Orlean
residents
have received
CA$HBACK checks
thru February 2004
totaling
$1,389,902.88
...and still counting!
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Timely
Death Benefit |
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American National's term life insurance products offer a competitive
array of level death benefit coverages, with various permium payment
alternatives.
These plans can provide the solutions to many of the financial
problems that would be caused by premature death. They provide
large amounts of coverage for various specific periods of time.
As term insurance, they are designed to meet protection needs
that are temporary. As life insurance, they provide the special
benefits described in the following paragraphs:
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Tax-free benefit. No other product will
provide such a large, instant cash windfall, income-tax free,
at the very time it is needed most. (IRC Sec. 101 life insurance
proceeds are generally held to be tax-free).
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Benefit is paid immediately. Your beneficiary
will receive the policy proceeds without the inconveniences
of the probate process.
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Financial privacy. Life insurance is
not a matter of public record. Your beneficiary will receive
the death benefit discreetly upon your death.
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Premium payments. After an initial specified
period, the life insurance benefits provided by these plans
may be kept in force by the payment of increasing premiums through
age 95. No additional evidence of insurability will be required
after your policy is issued.
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Convertibility. An attractive alternative
to the increasing cost of term coverage is the ability to convert
that coverage to permanent life insurance. These term products
contain a conversion option which you may exercise during the
policy's early years, depending on your age and the term policy
you choose. Check your policy for conversion details. This conversion
privilege allows you to convert to a permanent policy without
furnishing additional evidence of insurability. American National
offers a wide array of competitive permanent insurance plans
with level premiums and tax-favored cash accumulation potential.
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Preferred ratings available. If you're
applying for at least $100,000 of coverage, you may qualify
for one of the company's "preferred" underwriting
ratings, thereby reducing your premium.
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Added Benefit Riders |
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If you qualify, the following riders can be added to your policy
for an additional premium:
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Disability Waiver of Premium. Your policy's
premium will be waived if you become disabled. (Disability must
be continuous for at least six months and begin before age 60.)
(Form LPW84)
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Accidental Death Benefit. Provides an
additional amount payable in the event of your death as the
result of an accident. (Form DAM84)
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Children's Term Rider. Insures each child
age 15 days through 18 years at issue while the benefit is in
force. Coverage on each child terminates at age 25, but each
$1,000 of coverage may be converted to as much as $5,000 of
permanent insurance without evidence of insurability. (Form
CTR88)
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Spouse Term Rider. Provides a level amount
of insurance on the life of your spouse, until the spouse attains
age 95. Death benefit cannot be less than $25,000 or more than
the death benefit on the primary insured. Can be converted to
a permanent policy during the rider's first 12 years (or prior
to spouse's age 65, if earlier. (Form SARTR94)
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A two-year suicide
provision is included in policies (one year in Colorado and North
Dakota). If a policyholder commits suicide during the first two
policy years, only a refund of premiums will be made. (Missouri
requires coverage for acts of suicide, unless it can be proven that
the insured intended suicide at the time the application was completed).
The foregoing
is neither a contract nor an offer to contract, but is a general
description of benefits available under a policy providing the benefits
outlined. The exact provisions, terms and conditions of the contract
are set forth in detail in an such policy as may be issued.
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Financial
Objectives |
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Most people want to accomplish one or more of these financial
objectives:
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Providing for the ongoing living expenses of
family members in the event of a breadwinner's death
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Making sure a child's dream of a college education
will come true
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Making sure your home is paid for and that you
and your family get to live there for as long as you want.
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Money at retirement to do the things you've
always wanted to do.
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Goals |
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We believe an ideal financial strategy should:
- Be self completing
- Allow you to make flexible payments over the years
- Grow steadily and dependably at a competitive rate of interest,
comparable to or better than certificates of deposit
- Grow tax-deferred
- Minimize the amount of taxes you pay and maximize the dollars
that stay in your pocket and the pockets of your family members.
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American National
Insurance Company, Galveston, TX
American National Property and Casualty Companies, Springfield,
MO
Products
and services not available in all states
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