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Insurance Broker/Agent
30 years of experience
License No. 0649378 Since 1982

14541 Brookhurst Street, Ste. C-1
Westminster, CA 92683
  Phone: (714) 531-3637
  Mobile: (714) 553-2404
  Fax: (714) 531-3633
  Email: johnlpham@yahoo.com
 

 
 
SafeShield®
SafeShield® is non-participating renewable term life insurance with a level death benefit.
BASE PLANS
SafeShield® is available with initial level premiums for 15, 20 or 30 years, and annual guaranteed renewable term premiums thereafter to age 95.
   
Issue Ages
(Age Last Birthday)
15-Year Term: 18 - 65
20-Year Term: 18 - 60
30-Year Term: 18 - 55
  SafeShield® Plus, which returns 50% or 100% of all base policy premiums paid to date at the end of the initial level term period, is available with initial level premiums for 20 or 30 years. The policy continues in force to age 95 with annual guaranteed renewable term premiums.
   
Issue Ages
(Age Last Birthday)
50% Return of Premium* 100% Return of Premium*
20-Year Term: 18 - 60 20-Year Term Non-Tobacco: 18 - 50
  20-Year Term Tobacco: 18 - 45
30-Year Term: 18 - 50 30-Year Term: 18 - 50
Issue Amounts   $25,000 - $250,000
Underwriting
  - Simplified Issue
  - Tobacco and Non-Tobacco underwriting classes
  - Standard issue only, issued through Table D
Premium Modes & Modal Factors
   
SafeShield® SafeShield® Plus
Annual 1.00 Annual 1.00
Semi-Annual .52 Semi-Annual .50
Monthly .087 Monthly .0833
  - Annual and Semi-Annual available through Direct Bill or EFT
  - Monthly available through EFT only
Policy Fee
   
SafeShield® SafeShield® Plus
$60 Annual Policy Fee No Policy Fee
Fully Commissionable Semi-Annual .50
Conversions
  The policy may be converted to a permanent plan of insurance after the first policy anniversary without evidence of insurability:
  - 15-Year Term: Through Year 10 or to age 65 if earlier
  - 20-Year Term: Through Year 15 or to age 65 if earlier
  - 30-Year Term: Through Year 25 or to age 65 if earlier
*In Pennsylvania, the Return of Premium benefit is called "Endowment Benefit".
 
ADDITIONAL BENEFITS
Unemployment Premium Waiver
  All premiums will be waived for up to six months if the insured becomes unemployed after the second policy anniversary and collects unemployment benefits for at least four consecutive weeks. The lifetime benefit under the policy is six months.
  This benefit is automatically provided with the policy at no additional premium (where allowed).
Accelerated Benefit Rider
  The policyowner can choose to receive a 50% advance on the base policy death benefit if the primary insured is diagnosed by a physician as having a terminal condition and a life expectancy of 12 months or less (24 months where required).
  Premiums will continue to be payable after an accelerated benefit payment is made. Any premium required to keep the insured's coverage in force for the twelve-month period following the date of the accelerated benefit payment will be deducted from the payment (except where prohibited).
  Receipt of the accelerated death benefit may affect eligibility for public assistance programs and may be taxable.
 
Issue Ages Same as base plans
Coverage Period To the first policy anniversary on or after the insured's 90th birthday, unless the owner requests termination in writing
Premiums There is no additional premium charge for the rider. If an accelerated benefit payment is made, an administrative service fee, not to exceed $250, is deducted from the payment (except where prohibited). The accelerated benefit payment will be treated as a lien against the death benefit and there will be an interest charge assessed.
Accidental Death Benefit Rider
  An additional benefit equal to the face amount of the base policy benefit will be payable for accidental death of the insured while the policy and rider are in effect.
 
Issue Amounts Equal to base policy, up to $250,000 for all Columbian policies combined
Issue Ages Same as base plans
Coverage Period To the first policy anniversary on or after the insured's 70th birthday
Children's Insurance Rider
  Each Unit provides $1,000 of level term insurance on all eligible children of the insured, including natural born children, stepchildren and legally adopted children. Children becoming eligible through birth, marriage or legal adoption after the rider is issued are automatically covered if less than 19 years old.
 
Issue Amounts 5 Units - 15 Units
Issue Ages Parent: 18 - 55
Child: 15 days - less than 19 years
Coverage Period Coverage for each child terminates at the earlier of the child's 25th birthday or the first policy anniversary on or after the primary insured's 70th birthday.
Conversion Insured child may convert to a permanent plan of insurance without evidence of insurability:
 
- Up to the face amount of the rider before age 21, if the rider expires before the child is 21, or if the base policy is converted to permanent insurance; or
- Up to five times the face amount of the rider or $50,000, whichever is less, at ages 21 through 25.
Rider Availability Available through Table D to children eligible at the time of application. Children becoming eligible after rider issue are automatically covered.
Premiums Annual Premium $6.00 per Unit
Waiver of Premium - Disability
  Waives payment of premium after six months of total and continuous disability occurring while rider coverage is in effect. Rider benefit terminates at the first anniversary on or after the insured's 65th birthday; however, if the insured is totally and continuously disabled prior to age 60, premiums will continue to be waived until such disability ceases.
 
Issue Ages 18 - 55
Coverage Period To the first policy anniversary on or after the insured's 65th birthday
Rider Availability Issued through Table D
Premiums Premium is a percentage of all premiums to be waived, including riders
 
Issue Age or
Renewal Age
Premium
18-35 12% of Total Premium
36-40 13% of Total Premium
41-45 14% of Total Premium
46-64 15% of Total Premium
Disability Income Rider
  The Disability Income Rider provides for a monthly benefit if the insured becomes totally disabled due to injury or sickness. The benefit begins after the insured is totally disabled for 90 days. The rider has a lifetime maximum benefit of 24 months for all periods of disability.
  - The Occupational Rider provides coverage for those who are not covered by Worker's Compensation insurance. Certain occupations are excluded (see Agent Guide).
  - The Off-the-job Rider provides coverage for those who are covered by Worker's Compensation insurance. This rider does not provide benefits for occupational disabilities.
 
Benefit Amounts Minimum Monthly Benefit $250
  Maximum Monthly Benefit is the lesser of:
 
- 1.5% of the base policy face amount; or
- $2,000; or
- 50% of the insured's monthly gross income
Issue Ages 20 - 55
Coverage Period To the policy anniversary following the insured's 60th birthday
Rider Availability Issued through Table D
Premiums First-year premiums are guaranteed. Subsequent premiums may change on a class basis only with a guaranteed maximum of 2 times the initial premium.
Disability Income Rider
RiderAnnual Premium per $100 Monthly Income - First Year Premium
Issue Age Occupational Non-Occupational Issue Age Occupational Non-Occupational
Non-Tob Tobacco Non-Tob Tobacco Non-Tob Tobacco Non-Tob Tobacco
20 13.57 16.07 11.94 14.14 38 21.94 27.69 19.31 24.37
21 13.83 16.40 12.17 14.43 39 22.81 28.95 20.07 25.48
22 14.08 16.72 12.39 14.71 40 23.76 30.27 20.91 26.64
23 14.33 17.05 12.61 15.00 41 24.80 31.72 21.82 27.91
24 14.58 17.38 12.83 15.29 42 25.90 33.30 22.79 29.30
25 14.83 17.72 13.05 15.60 43 27.07 34.98 23.82 30.78
26 15.01 17.99 13.21 15.83 44 28.31 36.72 24.91 32.31
27 15.30 18.39 13.46 16.18 45 29.59 38.59 26.04 33.96
28 15.65 18.88 13.77 16.61 46 31.03 40.61 27.31 35.74
29 16.17 19.57 14.23 17.22 47 32.59 42.82 28.68 37.68
30 16.72 20.33 14.72 17.89 48 34.33 45.27 30.21 39.84
31 17.28 21.10 15.21 18.57 49 36.30 48.04 31.94 42.28
32 17.85 21.89 15.71 19.26 50 38.55 51.28 33.92 45.12
33 18.43 22.70 16.22 19.98 51 41.18 54.71 36.24 48.14
34 19.03 23.55 16.75 20.72 52 44.24 58.64 38.93 51.60
35 19.63 24.42 17.27 21.49 53 47.82 63.30 42.08 55.70
36 20.35 25.44 17.91 22.39 54 52.01 69.16 45.77 60.86
37 21.12 26.54 18.59 23.36 55 56.68 76.37 49.88 67.20
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