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Using your cash benefits Why Term Life Insurance might be right for you
Cash benefits provide you with Have you ever experienced a life-changing event, whether good or bad, and worried that you would
options, because you or your
beneficiary get to decide not have the finances in place to handle it if you lost your spouse?
how to use them. Perhaps it has crossed your mind, but you put it off because you did not want to think about the
Finances unthinkable. However, if you have a spouse, children, or even grandchildren, that is reason enough to
Can help eliminate the think about planning for their future today.
need to deplete savings or Here are some additional reasons to consider:
retirement plans • You can’t predict when you’ll die, whether from a disease, accidental injury or natural causes
Home If you die while your coverage is in force, Term Life Insurance can provide a lump-sum cash benefit directly to
Can help pay the your designated beneficiary
mortgage, continue
rental payments, or • You live on a budget, and purchasing traditional permanent life insurance would be costly
perform needed home Term Life Insurance is affordably priced; premium at issue is guaranteed for the first 5 policy years. After that
repairs we can increase or decrease your premium, but not more than the maximums shown in the policy
Expenses
Can help pay your family’s • You want affordable coverage that can be converted
living expenses such as Term Life Insurance allows you to convert to any individual non-term life insurance product we sell before the
bills, electricity and gas age of 65
• You’re the primary wage earner and your family would have difficulty living without your income
If you die before age 70, Term Life Insurance provides your designated beneficiary a lump-sum death benefit
• You have recurring monthly debts such as a mortgage, car payment or credit cards
Term Life Insurance provides a lump-sum death benefit that can be used to help cover monthly expenses
MyBenefits: 24/7 Access • You have children under 18, and they require money for daily living expenses such as food, clothing,
AllstateBenefits.com/mybenefits school sports and college education
An easy-to-use website that Term Life Insurance provides a lump-sum death benefit that can be used to help with such expenses
offers 24/7 access to important
information about your benefits. • Your family may need additional money to help with health care related bills after you die
Plus, you can submit and check Term Life Insurance provides a lump-sum death benefit that can be used to help cover these expenses
your claims (including claim
history), request your cash
benefit to be direct deposited,
make changes to personal
information, and more.
Benefits Issue Ages
Term Life Insurance Death Benefit - pays a lump-sum death benefit to 18-65
your designated beneficiary when you die before age 70
OPTIONAL/ADDITIONAL RIDER BENEFITS ‡ Insured Issue Ages
Accidental Death Benefit -^ an additional death benefit is paid if death 18-55
occurs as a result of an accidental injury
Total Disability Payor Waiver of Premium -^ your regularly scheduled
premiums are waived after 6 months when you suffer a total disability 18-55
before age 60
Spouse Decreasing Benefit Term -^ a death benefit is paid if your covered 18-60
spouse dies before age 70 (insured spouse's age)
Children's Term -^ a death benefit is paid when a covered child dies before 18-65
age 25 (your age)
‡ The riders listed above have exclusions and limitations, may vary by state, and may not be available in all states.
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