Equity Advantage Universal Life (EAVUL08)
POLICY CHANGE TYPE | EFFECTIVE DATE | Other Change Criteria |
|---|---|---|
| Risk Classification Improvement* | Monthaversary | |
| Benefit Increase: | ||
| Accidental Death Benefit | Monthaversary | Available for Insured ages 0-65 |
| Guaranteed Insurability | Monthaversary | Rider can be exercised at specified attained age option dates. |
| Face Amount Changes: | ||
| Face Increase | Monthaversary | |
| Face Decrease** | Monthaversary | |
| Rider/Benefit Additions: | ||
| Accidental Death Benefit | Monthaversary | Available for Insured ages 0-65; not available on Guaranteed Issue policies. |
| Children's Term Insurance Rider | Monthaversary | Available for insured ages 15-60 |
| Waiver of Monthly Deduction | Monthaversary | Available for insured ages 0-60 |
| Waiver of Specified Premium | Monthaversary | Available for insured ages 0-60 |
| Rider/Benefit Cancellations: | ||
| Accidential Death Benefit | Monthaversary | |
| Children's Term Insurance Rider | Monthaversary | |
| Waiver of Monthly Deduction | Monthaversary | |
| Waiver of Specified Premium | Monthaversary | |
| Guaranteed Survivor Plus Purchase Option | Monthaversary | |
| Death Benefit Option Change: | Monthaversary | |
| *Risk class improvements are not available for juvenile policies with issue ages 0-18. **Face decrease cannot exceed a minimum face amount of $50,000. | ||