Our whole and term life products are graded death benefit policies. These two products are designed to provide a permanent or term life insurance plan for individuals capable of employment, even those who have been declined or rated by other companies.

Plan Details

Graded Benefit Whole Life

• Whole life insurance policy
• No routine medical requirements such as a paramedical exam or APS 
• Issue ages: 20-80 
• Must complete an application with health questions to qualify

Graded Benefit Term 

• Renewable term policy
• Convertible to whole life through age 64
• No routine medical requirements such as a medical exam or APS
• Issue ages: 20-70 
• Must complete an application with health questions to qualify

What does “graded death benefit” mean?

A graded death benefit policy means that the death benefit in the first three policy years is less than the full amount applied for.

The first year death benefit is equal to the amount shown in the death benefit table. In years two and three the death benefits increases (“grades”) until in the fourth year it equals the full amount.  

NOTE: Not all of our products are available in all states where we are licensed. The plans have exclusions, limitations and terms under which the plan may be continued in force. Availability, features, benefits and options may vary by state. Please call the Life and Health Sales Department at 1-800-323-6907 for complete details.