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- Policy designed with input from customers and agents.
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Customized, flexible protection
Here are two ways a
* Elect paid-up insurance. The paid-up insurance option allows selection of higher amounts of coverage when a family's life insurance needs are at their peak (dependent children, mortgage, other debt to pay off), and then provides the option to reduce coverage when those needs decrease -- maintaining life insurance coverage with no further payments after electing the paid-up option./1,2
* Build cash value. A policy that maintains the original amount of coverage throughout the life of the policy that maximizes the policy's cash value as the policyholder ages and can allow the opportunity to provide a family legacy.
Additional benefits and options
Additional options are available to further customize the policy, including a Children's Insurance Rider, Guaranteed Purchase Option and Waiver of Monthly Deductions for Disability./3,4
In addition, each policy automatically comes with an Accelerated Death Benefit option (to be added at time of need). This benefit allows the policy owner to collect a part of the death benefit under certain conditions if the insured is diagnosed with a terminal illness./5
Regardless of life stage,
Start planning now
When it comes to life insurance protection, don't delay. Learn more from American Family about the various life insurance options that can help safeguard your family's financial future, and contact an American Family agent to begin planning and for a quote.
1 Subject to policy terms and conditions.
2 When you elect to continue this policy as paid-up insurance, no further premiums will be due, any benefit riders in force under this policy that add coverage will terminate and loans and partial surrenders are not allowed.
3 Additional coverages subject to rider terms and conditions.
4 Subject to benefit amount limitations. See policy (and rider) for additional details.
5 Exercising the Accelerated Death Benefit option may have tax consequences and could impact qualification for government benefits.
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