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Assurity Life Insurance Company was
formed in 1997 as a subsidiary of Woodmen Accident and Life, and in 2001, the
two companies were united with the century-old Lincoln Direct Life
Insurance Company, comprising the Lincoln Insurance Group.
Assurity Security Group Inc. illustrate the
companies’ financial stability for 2004 as follows:
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$2.02 billion in total assets
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$228.3 million in total surplus/capital
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$265.3 million in premium
DISABILITY PRODUCTS
AssurityBalance® Personal Disability Income
AssurityBalance® Business Overhead Expense
helps assure that a business can continue when a disabling illness or
injury occurs.
AssurityBalance® Graded Benefit Disability Income
UNIQUE RIDERS
●
Return of
Premium
●
Monthly
Disability Income
●
Monthly
Accidental Only Disability Income
Not all Assurity
products may be available in all states!
Personal Disability Income Protection 4 AssurityBalance ®
IGP-007 (2/04)
General Guidelines (may vary by state)
PRODUCT TYPE
Individual guaranteed renewable disability policy with a traditional
definition of disability.
INTENDED MARKET
Individuals 25 to 50 years old employed in blue, gray, and white collar
occupations earning from $15,000 to $50,000 annually. Small business
(under 100 employees) owners, managers, and/or employees.
ISSUE AGES
18-55 ⎯1-, 2-, 5-year and To Age 65 Benefit Periods. (For limitations
under Classes 2A and 1A, see “Available Benefit Periods”) 56-60 ⎯1-,
2-, and 5-year Benefit Periods Available to Classes 4A and 3A 1- and
2-year Benefit Periods Available to Classes 2A and 1A
PREMIUMS
Level; based on nearest age (age as of nearest birthday), Gender,
Tobacco Use, Occupational Class, Elimination Period, Monthly Disability
Benefit Amount, Benefit Period, and any Optional Benefits selected.
Non-Tobacco If no
tobacco in last 12 months.
Policy Fee
$40
Rate Increases
Premiums may only be raised on a class basis with each state’s approval.
Not all insurance products from all insurance companies are available in
all states.
Note: We do not
provide legal or tax advice. The general information presented
on various tax aspects contained in this site are not intended
to be relied upon as tax advice. Individuals should seek the
advice of a qualified tax professional regarding the taxation of
these benefits as they apply to your particular situation.
These benefits are
offered in all states except: AK, HI,
& WY. License #'s: CA: OC38446 MT: 29724 F00-0283-LC
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