AMERICAN HOME LIFE: LEVEL PLANS - SUPER PREFERRED

Question 1

AHL Level Plan - Super Preferred Benefits:

Answer 1

Accidental Death = Full benefit immediately
Non-Accidental Death = All policy years - full benefit

Note: The Level Plans - Super Preferred policy can only be sold if applicant is applying or has Medicare Supplement Policy under AHHL. If existing there is an existing Medicare Supplement (MSUP) policy, it must be less no more than 6 months old.

Question 2

AHL Level Plan - Super Preferred Level Benefit Amounts

Answer 2

Level Benefit Amounts

Issue Age: 40-55 $2,500 - $50,000
Issue Age: 56-65 $2,500 - $40,000
Issue Age: 66-75 $2,500 - $30,000
Issue Age: 76-89 $2,500 - $25,000

Note: Annual policy fee $36.
Note: Age as of last birthday
Note: Maximum benefit amount varies according to the age of the applicant at the time of policy issue.

Question 3

AHL Benefit Riders (available for Level Plan only):

Answer 3

Offer a Super Preferred Rat (20% off Preferred Rate) on the base policy for individuals that have been issued an underwritten Medicare Supplement policy within the last 6 months.

1. Accelerated Death Benefit Rider
2. Accidental Death Benefits Rider
3. Children’s Term Insurance Rider

Question 4

AHL Benefit Rider (available for Level Plan only) - Accelerated Death Benefit Rider:

Answer 4

The Accelerated Death Benefit Rider pays up to 50% of the death benefit (less policy loan) if two physicians provide written certification that the insured meets the definition for a qualifying event, which is a medial condition that results in a terminal, chronic or critical illness with a life expectancy of 12 months or less.

The minimum benefit is $1,000 and the maximum benefit is $15,000. An administrative fee of $200 will be taken from the benefit amount.

Question 5

AHL Benefit Rider (available for Level Plan only) - Accidental Death Benefits Rider:

Answer 5

The Accidental Death Benefits Rider pays 100% of the base policy’s face amount for accidental death for issue ages 40
through 70.

Question 6

AHL Benefit Rider (available for Level Plan only) - Children’s Term Insurance Rider:

Answer 6

The Children’s Term Insurance Rider provides coverage for a child, stepchild, legally adopted child, grandchild, legally adoo0ted grandchild, or great grandchild, up to 9 children.

This benefit is available from $2,500 up to a maximum of $10,000 per child, in $2,500 increments. Coverage amount selected will be the same for all covered children and may not exceed the face amount of the base policy.

Issue ages begin at older than 30 days through less than 18 years old. Policy becomes convertible to a whole life policy between the ages of 22 to 25 after two years in force.

Question 7

What are the Cash Value flexibility features of the AHL Level Plan - Super Preferred Policy?

Answer 7

Cash Value Flexibility

Non-forfeiture options enable full or partial benefits or a partial refund of premiums after a lapse in coverage
due to non-payment of premiums. These options allow you to decrease your risk if your policy lapses due to
non-payment at the end of your grace period.

1. Reduced paid-up insurance
2. Extended Term insurance
3. Automatic premium loan
4. Build cash value automatically

Question 8

What is REDUCED PAID-UP INSURANCE cash-value flexibility feature:

Answer 8

Reduced paid-up insurance
This option allows your beneficiary to receive a
death benefit reduced to the amount of life insurance that can be purchased for the accrued cash
value in the policy, if any.

Question 9

What is EXTENDED TERM INSURANCE cash-value flexibility feature?

Answer 9

Extended term insurance
This option provides level term insurance for the
full death benefit amount, but for a shorter period of
time.

Question 10

What is AUTOMATIC PREMIUM LOAN cash-value flexibility feature?

Answer 10

Automatic premium loan
This option may help pay future premiums. It takes
the cash value accrued and applies it toward the
premium. If there is insufficient cash value to advance the premium as a policy loan, no automatic
premium loan will be made. Any remaining value will
be applied under the above non-forfeiture options.
You may elect the non-forfeiture option at the time of
application and at any time in writing
during your lifetime. The option is triggered when
your premium remains unpaid at the end of the
grace period and you have sufficient cash value.*
The more cash value you have in your policy at the
time the non-forfeiture option is triggered, the more
the paid-up benefit or the longer term period you will
have.

*In the early years of your policy, you may have Insufficient
cash value for reduced paid-up insurance, extended term
insurance, or automatic premium loan.

Question 11

What is BUILD CASH VALUE AUTOMATICALLY cash-value feature?

Answer 11

Build cash value automatically
Over time, you can build up a sum of money that
may be available to you if you need it. You can
borrow your cash value with policy loans exceeding
$1,000 for any reason. Annual interest rate and fees
apply.