What is minimum coverage amount with the childrens rider?
The minimum coverage amount with the childrens rider is $2,000. (1 unit)
What is the maximum coverage amount with the childrens rider?
The maximum coverage amount for the childrens rider is $20,000 (10 units).
What is the annual cost for the children's insurance rider?
The children's rider is 18.00 annually for each $2,000 worth of coverage.
How many units does the policy support?
Up to 10 units per policy.
At what ages does the children's rider cover?
The childrens rider is for children ages 0 - 25.
Can the rider be converted to term insurance after age 25?
This rider can be converted to term insurance at up to 5 times the current coverage amount as long as the coveage does not exceed $50,000.
The exchange request must be made within 31 days after the insurance under this benefit terminates. The new policy can provide term coverage from ages 25 to 65.
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