Protection Plus Life
Protection PLUS Life
No Medical Questions Asked
For Accidental Death – FULL / Ultimate Face Amount Paid Out In ALL years
$10,000 to $50,000 of 5 yr. Renewable and Convertible Modified Term Life – Affordable Monthly Costs are Age Banded with Modified Death Benefit in Years 1 and 2. Coverage is Renewable to Age 80 and includes many complimentary non-insured benefits / services. Term coverages Issued and Insured by LifeShield National Insurance Company
Certificate Year 1 Death Returns 120% of NET Group Term Life Premiums / Costs only. Group premium paid to LNIC for specific covered members selected option. See members policy certificate for specific monthly net Group Term Life insurance premium amount(s).
• The alternative solution to fit ANYONE’s Life Insurance needs.
• Guaranteed Issue Term Life coverage for anyone age 18 – 75**.
• Everyone qualifies and is accepted – GUARANTEED!!
What are Protection PLUS Life Plans?
- Protection PLUS Life Plans are a unique, affordable Association Membership based Benefits program that INCLUDES Guaranteed Issue Term Life Insurance PLUS many other valued added and medically related benefits for individuals and their families.
Can Anyone Join to Become a Member and Receive the Term Life Insurance Benefits?
Any individual age 18 – 75 who resides in one of the 34 open sales states and Wash DC is eligible to enroll and purchase any of the 5 available plan options. Participation & Coverage Is GUARANTEED!
No One is Declined – Everyone Is Accepted – See website for available states
What do the “5 Available Plan Options” Include?
Individuals can elect a plan option the INCLUDES $10,000 to $50,000 of Guaranteed Issue 5 – Year Renewable Term Life Insurance. The Term Life Coverage is for the Primary Members. Each Members entire family (spouse, partner & dependent family members under age 25) can access / use the many other Discount Benefits & Services INCLUDING discount Dental, Vision, Hearing, Prescription Saving card and much, much more. All Protection PLUS Life plans auto-renew after each 5 – Year Term cycle to Age 80.
How Much Does a Protection PLUS Plan Cost?
Protection PLUS monthly plan costs are based on the primary members / applicant’s age and the plan option elected. These costs are “Age Banded” (Ages 18 – 34 / Age 35 – 44, etc.) with the Monthly Costs locked in 5 – Year Term cycles. At the end of the initial 5 Year Term – the members package & Term Life coverage will automatically renew for another 5 – Year Ter cycle based on their age at time of renewal.
Can I be Declined or Denied Coverage with Protection PLUS Life membership plans?
Will I Have to Answer Medical Questions or Take an Exam to Qualify?
Can a Husband or Wife Purchase This Program for their Spouse?
This rider waives a certain amount of the premium, as stipulated on the data page that accompanies the policy. These waived premiums are considered to be paid premiums and are credited to the insurance policy. This amount may not keep the policy active to the policy maturity date. The insured must provide proof of total disability that has continued for at least six consecutive months.
Do Members Individuals Term Life Coverage & Benefits go into Effect Immediately?
- Accidental Death Pays 100% of Death Benefit in ALL Years
• Certificate – Policy Year 1 – 120% Return of Insurance Paid (Months 1 – 12)
• Certificate – Policy Year 2 – 20% of Selected / Ultimate Face Amount (Months 13 – 24)
• Certificate – Policy Year 3 to AGE 80 – FULL Death Benefit / Ultimate Face Amount Paid
Please see sales website, Protection PLUS Brochure or Policy Certificate for complete details.
Do Members Need to Activate Their Discount Dental – Vision – Rx Savings Benefits.
What if I change my mind and want to cancel my membership and Term Life coverage?
All Protection PLUS Members have a 30 – Day FREE Look period as part of their package. If for ANY Reason a member wishes to cancel – they will receive a refund of any costs paid (NOT INCLUDING the One-Time Enrollment / App Fee) to that date. Cancellations received AFTER the 30-Day Free Look period will be returned on a case be case basis for unused membership dues, costs, Insurance premiums.
Does My Monthly Cost Cover All Membership Dues and Life Insurance Premiums?
Do I need To Be Employed or Working to Participate?
NO – employment IS NOT required to participate or Join as a Protection PLUS Member. Individuals need only reside in a Valid / Open Sale State and have a valid method of payment to participate.