This policy is renewable to the Insured's attained age 80.
Conversion:
This option allows the policyowner to convert the policy to any eligible permanent life insurance policy made available by the Company for conversions. The conversion may take place at any time before the end of the guaranteed level premium period and prior to the insured's 75th birthday.
Evidence of insurability is not required if the specified amount of the new policy is not greater than the original policy. The new permanent policy will be issued at the Insured's attained age in the same or closest risk classification as the original policy.
Optional Term Life Product Features
Waiver of Premium Rider:
Available with extra premium. This rider will waive your premiums in the event of Total Disability. Premiums will continue to be waived for the duration of the total disability. Issue ages are 18-55. Issue limits are up to $2,000,000 and substandard through Table C. Premiums and coverage cease at age 60. Please call or email for details, definition of Total Disability and premium rates. Actual terms and conditions contained in the rider govern all benefits provided. Policy Form 0021988NY.
Children's Insurance Benefits Rider:
Available with extra premium. This rider provides term life coverage for the Insured's Covered Children. A Covered Child is any child, stepchild, or legally adopted child of the Insured who is as least 15 days old, unmarried and a member of the Insured's household.
One unit of coverage equals $1,000 with a maximum of 5 units per household. For example, 5 units will proved each Covered Child with $5,000 of coverage. The premium is $6.00 per unit annually, regardless of the number of Covered Children.
Issue ages are 18-64 for the Insured and 15 days - 18 years for the Covered Child. Please call or email for details. Actual terms and conditions contained in the rider govern all benefits provided. Policy Form 8921218NY.
Accidental Death Benefit Rider:
Available with extra premium. This rider pays an additional death benefit if the Insured dies as a result of a bodily injury due to an accident.
Issue ages are 18 to 65. Issue limits are the face amount of the base policy, not to exceed $250,000. Premiums and coverage cease at age 70. Please call or email for details and premium rates. Actual terms and conditions contained in the rider govern all benefits provided. Policy Form 0021989NY.
Other Information
Legal Information
Empire Term Series Policy Form PL11312NY. Issuance of a policy is subject to underwriting. Coverage is subject to a two-year suicide and contestable period. If the Insured dies by suicide or if a contest is initiated within two years of the policy date and it is successful, the Company's liability will be limited to premiums paid.
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