Americo Ultra-Protector I
There are a few individual layers involved with this item, and the initial two coverage levels are very alike.
With a complete death benefit available once the policy is ready, the premiums will stay as is during permanent choices.
Also, you will see face amounts from $2,000 to $30,000…
…which is included with their Accelerated Benefit Payment rider.
This allows you to obtain up to half of your face amount if you can prove to Americo that your illness is fatal. Once in place, you can get ready for the future and make sure that all things are in place for when you pass away.
The biggest distinction between the coverage levels is with their age restrictions.
For Ultra Protector I, applicants need to be between the ages of 50 and 85.
To qualify, you must reply with ‘NO’ to each one of the medical questions you’re asked on the application.
They will also perform some database checks, which will show any prescriptions you may have been prescribed or used.
Because this is no medical exam life insurance policy, these details and questions will be required to gauge your overall health and how safe their investment will be.