually thereafter. | ||||||||||||
| ISSUE AGES: | Level Best Ten:
18-75 Level Best Fifteen: 18-65 Level Best Twenty: 18-60 Level Best Thirty: 18-50 (Preferred Elite, Preferred Plus, Preferred Non-Tobacco, Standard Nonsmoker) 18-45 (Preferred Smoker and Standard Smoker) |
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| MINIMUM POLICY SIZE: | $100,000 for all ages | ||||||||||||
| POLICY FEE: | $75 Annually
for $100,000 - $249,999 face amounts $60 Annually for $250,000 face amounts and above |
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| MODAL FACTORS: | |||||||||||||
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Automatic deduction methods include pre-authorized check, payroll deduction, etc.
BENEFITS AVAILABLE:
The following benefit riders may be added to this policy. Check with the
home office for current rider state approvals.
ADDITIONAL INSURED
RIDER (FORM LR-9851):
This rider provides additional term insurance on the insured's spouse.
It remains in force for the life of the coverage with the same conversion
privileges as the base policy as long as the base policy remains in force.
There is a "special conversion privilege" so that the insured
under the rider can convert to another level term plan or a permanent
plan at that time if the base policy terminates due to death or divorce.
Rider rates are identical to the base policy rates.
WAIVER OF PREMIUM
(FORM LR-8003):
Available for ages 18-55. This benefit is allowed for premium amounts
up to $10,000. For premiums greater than $10,000, this benefit is not
allowed. The rider terminates on the policy anniversary when the primary
insured's attained age is 60. Premiums for the rider follow the same pattern
as the base policy (i.e., level for 10,15, 20 or 30 years, then annually
increasing thereafter).
ACCELERATED DEATH
BENEFIT RIDER (FORM UL 9455)
This rider provides for the payment of up to 50% of the death benefit
in effect, or $250,000 if less, if the insured is diagnosed with a terminal
illness. "Terminal Illness" means the insured has a medical
condition that, notwithstanding appropriate medical care, will result
in death within 12 months. There is no additional cost to have this rider
attached to a certificate. This rider is not approved in all state.