Indiana Farm Bureau Insurance's Accidental Death Benefit option is an easy, inexpensive way to increase the amount of life insurance you provide for your family in the event of your accidental death.
This supplemental insurance rider can be issued to policyholders ages 18 to 60. If you buy the maximum amount allowable, it can double the face amount of your life insurance policy if your death occurs as the result of a bodily injury due to an accident. As an example, a $50,000 life insurance policy would pay $100,000 to your family if you die in an accident.
This special optional coverage is perfect for young families for whom the most frequent cause of death of the breadwinner is accidental death. The coverage expires at age 70 and only applies when death occurs within 90 days of bodily injury. Available amounts range from $10,000 to $225,000 (depending upon the size of your base policy).
Accidental Death Benefit Brochure
Gift of Security
Parents often buy items for their children that they soon outgrow. Life insurance is something children will never outgrow. It is a gift of security and the start of a solid financial future. Indiana Farm Bureau Insurance's Child Rider allows you to add life insurance protection for your children to your life insurance policy at a very reasonable cost. You can count on your
local agent to help you plan for your child's future.
Guaranteed Insurability
Many people take life insurance for granted, but not everyone can qualify for it. With a Child Rider from Indiana Farm Bureau Insurance, when your child reaches age 25, the face amount of the rider can then be converted* to a permanent life insurance policy of the child's own without physical examination or proof of insurability. This allows you to lock in the future insurability of your child today.
* The child must covert this policy on or within 30 days of their 25th birthday.
Child Rider Brochure
Your
local agent can show you how a Crisis Care or Health Care Rider can guarantee access to a ready source of cash to prevent a devastating financial situation if unexpected medical emergencies or nursing home expenses arise.
With expenses associated with medical emergencies and nursing home care taking a major financial toll on so many families, we are dedicated to protecting the well-being of our policyholders.
Protection from Unexpected and Additional Medical Expenses
More than likely, your health insurance program will cover expenses directly associated with most medical procedures, but they do not make your monthly mortgage payments, pay your bills, or put food on the table. A Crisis Care Rider attached to a whole life policy will pay you up to 25% of the face amount of the policy if you experience any of seven major medical emergencies including a heart attack, coronary bypass, stroke, cancer, or organ transplant.*
Protect Your Estate if You Have Nursing Home Care Costs
A Health Care Rider added to a whole life policy can help you pay for nursing home care without greatly diminishing the value of your estate. It will pay you up to 50% of the face value of your policy, in monthly installments, to help cover the costs of nursing home care, home health care, and adult day care.*
* Per current IRS regulations, benefit amounts may be taxable. See your tax advisor
Crisis Care / Health Care Rider Brochure
An unexpected disability could prevent you from working and making payments on your bills. Our Waiver of Premium rider is an inexpensive way to help insure that payments continue to be made on your life insurance if you become disabled for a period of six months or more.
For a small additional fee, our Waiver of Premium rider is available on virtually every life insurance policy Indiana Farm Bureau Insurance offers. When certified as being totally disabled, we will waive all payments on your life insurance during the period of time you are disabled, without any penalty.
For example, if accumulating money for retirement is your goal, the cash values that your policies have built up won't be depleted. If you bought a life insurance policy to cover the mortgage on your home or to protect your family, your plan will still be firmly in place.
Ask your
local agent about Waiver of Premium rider. It's an effective way to protect yourself and your family from an unexpected disability.
Waiver of Premium Brochure
