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TermSmart Term Life Insurance Term Life America
Insurance is proud to offer
ING ReliaStar Life.
Solid resources
backed by a combination of innovative products and service beyond
expectations. |
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ING ReliaStar Life - TermSmart Product Features |
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State Approvals |
Available in all states except: NY
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Type |
TermSmart 10:
Premiums are guaranteed to remain level for 10 years and
increase annually thereafter.
TermSmart 15:
Premiums are guaranteed to remain level for 15 years and
increase annually thereafter.
TermSmart 20:
Premiums are guaranteed to remain level for 20 years and
increase annually thereafter.
TermSmart 30:
Premiums are guaranteed to remain level for 30 years and
increase annually thereafter. |
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Conversion Options |
TermSmart plans are convertible, without evidence of
insurability, to selected permanent plans issued at that
time by the Company as follows:
TermSmart 10:
During the first 10 policy years not to exceed age 75
TermSmart 15:
During the first 15 years not to exceed age 75
TermSmart 20:
During the first 20 years not to exceed age 75
TermSmart 30:
Conversion to selected fixed or variable universal life
policies issued by ING life insurance company without
evidence of insurability |
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Issue Ages |
Age Nearest Birthday
TermSmart 10: 18-75
TermSmart 15: 18-70
TermSmart 20: 18-65
TermSmart 30: 18-50 (45 for Smokers)
In Washington
TermSmart 10: 18-70
TermSmart 15: 18-65
TermSmart 20: 18-60 |
Face Amounts
Min/Max |
Band 1 – $100,000 – 199,999
Band 2 – $200,000 – 999,999
Band 3 – $1,000,000+ |
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Modal Factors |
Semi-annual = .52
Quarterly = .265
Monthly = .0875 |
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Policy Fee |
$60: $100,000-$199,999
$50: $200,000+ |
Special Product
Features |
Accidental Death Benefit issue ages 18-60, provides
coverage up to face amount, to a maximum of $300,000,
expires on policy anniversary nearest to insured's 60th
birthday
Waiver of Premium available, issue ages 18-55,
automatically expires on the policy anniversary nearest to
the insured's 60th birthday
Children's Term Insurance available ages 15 days-18
years for child and 18-60 for insured parent, at $6.00 per
each $1,000 unit of coverage (minimum $2,000 = 2 units,
maximum $10,000 = 10 units)
Living Benefit Rider automatically included,where
approved, at no additional premium for eligible policies.
Owner can request payment up to $250,000 but not to exceed
the lesser of the total face amount of the policy, or 25% of
the total death benefit in-force with Reliastar Life on life
policies that have the same owner and insured |
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ING ReliaStar Life - TermSmart Underwriting Guidelines
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Classes |
Super Preferred No Tobacco
Preferred No Tobacco
Select No Tobacco
Standard No Tobacco
Preferred Tobacco
Tobacco |
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Re-entry |
At
the time of re-entry, the policy may be exchanged for a
comparable product available at that time, subject to
evidence of insurability and issue requirements, at the
insured's then attained age. Re-entry times are as follows:
TermSmart 5 & 10:
On or after the 10th anniversary and up to and including age
70
TermSmart 15:
On or after the 15th anniversary and up to and including age
70
TermSmart 20:
On or after the 20th anniversary and up to and including age
70
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Tobacco Definition |
Super Preferred No Tobacco: (SPNT)
A person who has not used tobacco or nicotine prod-ucts in
any form within the past five years, who is in excellent
health and meets the criteria.
Preferred No Tobacco: (PNT)
A person who has not used tobacco or nicotine prod-ucts in
any form within the past three years, and who meets the
criteria.
Select No Tobacco: (SeNT)
A person who has not used tobacco or nicotine prod-ucts in
any form within the past two years, and who meets the
criteria.
Standard No Tobacco: (SNT)
A nonsmoker who does not qualify for Preferred No Tobacco
and does not have a ratable impairment and has used no
tobacco or nicotine products in any form within the past one
year.
Preferred Tobacco: (PT)
A user of tobacco (less than two packs of cigarettes per
day) or nicotine within the past three years that meets all
the other criteria as a Preferred No Tobacco.
Standard Tobacco: (ST)
A tobacco user or nicotine user who does not qualify for
Preferred Tobacco rates and does not have a ratable
impairment. |
Special Underwriting
Features |
Super Preferred No Tobacco:
Blood Pressure: No current or prior blood pressure
reading in excess of
Age 0-60: 140/85
Age 61+: 150/90 No history of treatment for hypertension
Cholesterol:Treated or untreated
Age 0-70: Chol max 220 + ratio not > 5.0 OR Chol max 240 +
ratio not > 4.5
Age 71+ Chol max 280 and ratio not > 6.5
MVR: No DWI/DUI or reckless driving in the past 5
years and no more than 2 moving violations within the past 3
years.
Personal Medical History: Standard medical risk; no
history in past 30 years of cancer (other than basal cell
skin cancer).
Alcohol/ Drug: No history of drug or alcohol abuse in
past 10 years.
Family History (If proposed insured < age 60): No
cardiovascular deaths in parents prior to age 65.
Aviation or Hazardous Avocation/Occupation: Aviation
available - may have Aviation Exclusion Rider (AER); no
ratable hazardous avocation or occupation.
Preferred No Tobacco:
Blood Pressure: No current or prior blood pressure
reading in excess of
Age 0-60: 145/90
Age 61-70: 150/90
Age 71+: 160/90 Treated, well-controlled hypertensives with
pretreatment levels exceeding the above limit may be
considered for Preferred.
Cholesterol:Treated or untreated
Age 0-70: Chol max 240 + ratio not > 5.5 OR Chol max 260 +
ratio not > 5.0
Age 71+ Chol max 280 and ratio not > 6.5
MVR: No DWI/DUI or reckless driving in the past 5
years and no more than 2 moving violations within the past 3
years.
Personal Medical History: Standard medical risk; no
history in past 30 years of cancer (other than basal cell
skin cancer).
Alcohol/ Drug: No history of drug or alcohol abuse in
past 10 years.
Family History (If proposed insured < age 60): No
cardiovascular deaths in parents prior to age 60.
Aviation or Hazardous Avocation/Occupation: Aviation
available - may have Aviation Exclusion Rider (AER); no
ratable hazardous avocation or occupation.
Select No Tobacco:
Blood Pressure: No current or prior blood pressure
reading in excess of
Age 0-60: 150/92
Age 61-70: 155/92
Age 71+: 165/92 Treated, well-controlled hypertensives with
pretreatment levels exceeding the above limit may be
considered for Select.
Cholesterol:Treated or untreated
Age 0-70: Chol max 250 + ratio not > 6.5 OR Chol max 270 +
ratio not > 6.0
Age 71+ Chol max 290 and ratio not > 7.0
MVR: No DWI/DUI or reckless driving in the past 5
years and no more than 2 moving violations within the past 3
years.
Personal Medical History: Standard medical risk; no
history in past 30 years of cancer (other than basal cell
skin cancer).
Alcohol/ Drug: No ratable history of drug or alcohol
abuse.
Family History (If proposed insured < age 60): No
cardiovascular deaths in parents prior to age 60.
Aviation or Hazardous Avocation/Occupation: Aviation
available - may have Aviation Exclusion Rider (AER); no
ratable hazardous avocation or occupation.
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TermLifeAmerica.com-
Lewis Fink is licensed as an insurance agent offering Life Insurance in
the following states:
Alabama - AL,
Arkansas - AR,
California - CA,
Colorado - CO,
Connecticut - CT,
Delaware - DE, District of Columbia - DC,
Florida - FL,
Georgia - GA,
Idaho - ID,
Illinois - IL,
Indiana - IN,
Iowa - IA,
Kansas - KS,
Kentucky - KY,
Louisiana - LA,
Maine - ME,
Maryland - MD,
Massachusetts - MA,
Michigan - MI,
Mississippi - MS,
Missouri - MO,
Montana - MT,
Nebraska - NE,
New Mexico - NM,
New Jersey - NJ,
New York - NY,
North Carolina - NC,
North Dakota - ND,
Ohio - OH,
Oklahoma - OK,
Pennsylvania - PA,
Rhode Island - RI,
South Carolina - SC,
South Dakota - SD,
Tennessee - TN,
Texas - TX,
Utah - UT,
Vermont - VT,
Virginia - VA, and
Wisconsin - WI.
Not all insurance products
from all insurance companies are available in all states.
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