D&L

Insurance Brokers, Inc.




Berkshire Life Insurance Company of America

Offering
Provider Plus Individual Disability (1100), Business Overhead Expense (5100), Professional Overhead Expense (4100),and Disability Buy-Out (3100).



Provider Plus Disability (1100)


Intended Markets
  • Individual cases that are not employer sponsored or association plans for "white collar" executives, business owners or upper income earners.
Occupational Classes
  • 6, 5, 4, 4P, 3, 2, 1
Issue Ages
  • 18-60 years (actual age)
Elimination Periods*
  • 30, 60, 90, 180, and 365 days
Maximum Issue Limits
 Occ. Class		Issue Age		Maximum Indemnity Amt.
                                     
6,5,4              Through age 55*         $15,000**
6,5,4              Age 56-60*              $15,000 ($10,000 in CA & FL)**
4P,3               Through age 60*         $10,000**
2,1^               Through age 60*         $7,500
6,5,4,4P           Ages 61 through 64^#    $10,000 ~   

*Age last birthday
**See special limits for classes 6,5,4,4P and 4
^Available in Employer Sponsored Plans only. Class 1 not available in CA or FL
#Age nearest birthday
~See Maximum Issue Limits
Benefit Periods
  • Occupational classes 6,5,4,4P and 3 - two years, five years, to age 65, or an optional graded lifetime extension for total disability that starts before age 65 and continues to the end of the benefit period.
  • Occupational class 2 - two years and five years
  • Occupational class 1 - two years
Renewability
  • Non-cancellable and Guaranteed renewable
Highlights*
  • True own occupation
  • Lifetime benefits available
Optional Riders*
  • Social Insurance Substitute Rider
  • Residual
  • Future Increase Option
  • Cost of Living Adjustment
  • Auto Increase Rider
  • Group Disability Replacement Rider
  • Unemployment Premium Waiver Option
*Benefits and Riders may vary by state and occupation




Business Overhead Expense (5100)

Intended Markets
  • Professionals & Business Owners
Occupational Classes
  • 6,5,4,4P,3
Issue Ages
  • 18-60 years (age nearest birthday)
Elimination Periods*
  • 30, 60, 90 days
Maximum Issue Limits
  • $30,000
Benefit Periods
  • 12, 18, or 24 months
Renewability
  • Non-cancellable and Guaranteed Renewable to age 65
  • Conditionally renewable to age 75
Highlights*
  • Will pay for a professional replacement
Optional Riders*
  • Residual and Future Purchase Option (FPO)
  • FPO is available to issue age 53
*Benefits and Riders may vary by state and occupation




Professional Overhead Expense (4100)

Intended Markets
  • Professionals & Business Owners
Occupational Classes
  • 46,5,4,4P,3
Issue Ages
  • 18-60 years (age nearest birthday)
Elimination Periods*
  • 30, 60, 90 days
Maximum Issue Limits
  • $30,000
Benefit Periods
  • 12, 18, or 24 months
Renewability
  • Non-cancellable
  • Guaranteed Renewable to age 65
  • Conditionally renewable to age 75
Highlights*
  • Will pay for a professional replacement
Optional Riders*
  • Residual and Future Purchase Option (FPO)
  • FPO is available to issue age 53
*Benefits and Riders may vary by state and occupation




Disability Buy - Out (3100)

Intended Markets
  • Partnerships & Small Corporations
Occupational Classes
  • 6,5,4,4P,3
Issue Ages
  • 18-59 years (age nearest birthday)
Elimination Periods*
  • 12, 18 or 24 months
Maximum Issue Limits
Funding Method
Waiting Period		Lump Sum	  Monthly/Down Payment
                                     
12 months               $600,000          $900,000
18 months               $800,000          $1,200,000
24 months               $1,000,000        $1,500,000**

Minimum issue is $20,000
**Amounts up to $2,000,000 will be considered with prior underwriting approval
Dentists and Doctors are limited to a maximum of $1,500,000
Benefit Periods
  • Maximum 60 months with Monthly - Down Payments
Renewability
  • Non-cancellable and Guaranteed Renewable
Highlights*
  • Assist Non-disabled partners or shareholders with the purchase of a disabled partner/shareholder business interests
Optional Riders*
  • Presumptive Permanent Disability Rider
  • Future Purchase Option
*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