Foresters getting more out of life Foresters Financial and - - PowerPoint PPT Presentation
Foresters getting more out of life Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters 412397 US (04/17) Foresters is the trade name and a trademark of The Independent Order of Foresters, a
412397 US (04/17)
Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal benefjt society, 789 Don Mills Road, Toronto, Canada M3C 1T9) and its subsidiaries.
412397 US (04/15)
Foresters™ is the trade name and a trademark of The Independent Order of Foresters, a fraternal benefjt society, 789 Don Mills Road, Toronto, Canada M3C 1T9. FOR PRODUCER USE ONLY
412397 US (04/17)
Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal benefjt society, 789 Don Mills Road, Toronto, Canada M3C 1T9) and its subsidiaries.
This presentation is intended to accompany a live presentation by a licensed insurance agent. It highlights features of Foresters Advantage Plus Whole Life Insurance but does not provide full product details. Prospective purchasers should consult their licensed insurance agent details, limitations and conditions that may apply.
412397 US (04/17)
Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal benefjt society, 789 Don Mills Road, Toronto, Canada M3C 1T9) and its subsidiaries.
(to age 121)
1 Dividends are expected but not guaranteed 2 Foresters, their employees and life insurance representatives, do not provide legal or tax advice. The information given here is merely a summary of our understanding of current laws and regulations. Prospective purchasers should consult their tax or legal advisor.
412397 US (04/17)
Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal benefjt society, 789 Don Mills Road, Toronto, Canada M3C 1T9) and its subsidiaries.
It sure is! With optional coverage available, it can meet a wide range of needs3. 10- and 20-year term riders for short term needs Accidental Death Rider
coverage in case of accidental death
3 Foresters products and their riders may not be available or approved in all states. Ask your life insurance representative for the details, limitations and conditionsthat may apply.
412397 US (04/17)
Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal benefjt society, 789 Don Mills Road, Toronto, Canada M3C 1T9) and its subsidiaries.
Waiver of Premium Rider May pay your premiums if totally disabled and unable to work at your
Disability Income Rider (Accident Only) Children’s Term Rider May pay you a monthly benefjt if totally disabled and unable to work at your own occupation Provides level term life insurance coverage for each child
Foresters products and their riders may not be available or approved in all states. Ask your life insurance representative for the details, limitations and conditions that may apply.
412397 US (04/17)
Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal benefjt society, 789 Don Mills Road, Toronto, Canada M3C 1T9) and its subsidiaries.
Common Carrier Accidental Death Rider Can provide an additional death benefjt if the insured dies of accidental injuries that occurred while riding as a fare-paying passenger on a common carrier, such as a bus, plane or a train. Family Health Benefit Rider Can pay a benefjt that can be used to pay some family health expenses that may occur as a result of some natural disasters such as hurricanes, tornadoes and earthquakes.
412397 US (04/17)
Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal benefjt society, 789 Don Mills Road, Toronto, Canada M3C 1T9) and its subsidiaries.
Accelerated Death Benefit Rider4 Can cover chronic, critical and terminal illness
Why is this important?
As an example,about 80% of older adults have at least one chronic disease, and 68% have at least two5
4 Accelerated Death Benefjt Rider is subject to the terms and conditions of the applicable state rider. State variations may apply. This rider is not available for certifjcates issued with a base face amount of less than $25,000. On certifjcates where the insured’s issue age is higher than 75 or issued as sub-standard, Terminal illness, where available, will be the only eligible illness issued. The payment, due to diagnosis of an eligible illness, may be less than the acceleration amount which may be subject to a fee, an actuarial discount amount and
This product is a life insurance policy that accelerates the death benefit on account of chronic illness and is not a health insurance certificate providing long term care insurance subject to the minimum requirements of New York Law, does not qualify for the New York State Long Term Care Partnership Program and is not a Medicare supplement certificate. Receipt of the accelerated death benefjts may afgect eligibility for public assistance programs. Receipt of the accelerated death benefjts may be taxable 5 Source: http://www.ncoa.org/improve-health/center-for-healthy-aging/chronic-disease/
412397 US (04/17)
Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal benefjt society, 789 Don Mills Road, Toronto, Canada M3C 1T9) and its subsidiaries.
Available loans from the dividend cash value6 You can withdraw from the dividend cash value6
For example, to help fund you children’s education, you could use the insurance as collateral for a certifjcate loan Dividends used to purchase paid-up insurance can be withdrawn to supplement your retirement income
6 Dividends are expected but not guaranteed. Dividend withdrawals or loans will reduce the death benefjt and cash values and may afgect how long the insurancecontract is in efgect. For loans, interest is charged daily at the current Foresters U.S. variable loan rates.
412397 US (04/17)
Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal benefjt society, 789 Don Mills Road, Toronto, Canada M3C 1T9) and its subsidiaries.
Although not guaranteed, Foresters may pay dividends on Advantage Plus You have several dividend options:
guaranteed interest of 3.5%
412397 US (04/17)
Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal benefjt society, 789 Don Mills Road, Toronto, Canada M3C 1T9) and its subsidiaries.
be eligible for life insurance coverage
your premiums may be7
7 Insurability depends on answers to questions in the application and on the outcome of the underwriting review based on undewriting requirementsand guidelines.
412397 US (04/17)
Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal benefjt society, 789 Don Mills Road, Toronto, Canada M3C 1T9) and its subsidiaries.
412397 US (04/17)
Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal benefjt society, 789 Don Mills Road, Toronto, Canada M3C 1T9) and its subsidiaries.
This presentation is provided for information purposes only; it does not form part of the Foresters Advantage Plus Whole Life participating life insurance contract and is not intended to amend, alter or change any of the terms and conditions of the contract. Refer to the Foresters Advantage Plus Whole Life contract for your state for these terms and conditions, Life insurance contracts are issued by The Independent Order of Foresters, a fraternal benefjt society. Foresters Advantage Plus and its riders may not be available or approved in all states and are subject to eligibility requirements, underwriting approval, limitations and state variations. If you have questions regarding Foresters products and their riders, please contact your insurance agent. Foresters Advantage Plus and its riders are fjled under the form numbers listed below. Foresters Advantage Plus: WL-NYOl-2013 Accidental Death Rider: WL-ADR-NYOl-2011 Term Rider: WL-TR-NYOl-2012 Single Payment Paid-Up Additions Rider: WL-SPUAR-NYOl-2012 Flexible Payment Paid-Up Additions Rider: WL-FPUAR-NYOl-2012 Children’s Term Rider: WL-CTR-NYOl-2011 Guaranteed lnsurability Rider: WL-GIR-NYOl-2011 Waiver of Premium Rider: WL-WPR-NYOl-2011 Accelerated Death Benefjt Rider (for Chronic, Critical and Terminal Illness): TRAD-ABRCHCRTI-NYOl-2015 Accelerated Death Benefjt Rider (for Critical and Terminal Illness): TRAD-ABRCRTI-NYOl-2015 Accelerated Death Benefjt Rider (for Terminal Illness): TRAD ABRTI-NYOl-2015 Products underwritten by the Independent Order of Foresters.