Jr Special 2008[1]


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great educational tool on why Insuring children at a young age is so important

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Jr Special 2008[1]

  1. 1. Shelter Life Insurance Company The Junior Special Life Policy AUTO ● HOME ● LIFE
  2. 2. <ul><li>Provides Life Insurance coverage for your child through… </li></ul><ul><ul><li>The diaper years </li></ul></ul><ul><ul><li>The teenage years </li></ul></ul><ul><ul><li>College and possibly 4 or 5 years into their careers </li></ul></ul><ul><ul><li>Covers both natural and accidental causes of death </li></ul></ul>Why should you purchase a Jr. Special policy?
  3. 3. $20,000 term life policy Purchased through age 17 $555.00 premium one time only & it is paid until age 26. Or. . .
  4. 4. This is slightly more than $1.50 per day for only 12 months ! The policy would then be paid until the child reaches age 26. $47.18 per month for 12 months
  5. 5. What if your child becomes uninsurable before age 26?
  6. 6. Example: $20,000 plan to age 26 The child will have the option to purchase up to 5 times the face amount ($100,000) of permanent life insurance PLUS valuable Guaranteed Insurability Rider Protection at the attained age rates beginning at age 25. THERE WILL BE NO RATE UPS, regardless of health history!
  7. 7. At age 25, Shelter will make the first offer. They may purchase up to 5 times the face amount of permanent life insurance then being offered by the companies and at the insured's attained age. With the purchase of the Guaranteed Insurability Rider, additional permanent life insurance will be made available every 3 years from age 28 thru age 40.
  8. 8. At ages 28, 31, 34, 37 and 40, Shelter will offer up to 5 times the face amount. If all the conversion options are taken, the insured could obtain up to $600,000 of valuable life insurance regardless of health history!
  9. 9. At any option selected, the insured will pay the premiums for the selected amount of permanent life insurance then being offered by the Companies at the attained age.
  10. 10. If the insured marries, one option may be exercised, regardless of age. As children are born to or adopted by the insured, another option may be exercised for each child, but no more than six options may be used. Once an option is bypassed , it may not be regained. Each special option used replaces the next regular option.
  11. 11. 6 amounts available Initial Face Amount of Insurance Single Premium to age 26 $5,000 $240.00 $7,500 $292.50 $10,000 $345.00 $12,500 $397.50 $15,000 $450.00 $20,000 $555.00
  12. 12. Convenient monthly premiums are available for the first 12 months. One-time payment, Semi-Annual payments and Quarterly payments are also available. Initial Face Amount of Insurance Monthly Premium for 12 Months $5,000 $20.40 $7,500 $24.86 $10,000 $29.33 $12,500 $33.79 $15,000 $38.25 $20,000 $47.18
  13. 13. One Policy… One Premium… One Terrific Gift for Tomorrow! Let’s complete an application!
  14. 14. Thank you very much for your time and consideration. Form No. L-096.4 in Colorado, Kansas, Kentucky, Louisiana, Missouri & Nevada L-096.5 in Arkansas & Tennessee L-096.8 in Illinois Shelter Life Insurance Company Columbia, Missouri