Ensured Legacy Final Expense

RNA Ensured Legacy Consumer Brochure.pdf
RNA Ensured Legacy Consumer Letter.pdf
RNA Ensured Legacy Product Profile Brochure (Agent use).pdf
RNA Ensured Legacy Agent Training Guide.pdf
RNA Ensured Legacy FAQ's.pdf
RNA Riders Brochure.pdf
RNA Ensured Legacy Paper Application COPY.pdf
RNA Ensured Legacy Training Video

Face Amounts

Simplified Issue Whole Life (SIWL): $5,000 - $40,000 (Standard) and $25,000 - $40,000 (Preferred)      

Graded Death Benefit (GDB): $5,000 - $20,000

Guaranteed Issue (GI): $3,000 - $10,000

Issue Ages (age last birthday)

• Simplified Issue Whole Life: ages 50 - 85 (Standard) and 50 - 75 (Preferred)
• Graded Death Benefit: ages 50 - 85
• Guaranteed Issue : ages 50 - 80

Loans

• Owners may borrow against the cash value of the certificate#1
• Loans are available up to the cash value
• 8% interest rate in arrears; 6% in Montana
• Automatic Premium Loan option (APL) is available

Risk Classes

• Female/Male
• Tobacco/Non-Tobacco
  • SIWL Preferred
  • SIWL Standard
  • GDB
• No Tobacco Class
  • GI (If applying for the Guaranteed Issue plan, medical questions will be bypassed.)

Phone Application:

For Simplified Issue and Graded Death Benefit Whole Life only. After pre-qualifying your client, call the MRS Phone Application Interview line at: (866) 281-9228

• Interviewers are available:
  • 8 a.m. to 9 p.m. CT, Monday through Friday
  • 8 a.m. to 3 p.m. CT, Saturday

Accelerated Death Benefit Rider1 – Terminal Condition and Permanent Confinement#4 (Form Series 221203)

• Provides a one-time lump sum payment of a portion of Certificate's death benefit to the Owner of the Certificate if the insured is diagnosed with a qualifying terminal illness or condition
• With a qualifying event, the Owner can accelerate part of the death benefit: – A terminal condition resulting in a life expectancy of 12 months or less from the date of the certification by the Physician of the terminal condition. – The insured’s continuous confinement to a qualified nursing home, beginning after the date coverage begins, from a date at least 90 days prior to the request for acceleration, with the confinement expected to continue until the Insured’s death, as certified in a Physicians’ statement.
• The maximum accelerated benefit is the lesser of 75% of the certificate’s death benefit, or $100,000. Minimum Accelerated Benefit is $5,000 and the Maximum Administrative Fee is $100.
• Issue age availability is the same as the base.
• Available when the face amount is $7,000 or greater.
• Only one acceleration for an insured is allowed.

Accidental Death Benefit Rider2 (Form Series 222140)

• Provides the full rider face amount if the insured’s death is within 180 days of the Accidental Bodily Injury as defined in the rider
• Available for an additional premium
• Adding the Accidental Death Benefit Rider gives your clients’ families an additional death benefit, should they pass away due to an accident as defined in the rider
• Issue ages 50–70
• Expires on the first certificate anniversary on or after age 80
• Flexible face amount: – SIWL: $5,000–$40,000 – GDB: $5,000–$20,000 – GI: $3,000–$10,000
• Rider can be issued on any certificate, and rider will always be available as standard rating
• Rider available only at issue
• Rider eligible for reinstatement

Charitable Giving Rider3 (Form Series 221113)

• Provides an additional Charitable Benefit Amount, to be paid in a single lump sum amount will be the lesser of 1% of the face amount at the time of the insured’s death or $1,000
• By selecting our Charitable Giving Rider, your clients can take comfort knowing they are not only financially helping their loved ones when they pass, but a charity that is important to them
• Issue ages 50–85
• Rider must be elected (from a pre-defined list) and charity must be designated at the time of application. Charity can be updated during the life of the certificate. If charity is no longer in existence at the time of death, the benefit would be donated to the Lift Women’s Foundation, 501(c)(3)
• Available on all products
• Rider eligible for reinstatement
• No premium is charged for rider
• A lien against the policy due to an acceleration of the death benefit will not affect the 1% of certificate paid out to a charity
• Owner has the right to change the charity until the death of the insured. On assignment, the designation becomes irrevocable.
• Only payable on death, not maturity
• Rider will terminate if the base certificate goes into extended term insurance (ETI)

Grandchild Rider4 (Form Series 221081)

• Your clients can give all their grandchildren $5,000 of life insurance coverage when they select our Grandchild Rider
• $60 annually and covers any number of eligible grandchildren as defined in the rider
• Issue ages 50–85
• Minimum age of 90 days and maximum through age 17 (unless enrolled in accredited education institution and has not reached age 25)
• Beneficiary of the rider is the insured of the life certificate or the estate of the insured under the rider
• Must be living with a parent or grandparent at the time of death, unless enrolled in accredited education institution
• Rider terminates when base contract is terminated
• Coverage terminates upon request of insured
• Conversion allowed to permanent product (Jet WL today) through age 17 (unless enrolled in accredited education institution and has not reached age 25)
• For conversions, the face amount ranges for which the new life insurance certificate may be issued will be: – Ages 90 days to 9: $5,000 – Ages 10 to 14: $5,000–$10,000 – Ages 15 to 19: $5,000–$15,000 – Age 20–24, but not more than 31 days prior to the 25th birthday: $5,000–$20,000 – Within 31 days of 25th birthday: $5,000–$25,000
• Can convert any time before base expires, at the time of expiration, or at the time of death of the insured (within 90 days of the notice of date of death, but no longer than 6 months from the actual date of death)
• Rider will terminate on absolute assignment. We will allow a conversion within 90 days from absolute assignment.
• Covers all grandchildren in a family (step, natural or legally adopted)
• Does not cover great-grandchildren
• Rider only available at issue
• Rider eligible for reinstatement
• Rider can be issued on any certificate and rider will always be issued as standard rating
• Owner can terminate the rider at any time
• Claims amounts may be “stackable” if more than one grandparent owns a policy and a rider

 Accelerated Death Benefit Riders are not health, disability or long-term care insurance nor are they intended to replace health disability or long-term health insurance. Not available on all products or in all states. Receipt of acceleration of life insurance death benefits may be taxable and may affect the eligibility for public assistance for the Owner, the Owner’s spouse’s, or the Owner’s family. Consult your tax professional or social services agency for details. Not available on Guaranteed Issue (Form Series 221309), the benefits are not assignable, and the rider must be added prior to issuance of the certificate or at the time of reinstatment. Only available on certificates with a face amount of $7,000 or higher. No additional premium required.

1. This rider expires on the anniversary in which the insured reaches age 80. The rider must be added prior to issuance of the base certificate or at the time of reinstatement. An additional premium is required for this rider.
2. At time of claim, an additional 1% on top of face amount, up to a maximum of $1,000, goes to the 501(c)(3) charity of owner’s choice. Rider will terminate if the base certificate goes into extended term insurance (ETI). The certificate Owner has the right to change the charity until the death of the insured. On assignment, the designation of the charity becomes irrevocable. No additional premium required.
3. The Beneficiary of this rider is the insured of the life certificate to which the rider is attached. This rider terminates either upon the request of the insured or when the base certificate terminates or is paid. The rider must be added prior to issuance of the base certificate or at the time of reinstatement. Rider is convertible to permanent coverage for the Grandchild at any time before the base certificate expires, is terminated, or before the death of the insured. An additional premium is required for this rider.

Jet Term Life

RNA Jet Term Consumer Brochure.pdf
RNA Jet Term Product Profile Agent Use Only.pdf
RNA Jet Term Living Benefit Rider Brochure.pdf

Issue ages

• Jet Term 15 – Issue ages 18 – 65
• Jet Term 20 – Issue ages 18 – 60
• Jet Term 30 – Issue ages 18 – 50

Face Amount

• $50,000 minimum
• $2,500,000 pre-approved maximum (subject to underwriting and reinsurance restrictions)
• $2,500,001 - $5,000,000 needs approval from reinsurer

Conversion

Your clients can choose to convert their Royal Neighbors Jet Term Life certificate into any Royal Neighbors permanent coverage.

Risk Classes

Super Preferred Non Tobacco, Preferred Non Tobacco, Preferred Tobacco, Standard Non Tobacco, Standard Tobacco, Substandard 1 and Substandard 2

Accelerated Underwriting

Jet Whole Life

RNA Jet Whole Life Adult Consumer Brochure.pdf
RNA Jet Whole Life Youth Consumer Brochure.pdf
RNA Jet Whole Life Living Benefit Agent Guide.pdf
RNA Jet Whole Life Living Benefit Rider Consumer Brochure.pdf

Issue ages

Jet Whole Life

• 20-Pay Life: Issue Ages 18 - 65
• Level Pay: Issue Ages 18 - 80

Jet Youth Whole Life

• 20-Pay Life: 0 - 17
• Level Pay: 0 - 17

Face Amount

Jet Whole Life

• $25,000 minimum
• $2,500,000 pre-approved maximum (subject to underwriting and reinsurance restrictions)
• $2,500,001 - $5,000,000 needs approval from reinsurer

Jet Youth Whole Life

• $10,000 minimum
• $49,999 maximum 

Loans

Certificate owner may borrow against the cash value of the certificate. Loans will bear an interest rate of 8% per annum with interest payable at the end of each certificate year (6% in Montana).

Conversion

Your clients can choose to convert their Royal Neighbors Jet Whole Life certificate into Royal Neighbors term life coverage.

Risk Classes

Super Preferred Non Tobacco, Preferred Non Tobacco, Preferred Tobacco, Standard Non Tobacco, Standard Tobacco, Substandard 1 and Substandard 2

Accelerated Underwriting

Single Premium Life

RNA Single Premium Consumer Brochure.pdf
RNA Single Premium Agent Guide.pdf
RNA Single Premium Paper Application COPY.pdf
RNA Single Premium Rider Brochure.pdf

Issue ages

• 45 – 80 age last birthday
• 45 – 80 for Substandard Non-Tobacco
• 45 – 80 for Substandard Tobacco

Premium amounts

• $5,000 - $500,000 (anything over $200,000 requires Home Office approval)

Loans

• Certificate owners may borrow against the cash value of the certificate
• $500 minimum loan amount
• 8% interest rate in arrears
• A single premium whole life plan can be a modified endowment contract (MEC)*; lifetime benefits paid to the owner of his certificate through the loan provision may be subject to taxation.
• Automatic premium loan option is available

*All distributions from a MEC (including loans) are taxable as income at the time the funds are received by the taxpayer. Distributions are taxable as income first, and recovery of basis (Premiums Paid) second. A 10% penalty tax is imposed by the IRS on all amounts received by the taxpayer unless the distribution is made after the taxpayer has attained age 59 ½ or is disabled.

Risk Class

• Male/Female
• Tobacco/Non-Tobacco User
• Standard - risks up to Table 4 
• Substandard – risks Table 5 – 8