MultiLife™

What is it?

MultiLife™, group term life insurance for group members, is for the worst case scenario. If both you and your spouse should die within the interval period, typically 180 days, of each other, the MultiLife™ death benefit can help provide for your children. It helps the guardians for your children to be able to afford to give them the things you want for them.

How does it work?

MultiLife™ covers two people with benefit amounts as high as $500,000 and interval periods available from 30 days to 365 days. It is all-risk coverage, meaning the benefit is paid for any cause of death (medical or accident) with few exceptions. There is also an optional Single Life benefit of $15,000 that can help cover the cost of a funeral other expenses in the event that one co-insured dies before the other.

Why do I need it?

You may hear or read often about two or more people dying together just from automobile accidents — never mind for other reasons. MultiLife™ can provide affordable life insurance to help protect for your loved ones who depend on you. MultiLife™ helps give you that peace of mind and provide up to hundreds of thousands of dollars of life insurance for only pennies per day.

3 Things to Know

1

It doesn’t have to be the same cause of death to receive the benefit.

2

Co-insureds are typically parents – although any two people with insurable interest may be covered.

3

Children are typical beneficiaries – although it can be anyone.

What does it cover for me?

  • Up to $500,000 of life insurance if both co-insured die within the interval period.
  • Single Life Benefit up to $15,000.

**This product and its features are subject to state availability and may vary by state. Certain exclusions and limitations may apply. For cost and complete details of coverage, please contact us or your agent. Please call the Life and Health Sales Department at 1-800-323-6907 for complete details.

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