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Policy Riders
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Customize your policy to fit your
own
individual needs
 The
American Fraternal Union offers a wide range of available riders for
specific permanent plans. For instance, you can add extra coverage
for one or more children on your own policy or take advantage of waiving
the payment of your premiums in the event of disability. These
riders offer you increased insurance coverage to enhance your permanent
plan.
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Accidental
Death Benefit (ADB)
Available on 20-Pay Life, Life Paid Up at 85.
This benefit provides for additional insurance, generally equal to the
face amount of the policy, payable if death results from an accident
before age 65.
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Waiver of Premium Benefit
(WP)
Available on 20-Pay Life, Life Paid Up at 85.
This benefit provides for the waiver of the policy premium if the
insured becomes totally disabled on or before the insured reaches age
60.
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Child Term Rider (CTR)
Available on Life Paid Up at 85.
An outstanding benefit providing insurance coverage for each and every one
of your children until age 21. The annual premium for this rider is
$7.20 per $1,000 of term insurance for each child. This rider
provides term insurance payable if your child dies before the expiration
of the coverage. If the primary insured dies while this rider is in
force, the premiums for the rider are paid by the American Fraternal Union
until the rider expires. Upon termination of this rider, insurance
on each insured child may be converted to any of our whole life plans
without evidence of insurability for an amount not greater than the
child's term rider death benefit amount. |
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