The tools to survive . . . N O -

Transcription

The tools to survive . . . N O -
The tools to survive . . .
Rapid Decision Express
Rapid Decision
Mortgage Term
Rapid Decision
Universal Life
N
O
N
M
E
D
Rapid Decision
Senior Life Term
Rapid Decision
Senior Life
Whole Life
Accidental
Death Benefit
. . .with the Speed to thrive!
Policy approval in as little as 24 hours!
Cutting-edge non-med products, technology and service
Innovation Is Our Policy
®
www.FidelityLife.com
For Agent Use Only. Not for Distribution to the Public
M1100 01/2013
For Producer Use Only, Not for
Distribution to the General Public.
Rapid Decision Express
Issue Limits (Age last birthday)
Product Features
• Level death benefit term life insurance
renewable to age 95
• Expires on the policy anniversary following
the insured’s 95th birthday
• Choice of 10, 15, 20 or 30 year initial
guaranteed level premium term periods
• Guaranteed annual renewable term (ART)
rates after initial level term until expiry
Premium classes available
• Male/Female
• Standard Non-Nicotine
• Standard Nicotine
Term
Issue Age
Minimum
Maximum
10-year
18–65
$25,000
$250,000
15-year
18–60
$25,000
$250,000
20-year
18–55
$25,000
$250,000
30-year
18–45
$25,000
$250,000
Underwriting Approach
• Rapid Decision Express will be underwritten on a simplified issue, accept/reject
basis.
• All medical questions must be answered “NO”.
• Answers to the questions will be independently verified through MIB, Rx and
MVR database checks.
Additional Product Features Does your Customer Qualify?
• Dependent Child Rider—up to $25,000 for
eligible dependents. Expires at child’s age
23 or Insured’s age 65, whichever is earlier.
• Accidental Death Benefit Rider: Issued ages
20–65. Benefit amounts between $25,000
and $250,000 available. Rider expires at
age 80.
Rapid Decision Express Build Chart
Height
4’8
4’ 9
4’ 10
4’ 11
5’ 0
5’ 1
5’ 2
5’ 3
5’ 4
5’ 5
5’ 6
5’ 7
5’ 8
5’ 9
5’ 10
5’ 11
6’ 0
6’ 1
6’ 2
6’ 3
6’ 4
6’ 5
6’ 6
6’ 7
6’ 8
6’9
6’10
6’11
Inches
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
Min
81
84
87
90
93
96
99
102
105
109
112
115
119
122
126
130
133
137
141
145
148
152
156
160
164
168
173
177
Max
169
175
181
188
194
201
207
214
221
228
235
242
249
257
264
272
280
288
295
304
312
320
328
337
345
354
363
372
Answering the below questions, does not guarantee a policy will be approved.
Customer must answer “YES to these questions.
❍ Are you a legal U.S. resident and have you resided in the U.S. for more than 2
years?
❍ Do you have a valid U.S. Driver’s License?
Customer must answer this question.
❍ In the past 12 months have you used any form of tobacco, nicotine or nicotine
products? If YES, Standard Nicotine rates apply. If NO, Standard Non-Nicotine
rates apply.
Customer must answer “NO” to these questions.
❍ Have you been diagnosed as having AIDS (Acquired Immunodeficiency Syndrome) or ARC
(AIDS Related Complex) or tested positive for HIV (Human Immunodeficiency Virus)?
❍ Are you waiting for a diagnosis or have you been advised to have a surgical operation, diagnostic test or medical or mental evaluation that has not yet been completed?
❍ Have you requested or received any Worker’s Compensation or Social Security disability
benefits?
❍ Do you currently take more than 2 prescription medications for pain; or do you
consume, on average, more than 3 alcoholic beverages per day?
❍ In the past 10 years, have you received any treatment, medical advice or consultation for;
been diagnosed with or required follow-up for: diabetes or elevated blood sugar; cancer (excluding basal cell or squamous cell carcinoma of the skin); stroke, transient ischemic attack
(TIA or mini-stroke); emphysema; chronic bronchitis or chronic lung disease; major depression or anxiety that required psychiatric treatment; bipolar
disease or mood disorder; schizophrenia, Alzheimer’s disease, dementia, rheumatoid
arthritis, paralysis; any degenerative muscle or nerve disease or disorder; alcohol or drug
abuse; OR any disease or disorder of the following: heart, aorta, coronary
arteries, peripheral vascular system, blood, liver pancreas, kidney (other than kidney
stones), brain or connective tissue?
❍ In the past 2 years, have you been hospitalized or evaluated in an emergency room or immediate care center for a chronic illness requiring ongoing treatment or care by a physician;
OR have you participated in any hazardous activities or extreme sports?
❍ Have you, within the past 5 years, been convicted of or pled guilty or no contest to a felony,
misdemeanor, reckless driving, DUI or DWI; or been incarcerated or served in a probation
or parole program or do you have criminal charges pending?
For Producer Use Only, Not for
Distribution to the General Public.
Rapid Decision Universal Life At-a-Glance
Product Features
• Flexible premium universal life insurance with competitive cash
value accumulation
• Featuring the industry-leading Rapid Decision underwriting
protocol, Rapid Decision Universal Life (UL) offers unparalleled
convenience and ease of process.
• Rapid Decision UL is an ideal product for those who seek solid life
insurance protection, flexibility, and sustainable cash value
accumulation—all on a non-med platform.
Premium classes available
• Select non-nicotine
• Standard non-nicotine
• Standard nicotine
• Ratings through Table D for non-nicotine and nicotine
Issue Limits (Age nearest birthday)
Issue Age
Minimum
Maximum
16–45
$50,000
$300,000
46–55
$50,000
$200,000
56–65
$25,000
$100,000
66–75
$10,000
$25,000
Additional Product Features
• Death benefit options: Option 1 (level) and Option 2
(increasing)
• Guaranteed minimum interest rate: 2.50%
• Minimum Premium: Provides a 20-year no lapse
guarantee
• Monthly Premium Charge: 10%
• Monthly Policy Fee: $5
• Monthly Per $1,000 Charge: $0.75 ($1.00 guaranteed
maximum)
• Surrender Charge Period: Level for 10 years grading to zero in year 20
• Policy Loan Interest Rate: 8.0%
• Minimum Partial Withdrawal Amount: $100
Optional Riders*
(*not available in all states)
• Accidental Death Benefit Rider: Issued ages 20–65
• Dependent Child Rider: Issued based on Insured’s age 20–60
• Waiver of Premium Rider: Issued ages 20–55
Does your client qualify for
Rapid Decision Universal Life?
Answer these simple questions to find out.
1. ❒ My client is a U.S. citizen or has permanent
resident status (a green card).
2. ❒ My client has a valid, active U.S. driver’s license
and a good driving record.
3. ❒ My client lives and, if employed, works in the
United States.
4. ❒ My client (if ages 56 and up) has seen a U.S.
primary care physician within the past 5 years.
5. ❒ My client is not disabled or receiving disability
benefits.
6. ❒ My client has not been denied coverage by
another life company within the last five years.
7. ❒ My client has no medical history which would
require an APS or Blood/Urine samples (See
Rate Class Criteria).
8. ❒ My client has a valid Social Security number.
We do not offer medical ratings above Table D (IV) on
Rapid Decision UL.
Rapid Decision UL Height and Weight Limits
Height
4' 9
4' 10
4' 11
5' 0
5' 1
5' 2
5' 3
5' 4
5' 5
5' 6
5' 7
5' 8
5' 9
5' 10
5' 11
6' 0
6' 1
6' 2
6' 3
6' 4
6' 5
6' 6
6' 7
6' 8
Min.
76
79
82
84
87
90
93
96
99
102
105
109
112
115
118
122
125
129
132
136
139
143
146
150
Note: Answering the above questions, does not guarantee a policy will be approved.
Select Standard Table B
188
155
193
195
160
200
202
165
207
208
170
214
216
175
221
223
180
228
230
186
236
237
192
243
245
198
251
252
204
259
260
210
267
268
216
275
276
223
283
284
229
291
292
236
300
301
243
308
309
249
317
318
256
325
326
263
334
335
270
343
344
277
352
353
285
362
362
292
371
371
300
381
Table D
202
209
216
224
231
239
247
255
263
271
279
288
296
305
314
323
332
341
350
360
369
379
389
399
For Producer Use Only, Not for
Distribution to the General Public.
Rapid Decision Mortgage Term At-a-Glance
Product Features
• Level death benefit non-participating term life to age 95 in
amounts up to $500,000
• Guaranteed level premium periods of 15, 20, 30 and 40 years
• After the level premium period, policies renew on an
annual renewable term premium schedule through age 95.
• Policies may be converted to a permanent plan of insurance
designated for conversions any time up to one year prior to the
expiration of the initial term period or prior to the policy
anniversary on which the insured is aged 65, whichever is earlier.
• Annual commissionable policy fee of $95.00
Premium classes available
Unisex premium classes
• Select non-nicotine
• Standard non-nicotine
• Standard nicotine
Issue Limits
Issue Age
Minimum
Maximum
20-45
$50,000
$500,000
46-55
$50,000
$200,000
56-65
$25,000
$100,000
66-70
$10,000
$25,000
Issue Ages
Term Period
Non-Nicotine
Nicotine
15 year
20–70
20–65
20 year
20–65
20–60
30 year
20–50
20–45
40 year
20–40
20–35
Eligibility
• Maximum face amount can go to 125% of mortgage amount
• 13-month look back first mortgage and refinance only
Optional Riders*
(*not available in all states)
• Accidental Death Benefit Rider
• Accident Disability Income Rider
• Dependent Child Rider
• Return of Premium Rider
• Waiver of Premium Rider
• Waiver of Premium Rider on Involuntary Unemployment Rider
Does your client qualify for
Rapid Decision Mortgage Term?
Answer these simple questions to find out.
1. ❒ My client is a U.S. citizen or has permanent resident
status (a green card).
2. ❒ My client has a valid, active U.S. driver’s license and
a good driving record.
3. ❒ My client lives and, if employed, works in the
United States.
4. ❒ My client (if ages 56 and up) has seen a U.S.
primary care physician within the past 5 years.
5. ❒ My client is not disabled or receiving disability
benefits.
6. ❒ My client has not been rated or denied coverage by
another life company.
7. ❒ My client has no medical history which would
require an APS or Blood/Urine samples.
8. ❒ My client has a valid Social Security number.
We do not offer table ratings on Rapid Decision
Mortgage Term.
RD Mortgage Term Height and Weight Limits
Height Inches Minimum
Weight
4' 9
4' 10
4' 11
5' 0
5' 1
5' 2
5' 3
5' 4
5' 5
5' 6
5' 7
5' 8
5' 9
5' 10
5' 11
6' 0
6' 1
6' 2
6' 3
6' 4
6' 5
6' 6
6' 7
6' 8
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
Note: Answering the above questions, does not guarantee a policy will be approved.
76
79
82
84
87
90
93
96
99
102
105
109
112
115
118
122
125
129
132
136
139
143
146
150
Max. Select Max. Standard
Weight
Weight
155
160
165
170
175
180
186
192
198
204
210
216
223
229
236
243
249
256
263
270
277
285
292
300
193
197
201
205
210
214
219
225
231
237
243
250
257
264
271
279
287
295
303
311
319
326
334
342
For Producer Use Only, Not for
Distribution to the General Public.
Rapid Decision Underwriting Criteria At-a-Glance
➤ Rapid
Decision Universal Life Premium Rate Classes
Select non-nicotine
Standard non-nicotine
Standard nicotine
Ratings though Table D for non-nicotine and nicotine
➤
Rapid Decision Mortgage Term Premium Rate Classes
(unisex premium classes)
Select non-nicotine
Standard non-nicotine
Standard nicotine
(Table Ratings are currently NOT available for this product)
Fidelity Life Rapid Decision Premium Class Criteria: Standard or Better, Table B, Table D
Select
Standard
Table B
Table D
Non-Nicotine
Nicotine use
Cholesterol
Blood Pressure
Family History
Moving violations
DUI
US Residency
No nicotine use within the
last 24 months.
Not available
1
Single medication
2 medications
2
2
Available
2
4 medications2
2
4 medications2
3 medications
2 medications or not
stable for six months or
more.
More than one death from
cancer or heart disease
prior to 60.
3 medications
No more than 3 in the past
5 years3
None in past 5 years.
No more than 3 in the past No more than 3 in the
3 years3
past 2 years3
None in past 3 years.
None in the past 2 years
No more than 3 in the past
2 years3
None in the past 2 years
Must have permanent
resident status.
Available
Must have permanent
resident status.
Available
Must have permanent
resident status.
Available
Available
Available
Available
More than one death from More than one death from
cancer or heart disease
cancer or heart disease prior
prior to 60.
to 60.
Combinations of impairments may result in a different rate class or adverse action
See Pharmacy Guidelines below.
3
No extra debits per MVR guide
4
No underdeveloped, unstable or hazardous countries
Flat extras are allowed on Aviation, Avocation, Driving History, Foreign Travel & Occupations
2
Yes
Single medication and
stable for six months or
more.
Up to one death of cancer
or heart disease prior to 60.
Must have permanent
resident status.
Hazardous Occupation/ None in the past 2 years and
Avocation
none planned.
Foreign Travel4
None
1
No nicotine use within the Yes
last 12 months
Available
Available
For Producer Use Only, Not for
Distribution to the General Public.
Fidelity Life Rapid Decision Rate Class Criteria: Standard or Better, Table B, Table D
Impairment
Criteria
Addison's Disease
Acute Single Episode, over 2 years, no tmnt
Chronic
AIDS
Alcoholism
After 5 years dry, age 30 years and above
Less than 5 years dry
Alzheimer's/Dementia
Amputation
Anemia
Ankylosing Spondylitis
Anxiety
Aortic Insuffciency or Stenosis
Arteriosclerosis
Arthritis
Asthma -
Caused by injury, no complications or underlying cause
Caused by disease
Iron Deficiency, B12 deficiency or Folic Acid
Others
Mild, no treatment for over 1 year
See Depression
Osteoarthritis, mild with no disability
Rheumatoid/Psoriatic - Mild
Other
Mild or Moderate - Non-Smoker, no hospitalization in
past 3 years
Smoker or Severe
Mild—less than weekly, brief exacerbations
Moderate—daily symptoms, exacerbations 2x
a week
Aviation (Private)
Recreation
Blood Pressure
Bronchitis
Buerger's Disease
By-Pass Surgery (Cardiac)
Cancer
See Hypertension
Acute, 1 attack with no history of asthma
Chronic 1-3 attacks per year, no history of asthma
(Mild/Moderate)
No history of gangrene after 2 years
See Heart Disease
Basal Cell Carcinoma - skin
Squamous Cell Carcinoma- Stage I or II
Internal, less than or at 10 years
Internal, more than 10 years
Malignant Melanoma, less than or at 10 years
Malignant Melanoma, more than 10 years
Cerebral Palsy
Chronic Obstructive Lung Disease - COLD
Cirrhosis of Liver
Colitis—Ulcerative
5 years after last attack
Less than 5 years since last attack
Congestive Heart Failure
Crohn's Disease
Mild/Moderate -2 years since last symptoms and current age at or above 25
Mild/Moderate - Less than 2 years since last symptoms
or age at onset less than 25 or current age less than 25
Severe - all ages
Eligible for Eligible for Eligible for
Standard
Table B
Table D
NO
NO
NO
NO
YES
YES
NO
YES
NO
NO
YES
NO
YES
NO
NO
YES
YES
NO
YES @ 50
yrs+
NO
NO
YES
NO
YES
NO
YES
NO
NO
YES
NO
NO
YES
NO
NO
YES
YES
NO
YES
NO
NO
YES
YES
NO
YES
NO
NO
NO
YES
YES
YES (up to
& including
$5/$1,000)
YES
YES
Individual YES if Mild
Consideration
NO
NO
YES
YES
NO
YES
NO
YES
NO
NO
NO
NO
NO
NO
NO
NO
NO
YES
NO
YES
NO
YES
YES
YES @ 45
yrs+
NO
YES
YES
NO
YES
NO
YES
NO
NO
NO
YES
NO
NO
YES
NO
YES
YES
NO
YES
NO
YES
NO
NO
NO
YES
NO
NO
YES if Mild
45 yrs+
NO
NO
NO
NO
NO
For Producer Use Only, Not for
Distribution to the General Public.
Fidelity Life Rapid Decision Rate Class Criteria: Standard or Better, Table B, Table D
Impairment
Criteria
CVA - Stroke
Cystic Fibrosis
Depression, Post Traumatic Stress Disorder Situational/Mild not treated by Psychiatrist, no antipsychotic meds
Mild—2 symptoms for minimum of 2 weeks, Moderate
low dose single medication
Moderate—1 or more episodes, never required Major or treated by Psychiatrist
inpatient care, not disabling or antipsychotics
Anxiety
Situational/Mild not treated by Psychiatrist, no antipsychotic meds
Mild—2 symptoms for minimum of 2 weeks, Moderate
low dose single medication
Moderate—1 or more episodes, never required Major or treated by Psychiatrist
inpatient care, not disabling or antipsychotics
Diabetes-Non Insulin (Type II)
Oral meds or diet controlled ages 30–49, diagnosed less
than 20 years ago, good control
Good—A1C 7-9, FBS 111-125
Ages 30–49 with tobacco use
Ages 50+ and under good control
Ages 50+ and under good control with tobacco use
Ages less than 30
Diabetes - Insulin (Type I)
Driving Hx
Valid, in force, DL with no DWI/DUI w/in 2 years. No
more than 2 moving violations w/in 2 years
Valid, in force, DL with no DWI/DUI w/in 3 years. No
more than 3 moving violations w/in 3 years (unless
due to disability that prevents obtaining or ages 16-18
going through Driver’s Education)
Duodenitis
Drug Use
After 5 years without use, age 30 yrs and above
Use within last 5 years
Emphysema
Epilepsy
Fibrillation
Fibromyalgia
Gall Bladder Disorders
Gastric Bypass/Lap Band
Gastritis
Glomerulosclerosis
Gout
Petite Mal - partial, absence, focal more than 1 year
from onset.
Grand Mal
Mild/Moderate-no significant treatment in over 1 year
and no impairments or disability. Mild medications
Severe or current significant treatment
After 24 months, weight stablized, no complications
Other gastric surgeries
Acute, after 1 year, no current medication or
complications
Others
No underlying alcohol or liver problems
Eligible for Eligible for Eligible for
Standard
Table B
Table D
NO
NO
YES
NO
NO
YES
NO
NO
YES
NO
YES
YES
NO
NO
NO
YES
YES
YES
NO
YES
YES
NO
NO
NO
NO
NO
YES
NO
NO
NO
NO
NO
YES
NO
YES
NO
NO
NO
YES
NO
YES
YES
NO
NO
YES
YES
YES
YES
NO
NO
YES
Individual
Consideration
NO
NO
YES
YES
YES
NO
NO
NO
NO
NO
NO
YES
NO
YES
Individual
Consideration
NO
YES
YES
NO
YES
NO
YES
YES
NO
YES
NO
NO
YES
YES
YES
YES
NO
NO
YES
YES
YES
YES
YES if Mild
NO
YES
NO
YES
NO
YES
For Producer Use Only, Not for
Distribution to the General Public.
Fidelity Life Rapid Decision Rate Class Criteria: Standard or Better, Table B, Table D
Impairment
Criteria
Heart Attack/Myocardial Infarction
45+ years, after 12 months mild (1-3 vessels, less than
40% blockage), no bypass, tobacco and normal blood
pressure and cholesterol
Coronary Artery Disease, Angina, Aneurysm, Irregular
Heart Beat or Rhythm
Mild-Grade I or II (Innocent) above age 34
Below age 35 - all murmurs
Moderate/Severe -Grade III or IV
Heart Disease
Heart Murmur
Hemophilia
Hepatitis
Hepatomegaly
Hodgkin's Disease
Hypertension - controlled
Hysterectomy (No Cancer)
Kidney Disease
Leukemia
Liver Impairments
Lupus Erythematosus
Marfan's Syndrome
Meniere's Disease
Mitral Insufficiency
Mitral Stenosis
Mitral Valve Prolapse - no regurgitation/
insufficiency or treatment
Multiple Sclerosis
Muscular Dystrophy
Narcolepsy
Nervous Disorder
Pacemaker
Pancreatitis
Paralysis
Peripheral Vascular Disease
Prostate Disorder
Rheumatic Fever
Sarcoidosis
Sleep Apnea
A or Non A/B -recovered more than 6 months
B or C
No more than 2 medications, controlled
More than 2 medications, controlled
No history of Cancer
Kidney Stones or Infection
All others
Eligible for Eligible for
Standard
Table B
Eligible for
Table D
NO
NO
Individual
Consideration
NO
NO
NO
NO
NO
NO
NO
YES
NO
NO
NO
YES
NO
YES
YES
NO
NO
NO
NO
NO
YES
NO
NO
NO
YES
NO
NO
NO
YES
NO
NO
NO
YES
YES
YES
YES
NO
NO
NO
NO
NO
YES
NO
NO
YES
YES
NO
NO
NO
YES
NO
NO
NO
YES
YES
YES
YES
NO
NO
NO
NO
NO
YES
NO
NO
YES
NO
NO
NO
NO
NO
NO
NO
NO
NO
NO
NO
NO
NO
YES
YES
NO
NO
NO
NO
NO
NO
YES
YES
NO
Individual
Consideration
YES
(NO Tobacco)
NO
NO
NO
NO
NO
YES
YES
YES
YES
See Depression
Prostatitis (Infection) Recovered 6+ months
BPH, biopsies negative
One attack more than 6 months ago - fully recovered
Localized -non-pulmonary more than 1 year ago - fully
recovered
Mild/Moderate age 50 or greater
Mild—AI 5-20 and RDI 10-30;
Severe or less than age 50
Moderate —AI 21-40 and RDI 31-50
AI (Apnea Index) - number of episodes of
apnea per hour of sleep.
RDI (Respiratory Disturbance Index) - total
number of episodes of both
NO
NO
YES
NO
For Producer Use Only, Not for
Distribution to the General Public.
Fidelity Life Rapid Decision Rate Class Criteria: Standard or Better, Table B, Table D
Impairment
Criteria
Eligible for Eligible for Eligible for
Standard
Table B
Table D
Spina Bifida
Spina Bifida Occulta
Splenectomy
Stroke
Suicide Attempt
Thyroid Disorder (not including
Hypothyroid)
TIA -Transient Ischemic Attack
NO
NO
Trauma Induced only
Disease Induced
1 attempt over 5 years ago
All others
Recovered more than 6 months
Single episode over 24 months ago, no complications
All others
Turberculosis
Pulmonary - Resolved, no treatment, no residual
Non-Pulmonary - Diagnosis over 1 year ago.
Resolved, no treatment, no residuals
Atypical
Ulcer (Peptic, Duodenal, Gastric–Benign only) No bleeding for 6 months
All others
Vascular Impairments
Fidelity Life Rapid Decision Universal Life
Pharmacy Guidelines
Medications
2 BP and 1 Cholesterol
2 Cholesterol and 1 BP
3 BP or 3 Cholesterol
2 BP & 2 Cholesterol
1 Anx/Dep., 1 BP & 1 Chol.
2 Anx/Dep. (no antipsychotic)
1 Anx/Dep. & Sleeping Aide
2 Asthma (non-steriod)
Blood Thinner (Coumadin, Warafin, etc.)
Blood Platelet (Plavix)
Narcotic (significant/daily/long term)
Table B Table D
Yes
Yes
Yes
No
Yes
Yes
Yes
Yes
No
No
No
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
IC
IC
IC
Not Acceptable: medications prescribed by a Psychiatrist
Significant Narcotics include: Fentanyl, Hydrocodone, Methadone,
Morphine, Oxycontin, Oxycodone, Percocet, Vicodin, etc. Short term
use of Darvocet, Tramadol, Ultracet, NSAIDs are acceptable
Once you have approximately 4 medications for certain impairments
(i.e. HTN, Cholesterol, Anxiety, Depression, Asthma, Pain, etc.) we
should look at Table D.
YES
NO
NO
NO
NO
NO
NO
Individual
Consideration
YES
NO
NO
NO
NO
YES
NO
YES
YES
NO
NO
YES
NO
YES
NO
NO
NO
NO
NO
NO
YES
YES
YES
NO
YES
YES
NO
NO
NO
NO
NO
YES
NO
NO
NO
YES
NO
NO
For Producer Use Only, Not for
Distribution to the General Public.
Rapid Decision Senior Life Term and Whole Life At-a-Glance
Product Features
• Each provides customers ages 50–85 with partial
coverage immediately.
• Each provides full coverage starting in year 4.
• Each offers a variety of payment options and
carries a $50 commissionable policy fee.
• Premium classes—standard.
• Convertibility—not applicable.
Optional Rider*
• Accidental Death Benefit Rider
Term*
• Premiums are level for the life of the policy
which for the 10-year term is to age 80 or for 20
years whichever is longer, for the 20-year term is
to age 80 or 25 years whichever is longer and for
the 30-year term is for 35 years.
• At the end of the level term, in year 11, 21 or 31
whichever is applicable, there is a one-time
reduction in the death benefit by 50%.
10-Year Term Issue Limits
Issue Age
Face Amounts
50–55
$10,000–$150,000
56–65
$10,000–$100,000
66–70
$10,000–$50,000
20-Year Term Issue Limits
Issue Age
Face Amounts
50–55
$10,000–$150,000
56–65
$10,000–$100,000
30-Year Term Issue Limits
Issue Age
Face Amounts
50–55
$10,000–$150,000
56–60
$10,000–$100,000
Whole Life*
• Issued from ages 50 through 85.
• Level premiums for the life of the policy.
• Cash value accumulation.
Whole Life Issue Limits
Issue Age
Face Amounts
50–55
$10,000–$150,000
56–65
$10,000–$100,000
66–75
$10,000–$50,000
76–85
$10,000–$25,000
If your client can answer "NO" to all of these questions...
Have you been diagnosed as having or been treated by a physician for:
AIDS, ARC or HIV
Alzheimer’s Disease or Dementia
Amyotrophic Lateral Sclerosis (ALS)
Mental Retardation or Down's Syndrome
Or do you...
Require the assistance of another person for dressing, bathing, toileting or
mobility or use an oxygen tank
And answer NO to all of these questions. Have you, within the past 2 years:
Had a heart attack or stroke
Had or are now awaiting an organ or bone marrow transplant (except as a donor)
Been diagnosed with cancer or received or been prescribed radiation, chemo or
dialysis
Been confined to or advised by a licensed medical professional to be admitted to,
a nursing home, hospice, extended care or special treatment facility or are you
now hospitalized
Used controlled substances except as prescribed by a physician
Been treated for or been advised by a licensed medical professional to seek treatment for drug or alcohol use
Been advised by a licensed medical professional that your life expectancy is less
than 24 months
Had more than one DUI (DWI) violation, been convicted of a felony or are you
now on probation
RD Senior Life Term & Whole Life Height and Weight Limit
Height
Min.
Max. >$100K
Max. <$100K
4' 8
4' 9
4' 10
4' 11
5' 0
5' 1
5' 2
5' 3
5' 4
5' 5
5' 6
5' 7
5' 8
5' 9
5' 10
5' 11
6' 0
6' 1
6' 2
6' 3
6' 4
6' 5
6' 6
6' 7
6' 8
6' 9
74
76
79
82
84
87
90
93
96
99
102
105
109
112
115
118
122
125
129
132
136
139
143
146
150
154
*Not available or applicable in all states.
227
231
234
238
243
248
254
262
269
276
284
293
301
309
317
325
334
342
351
361
370
380
389
397
404
412
330
334
337
341
346
351
357
365
372
379
387
396
404
413
420
428
437
445
454
464
473
483
492
500
507
515
For Producer Use Only, Not for
Distribution to the General Public.
Accidental Death Benefit At-a-Glance
Product Features
• Fidelity Life’s Accidental Death Benefit policy is available
from ages 20 through 65.
• Coverage limits between $50,000 and $500,000
• The policy is underwritten on a guaranteed issue basis—
there are no medical questions on the application.
• Most applications are approved within 24 hours.
• The policy pays full benefits until age 70, at which time
benefits reduce by 50%. Benefits then remain level at this
reduced amount until the policy expires at age 80.
Coverage Criteria
Client must be US citizen or have permanent resident
status (green card)
Benefits
If the Insured dies solely as a result of injuries will Fidelity pay
the Accidental Death Benefit?
Under this benefit, the term “injuries” mean bodily
injuries due solely to an accident which results in the
Insured's Death within 90 days of the accident.
Attractive Rates
unisex annual rates per $1,000 of base benefit
(for ID & NJ rates see ADB Producer Brochure or www.fidelitylife.com)
Benefit Amount
Rates
$50,000–$99,999
$100,000–$500,000
$1.04 (plus $50 policy fee)
$0.99 (plus $55 policy fee)
Riders
Family Rider
Inflation Rider
Waiver of Premium
Rider
Return of Premium Rider
Issue Age
20–45
46–50
51–55
56–65
*
$0.45
$0.22 (with Family Rider)
$0.17 (without Family Rider)
0.21951 times the total plan
premium (including policy fee)
Rider Premium Factor*
55%
60%
85%
125%
Rider Expiry Year
30
25
20
15
Factor is applied to the total plan premium, including the policy fee.
Exclusions*
Return of Premium Rider (optional)
No Benefit will be payable if the Insured's death results directly
from the following causes:
The ROP percentage available in each policy year varies by the age of
the insured at issue, as shown below.
a. Suicide: Suicide, while the Insured is sane or insane.
b. War: War, declared or undeclared, or any act of war.
War is defined as armed conflict between nations, or
between factions of the same nation
c. Military Service: Service in the military forces of any
country at war or in any civilian noncombatant unit
serving with those forces. “War” includes undeclared
war. “Country” includes any international organization or group of countries.
d. Aviation: Travel in, or descent from or with, any kind
of aircraft aboard which the Insured is a pilot or crew
member or is giving or receiving any training. “Crew
member” includes anyone who has any duty aboard
the aircraft.
e. Natural Causes: Bodily or mental illness, disease or
infirmity of any kind or medical or surgical treatment
for any of these.
f. Drug: The taking or injection of any nonprescription
drug, hypnotic or narcotic, accidentally or otherwise.
g. Blood Alcohol: Death while the Insured is operating a
motor vehicle and is determined to have a blood alcohol level exceeding the legal limit as defined by state
law.
h. Felony: Injury received while committing a felony.
*
Exclusions may vary by state. Please consult state-specific policy
language for details.
Issue Ages
Rider Premium Factor
Rider Expiry Year
Policy Year
20–45
46–50
51–55
56–65
55.0%
60.0%
85.0%
125.0%
30
25
20
15
Return of Premium Percentages by Policy Year
1-5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
Note: Answering the above questions, does not guarantee a policy will be approved.
0%
1%
2%
3%
4%
5%
7%
9%
11%
13%
15%
17%
19%
21%
23%
25%
30%
35%
40%
45%
50%
60%
70%
80%
90%
100%
0%
2%
4%
6%
8%
10%
13%
16%
19%
22%
25%
30%
35%
40%
45%
50%
60%
70%
80%
90%
100%
0%
3%
6%
9%
12%
15%
22%
29%
35%
43%
50%
60%
70%
80%
90%
100%
0%
5%
10%
15%
20%
25%
40%
55%
70%
85%
100%
For Producer Use Only, Not for
Distribution to the General Public.
Online Application System: Rapid App At-a-Glance
Products Available through Rapid App
➤ Rapid Decision Express
➤ Rapid Decision Mortgage Term
➤ Rapid Decision Senior Life Whole Life
➤ Rapid Decision Senior Life Term
➤ Accidental Death Benefit
What is Rapid App?
➤ Rapid App is Fidelity Life’s online application system that allows the agent to sell without being physically present with the
customer. It provides the ability to obtain the customer’s electronic signature and submit the application directly to the
company through the Internet in a convenient, paperless process.
➣ Pre-qualifies proposed insured
➣ Quotes multiple options for coverage
➣ Creates and submits applications online
➣ Collects an electronic signature
• A system generated e-mail sent to applicant for electronic signature
• Upon receipt of signature, the system automatically submits application to underwriting
➤ Applications are sent to Fidelity’s underwriting within hours and are assigned policy numbers.
➤ Agents can review policy status in Pending Business Detail
➣ Lists underwriting status
➣ Notes outstanding requirements
How do you begin using Rapid App 2?
➤ Fidelity hosts weekly webinars that include Rapid App walk thru demos
➣ Go to “Click here for the Fidelity product training webinar schedule...” on the agent page (click “For Agents” tab on home
page) of Fidelity’s website: www.fidelitylife.com
➤ All Fidelity licensed agents that register their Agent Login with a User ID and password will automatically have access to
Rapid App
➣ Question should be made to Sales and Marketing Department
• Phone: (866) 710-1013
• Email: [email protected]
➤ Once a Login has been setup, agents use “Agent Login” to get in to the Rapid App system
➣ ”Agent Login” is under “Quick Links” on the agent page (click “For Agents” tab on home page) of Fidelity’s website:
www.fidelitylife.com
➤ User Id and Password set up
➣ To be set up by agent in “Agent Login” by clicking on “New Users click here” tab (under the User ID and Password boxes)
• Asks agent to verify Fidelity agent # and last name, then sends temporary password to agent’s email
(per agent data file). Agent follows prompt to reset to a personal password.
Notes
➤ RAPID APP IS AN AGENT DRIVEN system and cannot be initiated by prospective consumers.
M1100 01/2013