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CONTACT US| PRODUCTS | LIFE INSURANCE POLICIES | EDUCATION PLANS | RETIREMENT PLANS |
| BENEFITS AND RIDERS | In case of death: Fixed Incremental |
Semi-annual amount at college age | Annual amount at age of retirement |
| Insurance coverage may be capped and remain the same or may be incremental, where the death benefit increases as the account value increases. | Benefits are paid to the planholder on the date on which studies begin.
If the policyholder dies, the beneficiaries may start receiving funds immediately. Benefits may also be paid out to beneficiaries or the designated student on the date their studies begin (based on previously recorded wishes of policyholder). |
Income is received during the retirement period specified by the plan. Retirement benefits are paid annually.
If the planholder dies, beneficiaries are protected by the immediate execution of their retirement plan. |
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| RIDERS |
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| RIDER | DESCRIPTION |
| ACCIDENTAL DEATH BENEFIT (ADB) | Additional coverage applied only in case of accidental death. |
| SPOUSE INSURANCE/ OTHER INSURED RIDER (OIR) | Coverage for an additional insured person within the same policy. Generally used for a spouse, minors and/or parents. This type of policy allows insuring another person for a minimal increase in premiums. |
| LIFE INSURANCE PROVISIONAL RIDER (LIPR) | Additional coverage for a specific period of time chosen by the customer when submitting a policy application. Allows for more coverage at a lower cost and offers a good cost/benefit relationship. |
| ACCELERATED BENEFIT FOR TERMINAL ILLNESS | A partial advance payment for coverage—while the insured is alive—in cases of verifiable terminal illness with a specific prognosis of life expectancy. This rider is free of charge for the insured. |
| PREMIUM EXEMPTION | Exemption of premium payments when the insured party is declared fully and/or permanently disabled, due to bodily injury or illness, and is unable to work. StateTrust Life will cover premium payments for the insured party and will keep the life policy up-to-date throughout the period where the insured party is disabled. Premium payment will only cover the monthly cost of the insurance policy and other expenses (savings components and extra premiums are not included). The original death coverage and values, if applicable, are not affected. |
| ACCIDENTAL DEATH (ADB) | SPOUSE INSURANCE/ OTHER INSURED (OIR) | TEMPORARY ADDITIONAL INSURANCE (LIPR) | ACCELERATED BENEFIT FOR TERMINAL ILLNESS | PREMIUM EXEMPTION | TOTAL/PERMANENT DISABILITY | |
| MINIMUM COVERAGE | $50,000 in the plan's currency. | $50,000 in the plan's currency. | $50,000 in the plan's currency. | 50% of the amount insured | The amount of exempt premiums will be equal to the premiums from the date of disability throughout the time the insured party remains disabled. | |
| MAXIMUM COVERAGE | $150,000 in the plan's currency | Equal to or less than the insured amount | Equal to or less than the insured amount | $150,000 | $250,000 | |
| SUBSCRIPTION AGE | 18-65 years | 18-65 years | 18-65 years | 18-65 years | 18-65 years | 18-65 years |
