Critical Illness Insurance

Why Critical Illness?

Approximately 780,000 people suffer strokes each year

Approximately 1.2 Million people suffer heart attacks each year

More than 1.4 Million new cancer cases were estimated for diagnosis in 2007

Not because you will die ... because you'll survive!  Survival Rates are up!

Approximately 5.7 Million stroke survivors are alive today

Critical Illness pays a lump sum benefit (that may be tax-free) upon the first confirmed diagnosis of a covered illness, medical procedure or death. Most importantly, the cash benefit is paid directly to you to use any way you choose!   Like meeting your mortgage, car note, putting food on the table etc.

No receipts need to be presented. Its a check made out to you. Receiving the benefit does not change payments from any other insurance plan you may have whether its health, disability income, or workers compensation. The money is yours to ease the financial stress that a critical illness creates.

COLORADO BANKERS LIFE / Critical Illness Protection   Click to view plan details, rates or to apply on-line.

 

Accident Coverage

VBA 24 Hour Accident Coverage (Accident Only - Not Illness)

Benefit paid DIRECTLY TO YOU for ANY Accident

Plan Features:
	Pays 100% of Covered Medical Expenses after satisfaction of the $100 or $250 Deductible up to the coverage maximum
	Use any doctor or hospital
	NEW CallMD, a network of medical doctors you can call for a consultation or medical needs anytime, any day!
	Accidental Death & Dismemberment benefits
	Emergency Helicopter Air Ambulance benefits
	Automatic acceptance through age 64
	Benefits are paid directly to you

VBA 24 Hour Accident Coverage   Click to view plan details, rates or to apply on-line.

 

Disability Income Insurance

Could you still pay your bills without your job?
What would you and your family do if your paychecks suddenly stopped because you were too sick or injured to work?

How quickly would your savings account last as your bills continued to mount? What would you do if you had to one day choose between paying your mortgage or your car payment, because you don't have the income to pay both?

If you're like most people, your paycheck is a lifeline to your family's financial stability. If you cannot work to earn a living, your family is headed for some very difficult times.

Disability Income insurance can help ease some of the financial difficulty associated with an illness or injury that keeps you from working.

Disability Income offers plans designed to provide you funds to offset personal debts, business costs and even your mortgage payments. There's also a graded benefit plan for those who could not qualify for other disability income coverage because of a past medical event or on-going health condition.

Personal Disability Income
Personal disability income is an individual guaranteed renewable disability policy with a traditional definition of disability. Ideal for individuals in the lower to upper-middle income markets. This policy is also perfect for small business owners (under 100 employees), managers, and/or employees.

Business Overhead Expense (BOE)
Business overhead expense is designed to cover business operating expenses if a business' key person becomes disabled by an accident or illness. The coverage includes employee salaries, utilities, rent, and other expenses that are generally accepted as tax deductible

Graded Benefit Disability Income
Graded benefit disability income is an individual guaranteed renewable disability policy with a traditional definition of disability and graded benefit. Ideal for those who have been previously turned down for disability income protection, the graded benefit disability income offers 35 percent of the total benefit for the duration of a disability beginning in the first policy year; 70 percent beginning in the second policy year and 100 percent of the benefit for the duration of a disability beginning in the third (and successive) policy years.

Annuities

Assurity Life

The Ascential Bonus Annuity from Assurity Life is the smart choice to supplement your retirement planning. This low cost, single premium deferred annuity offers a 1 percent interest bonus is payable the first policy year. The guaranteed interest rate for the first policy year is the "current" interest rate. Thereafter, guaranteed interest rate is 3 percent.

There are no front-end or maintenance charges and surrender charges to you or your beneficiaries are waived should you become disabled, confined to a nursing home or die.1 You may also be able to withdraw up to 10 percent annually for the first nine years without surrender charges.2

Secure-3, Secure-5 and Secure-7 Annuities
This extended guarantee single premium deferred annuity is available for 3 years, 5 years, or 7 years. An excellent alternative to CDs, this product is just right for clients who desire short-term commitments with competitive interest rates. An interest bonus in year one helps enhance overall returns.

With only a $2,000 minimum deposit, you can take advantage of the security and safe growth of your funds the Ascential Secure Annuities provide.

There are no front-end or maintenance charges and surrender charges to you or your beneficiaries are waived should you become disabled, confined to a nursing home or die.1 You may also be able to withdraw up to 10 percent annually for the first nine years without surrender charges.2

Single Premium Immediate Annuity
The Ascential SPIA can provide a continuous stream of income that you cannot outlive, all from one lump-sum payment. After the initial premium payment, you can begin receiving a monthly income, starting just one month later and continuing for the rest of your life or for a set period of yearsýguaranteed.

The Single-Premium Immediate Annuity can be issued at ages 20 through 80 and requires a minimum premium of $10,000.

The Ascential Annuities from Assurity are exceptional additions to any well-rounded retirement portfolio. Offering safety, security and guaranteed growth with tax advantages, contact your Assurity agent to learn with Ascential Annuity is right for you.

Long Term Care

There's a good chance that you may need to pay for nursing home, assisted living or, home health care one day. In fact, more than half of the U.S. population will require long-term care at some point in their lives.

If you're concerned about being financially secure during your retirement years, you owe it to yourself and your loved ones to protect yourself against what could be the greatest threat to your financial security, the cost of long-term care.

 

Call us...we will go over it with you in more detail and run a quote for you.

Thank you in advance.