Laserfiche WebLink
<br />I <br />I <br /> <br />SCHEDULE OF INSURANCE (CONTINUED) <br /> <br />LIFE AND AD&D INSURANCE <br /> <br />Amount of Personal <br />Life Insurance <br /> <br />AD&D Insurance <br />Principal Sum <br /> <br />Class 1 <br /> <br />$50,000 <br /> <br />$50,000 <br /> <br />Personal Life and AD&D Insurance will be reduced as follows: <br />At age 65, benefits will reduce by 35% of the original amount; <br />At age 70, benefits will reduce an additional 25% of the original amount; <br />At age 75, benefits will reduce an additional 15% of the original amount. <br />Benefits will terminate when the Insured Person retires, <br /> <br />If the Insured Person first enrolls for Personal Life and AD&D Insurance at age 65 or older, the above age reductions will <br />apply to: <br />Any Guarantee Issue Amount available without evidence of insurability; and <br />The maximum amount of insurance for which he or she is eligible. <br /> <br />GL1101-2 <br /> <br />3-2 <br /> <br />05101/01 <br />