Page 32 - Aflac Flipbook 2023

AFLAC LIFE DID YOU KNOW?
Laying a loved one to rest typically costs
SOLUTIONS $11,000

WHOLE LIFE INSURANCE

or more – making it one of the biggest
expenses families face. 4

WHAT IS COVERED?

Aflac will pay 50 percent of the face amount selected if the named
insured is diagnosed with a terminal condition. The payment can help
you and your loved ones with the expenses of a terminal condition
(such as home nursing care, special equipment, and hospitalization).
This benefit will be paid only once.
ACCELERATED DEATH PAYMENT Any Accelerated Death Payment will automatically establish a lien
– PRIMARY INSURED ONLY against the policy. Aflac shall hold the lien as a debt against the
death benefit, policy benefits, cash values, any outstanding policy
loans, and/or any other policy liens in existence under the policy. Any
Accelerated Death payment amount requested will be reduced by the
amount of any due and unpaid premiums, any outstanding loan, and
the administrative charge.

OPTIONAL RIDERS

SPOUSE 10-YEAR TERM LIFE INSURANCE Aflac will pay 50 percent of the policy’s face amount up to a
RIDER (RIDER ICC1368050) (ISSUE AGES maximum of $50,000 for life insurance coverage on the named
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18–68) insured’s spouse.

Aflac will pay 25 percent of the policy’s face amount up to a maximum
of $15,000 for life insurance coverage for each insured child up to
CHILD TERM LIFE INSURANCE RIDER age 25. To become insured, the child must be at least 14 days old
5
and younger than 18 years old at the time of application. Insurance on
(RIDER ICC1368053)
each newborn child will become effective on the later of: (1) the date
the child attains the age of 14 days, or (2) the date the child is first
released from the hospital after birth.
WAIVER OF PREMIUM BENEFIT RIDER Policy premiums will be waived if you become totally disabled under
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(RIDER ICC1368054) – PRIMARY INSURED the terms of the policy. Please refer to the Limitations and Exclusions
ONLY (ISSUE AGES 18–59) for more information.

Aflac will pay an additional amount equal to the face amount selected
if your death is the result of a covered accident and occurs within 180
ACCIDENTAL-DEATH BENEFIT RIDER days of the covered accident. Also, we will pay an additional 25
(RIDER ICC1368055) – PRIMARY percent of the face amount selected if your death is the result of an
automobile accident while you were wearing an unaltered, properly
INSURED ONLY fastened seatbelt installed by the manufacturer, and you were not at
fault for the accident, according to the police report. Please refer to
the Limitations and Exclusions for more information.

4 This is How Much An Average Funeral Costs. Huffington Post, 10/17/16, https://www.huffingtonpost.com/entry/how-much-does-a-funeral-cost_us_5804c784e4b0f42ad3d264de,
Accessed 3/8/18.
5 Optional riders are not guaranteed-issue. Underwriting requirements apply.
6 Rider not available if applying for a guaranteed-issue policy.