Lifetime Coverage

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Lifetime Coverage 2016-11-10T15:10:11+00:00

Protect the life you’ve built
with Lifetime Coverage

Lifetime Coverage provides coverage for your entire life through age 100. Premiums are guaranteed to never increase, which means you won’t have to worry about future rate increases that may affect your budget. Lifetime Coverage gives you peace of mind so you can focus on building your dream life. We’ll protect you and your loved ones to help keep the dream going.

Lifetime Coverage Product Details

Product Name: Current Interest Tradition
Coverage Type: Whole Life Insurance
• Coverage Period: through age 100
• Issue Ages: 0 – 70
• Minimum Amount of Coverage: $5,000

Advantages 
• Premium payments remain level (i.e. they won’t increase).
• Coverage amount remains level (i.e. it won’t decrease over time).
• Builds cash value, from which policy loans can be taken should the need arise.
• Death benefit is given to beneficiaries free from federal income tax.

Add-ons  (Riders)
• Children’s Term Coverage provides coverage through age 23 for children who are between the ages of 0-18 at issue. They will have the right to convert to a whole life policy on their 23rd birthday.
• Accidental Death Coverage provides an additional amount of coverage if the person covered by the policy dies in an accident.
• Waiver of Premium provides coverage that will waive premiums in the event the insured becomes totally disabled.

The information presented herein is not a complete description of Federal Life’s products. For more information, including whether or not a product is approved for sale in your state, please contact a Federal Life representative.

Want to learn more?
Contact our Concierge Team

Phone: (800) 233-3750
ext. 295

Fax: (847) 520-7651

myshield@federallife.com

Email the Concierge Team

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