Life Insurance

BASIC LIFE INSURANCE AND AD&D

International Alliance Group pays 100% of the cost of this LifeShield Group Term Life Insurance Plan

Coverage for each full-time benefit eligible member is $25,000

Life insurance provides protection for those who depend on you financially Your need varies greatly due to age, number of dependents, dependent ages and your financial situation Accidental Death and Dismemberment (AD&D) benefits provide a benefit to you or your beneficiary if you are seriously injured or die in an accident

How It Pays

100% benefit amount if your death is the result of an accident, in any year You also have the option to convert this term life policy into a whole life policy up to age 70

Year 1

If a death is to occur in the first year the benefit payout is 120% of all premiums paid

Year 2

If a death is to occur in the second year, the benefit payout is 20% of the full amount

Year 3

If a death is to occur within or after the third year, the payout is the full benefit amount