D&L

Insurance Brokers, Inc.




Assurity Life Insurance Company

Offering
Personal Disability Income, Mortgage Disability Income, and Business Overhead Expense
  • Committed to the DI market for more than 50 years
  • DI that focuses on the middle income market
  • Wide range of occupational classes
  • Competitive new and renewal commissions
  • Dedicated and approachable Underwriting staff
AssurityBalance is known as "the best kept secret" in DI!
Call us and find out why!

About the Companies
Established in 1890, Woodmen Accident and Life Company of Lincoln, Nebraska, has been underwriting disability income insurance for middle income clients since 1946. Assurity Life Insurance Company is a wholly-owned subsidiary of Woodmen. Both companies have earned a rating of A-(Excellent) by A.M. Best Company, independent insurance industry analysis. This rating reflects sound management practices, favorable investment returns, and low net cost to policyholders.

Woodmen and Assurity's commitment is to protect the most valuable asset our policyowners have - their income. Our individual guaranteed renewable disability income product has made us a recognized leader in the middle income marketplace.

Personal Disability Income

Could a disabling illness or injury happen to you?

It is possible, but most of us want to believe that we're healthy and invincible. We Like to think we can work and earn an income for as long as we want. But the facts are that a serious illness or injury affects thousands of people's lives every day. Consider these facts:

  • One in five people will be disabled for one year or more before age 65.1
  • The chance of a long-term disability is--at the minimum--twice as great as death.2
  • Women between the ages of 35 and 65 are 40% more likely than men to become disabled for 90 or more days.3
  • Disability is the cause of nearly half of all home foreclosures.4

    1The National Underwriter Company, 1989
    21985 Society of Actuaries DTS, as reported in Best's Policy Reports, February,1999
    3Life Association News, January 1986
    4Government Statistics, 1982, printed in Life Association News, March, 1986

Personal Disability Income Protection

Intended Markets
  • Middle income and small business owners
Occupational Classes
  • 4A, 3A, 2A, 1A
Issue Ages
  • 18-60 years
Elimination Periods*
  • 30, 60, 90, 180, and 365 days (all ages, all classes)
Maximum Issue Limits
  • 4A = $7,000
  • 3A = $6,000
  • 2A = $5,000
  • 1A = $4,000
  • (Higher limits available for 4A and 3A subject to reinsurance availability)
Benefit Periods
  • 4A and 3A = 1, 2, 5-year and To Age 65
  • 2A = 1, 2, and 5-year to Age 65 if: self-employed; under age 56; and in same business for 2 years with annual net of at least $24,000 for 2 years
  • 1A = 1, 2, and 5-year
Renewability
  • Guaranteed Renewable to age 65
Highlights*
  • Own Occupation definition of Total Disability (first 24 months)
  • Partial Disability Benefit
  • Non-tobacco rates for no use in last 12 months
  • Presumptive Disability Benefit
  • Waiver of Premium Benefit
  • $1,000 Home Modification Benefit
  • Rehabilitation Benefit
Optional Riders*
  • Catastrophic Disability Rider New!
  • Return of Premium Rider
  • Non-cancellable Rider Available for 4A & 3A (up to 5-year benefit period)
  • 5-year Own Occupation Rider for 4A & 3A (5-year and to age 65 only)
  • Residual Benefit Rider (now available with all benefit periods!)
  • Guarenteed Insurability Rider
  • Supplemental Disability Income Rider
  • Automatic Benefit Increase Rider
  • Hospital Benefit Rider
*Benefits and Riders may vary by state and occupation




Mortgage Disability Income

What's your plan if disability strikes?

Empty your Savings?
One year of total disability could wipe out as much as 10 years of savings and investments. What Would be left for the future? For Retirement?

Live on your spouse's income?
Most family budgets are only balanced with both spouses' incomes. With the added financial strain that medical and rehabilitation costs for disability could bring, would your spouse's paycheck stretch to cover the mortgage and all your other expenses?

Borrow money?
If you could qualify for a bank loan, the additional debt might compound your problem--after all, predictions of when a disability might end are educated guesses. Friends or relatives might be able to help temporarily...but for how long?

Mortgage Disability Income Protection?
Absolutely--that is the right answer!!


Mortgage Disability Income Protection

Intended Markets
  • Individuals 25 to 50 years old employed in blue, gray, and white collar occupations earning from $15,000 to $50,000 annually
Occupational Classes
  • 4A, 3A, 2A, 1A
Issue Ages
  • 18-50 years
Elimination Periods*
  • 30, 60, 90, 180, and 365 days (all ages, all classes)
Maximum Issue Limits
  • Minimum: $300 of monthly benefit
  • Maximum: $1,500 of monthly benefit Note: Company Issue & Partipication Limits apply
Benefit Periods
  • All ages, all classes: 1, 2, and 5-year Benefit Periods
Renewability
  • Guaranteed Renewable to age 65
Highlights*
  • Own Occupation definition of Total Disability (first 24 months)
  • Partial Disability Benefit
  • Non-tobacco rates for no use in last 12 months
  • Presumptive Disability Benefit
  • Waiver of Premium Benefit
  • $1,000 Home Modification Benefit
  • Rehabilitation Benefit
  • Simplified application and underwriting (no doctor's exams, no financial verification)
Optional Riders*
  • Residual Benefit Rider (classes 4A, 3A, and 2A only)
  • Return of Premium Rider (all classes)
  • Catastrophic Disability Rider (all classes)
*Benefits and Riders may vary by state and occupation




Business Overhead Expense

How will ongoing business expenses be paid if the next disability is yours?

If your ability to work was suddenly curtailed due to a disability from illness or injury, what revenue-generating options are available to meet your continuing business overhead expenses?

Borrow? Do you think a lender will take a chance on a business without one of its primary revenue generators? And what about repayment...how much strain would this place on earnings?

The best option if you're not there to pay the operating expenses is...
Business Overhead Expense Disability Income Protection!!


Business Overhead Expense Disability Income Protection

Intended Markets
  • Small Business owners with 10 employees or less
Eligibility
  • 3 years in business with latest year net profit greater than or equal to $10,000
Issue Ages
  • 18-60 years
Elimination Periods*
  • 30, 60, and 90 days (all ages, all classes)
Available Classes
  • 4A, 3A, 2A
Maximum Issue Limits
  • 4A = $10,000
  • 3A = $9,000
  • 2A = $8,000
Benefit Periods
  • 12 months and 24 months
Renewability
  • Guaranteed Renewable
Underwriting
  • Traditional Approach
Highlights*
  • Own Occupation definition of Disability
  • Conversion Priviledge
  • Presumptive Disability Benefit
  • Partial Disability Benefit
  • Waiver of Premium Benefit
  • Rehabilitation Benefit
  • Survivor Benefit
*Benefits and Riders may vary by state and occupation







601 EAST LANCASTER AVENUE • DOWNINGTOWN, PA 19335 • 888-DI RATES (1-888-347-2837) • DBAAR@DLINSURANCE.COM