Life
Insurance Riders
Disability
Premium Waiver
Provides
that American National will waive the premiums for this
policy if you become disabled. (Disability must be continuous
for at least six months and must begin before age 60.) (Form
LPW84)
Accidental
Death Benefit
Provides
an additional amount payable in the event of your death
as the result of an accident. (Form DAM84)
Children's
Term Rider
Insures
each child age 15 days through 18 years at issue while the
benefit is in force. Coverage on each child terminates at
age 25, but each $1,000 of coverage may be converted to
as much as $5,000 of permanent insurance without new evidence
of insurability. (Form CTR88)
Spouse
Term Rider
Insures
your spouse for a specified time. This term coverage is
convertible to a permanent life insurance policy on the
life of the spouse. (Form SARTR94)
Additional
Insurance Option Rider
Makes
it possible for you to increase the specified amount of
insurance at specified ages or events (such as the birth
of a child), and allows you to do so regardless of health,
occupation or military status. (Form GIO90)
Accelerated
Benefits Option Rider
(Not
available with term policies) Under this rider, you may
be able to receive, in advance, a part of your policy's
death benefit before you die, if you become terminally ill
(written proof will be required) and have less than 12 months
to live. The initial benefit wil be 50% of the eligible
death benefit or $250,000, whichever is less. Subsequent
accelerated benefit may be advanced to cover interest charges
or premium payment. Maximum benefit under this rider wil
be 80% of the eligible death benefits or $400,000, whichever
is less. This rider is not approved in all states. (Form
ACC91)
A two-year
suicide provision is included in policies (one year in Colorado
and North Dakota). If a policyholder commits suicide during
the first two policy years, only a refund of premiums will
be made (Missouri requires coverage for acts of suicide,
unless it can be proved that the insured intended suicide
at the time the application was completed).
The
foregoing is neither a contract nor an offer to contract,
but is a general description of benefits available under
a policy providing the benefits outlined. The exact provisions,
terms and conditions of the contract are set forth in detail
in any such policy as may be issued.
