Underwritten by: ManhattanLife Assurance Company of America 10777 Northwest Freeway Houston, Texas 77092
Benefits and riders may vary by state and may not be available in all states. This is not a complete disclosure of plan qualifications and limitations. Please access our website to obtain a completed list for the Workplace Voluntary Benefit products at Disclosure.ManhattanLife.com. Please review this information before applying for coverage. The amount of benefits provided depends on the plan selected. Premiums will vary according to the selection made. THIS POLICY PROVIDES LIMITED BENEFITS. Policy: M-0045 • Affordable Premiums: Coverage is available at affordable group rates. • Ease of Payment: Simple payroll - deduction premium payments. • Portability: Whole Life is a fully portable product owned by the insured. Stand alone spouse and child policies are also fully portable. Call your ManhattanLife representative and receive all of the facts about this innovative product! ACT NOW TO OFFER YOUR EMPLOYEES WHOLE LIFE COVERAGE. • Simplified Enrollment: A brief enrollment form or online enrollment can be completed in the workplace. Optional Benefits/Riders » Automatic Benefit Increase (ABI) (Not available in NY, PA, VA, and WA) - On each of the employee’s first five coverage anniversary dates, he or she can elect coverage increases equivalent to a premium of $1 or $2 per week. Additional coverage added to base policy benefit using as a Term to Age 65 Rider on a Guarantee Issue basis. Not available on spouse or child stand-alone policy. Employee coverage only. Maximum rider benefit cannot exceed five times base benefit at time of application. No conversion benefit. Available for sale through age 50. EE only. » Employee Level Term to Age 65 (Not available in NY) - EE only rider. Not available on child stand-alone policy. Provides additional term life coverage for issue ages 18-55 to a maximum of five times the base benefit at time of application. The total benefit of base, term rider, ABI rider and any additional ManhattanLife insurance products may not exceed $297,500. This rider may not be converted. » Family Term Rider - Offers spouse coverage up to $50,000 and child coverage up to $25,000 in $2,500 increments (for each insured child). Insurance for a dependent cannot exceed the employee’s coverage amount. • Family Term rider terminates when base plan is terminated. • Family Term rider is convertible. • Family Term coverage decreases if spouse and child stand-alone policies were sold. Combined coverage may not exceed $50,000 for spouse and $25,000 on the child.
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