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Intro | Coverage | Premiums | Eligible States | FAQs | Application
This is a special Group Term Life Insurance Plan for DAN Members and their spouses. "Pure" insurance such as this is the type most recommended by financial experts. It offers the best value for your money -- most especially when available at DAN's group rates.
This DAN Plan is ideal for those who wish to enjoy greater flexibility in their financial planning. You can buy a smaller amount to update existing coverage; or a larger amount to serve as your complete insurance protection.
- $30,000, $50,000, $100,000, or $200,000.
- For DAN Members and their spouses.
- Coverage is renewable to age 70.
- No physical exam normally required.
- "Accelerated Benefits" included - receive up to 60 percent of benefits early, if diagnosed with a terminal illness (as defined by the policy).
- 30-day risk-free inspection privilege.
- Diving Death Benefit - 10 percent additional payment in the event of a diving-related death, up to $25,000.
Protection you can trust -- for the family you love.
Life Insurance should be the foundation of every family's financial security. If a parent dies, a large sum of money is often needed to help replace lost income, repay debts and restore the family's goals of home ownership, college education and retirement.
Financial experts recommend term life insurance because you get insurance, with no costly savings element added. This exclusive plan is backed by The United States Life Insurance Company, a name you can trust.
ELIGIBILITY
DAN Members between the ages of 18 to 64 are eligible to apply. Members must be able to perform the normal activities (as defined by the policy) of a person of like age, sex or retired status on the date insurance is to take effect. If not, the insurance will take effect on the date the insured resumes such activities. Dependents must not be hospitalized on the date the insurance is to take effect. If hospitalized, the insurance will take effect on the next business day after the insured has been discharged.
BENEFITS
DAN Members may each choose a benefit amount of $30,000-$200,000. The amounts need not be the same. But please note: if both apply, the spouse may not select a benefit amount higher than the member.
RENEWABLE
You can renew your coverage to age 70 regardless of your health, as long as the Master Policy remains in force, you remain a member of DAN, and premiums are paid when due. You can never be singled out for cancellation; you may cancel your coverage at any time.
BENEFIT INCREASE for RECREATIONAL DIVERS
If an insured member dies as a result of injury caused by an accident that occurs while performing a recreational scuba dive, DAN will pay an additional benefit equal to 10 percent of the member's life insurance up to a maximum of $25,000.
ACCELERATED BENEFITS
If an insured member is diagnosed with a terminal illness that will result in death in six months or less, a sum of up to 60 percent of the total benefit less the discount is available prior to death. This money can be used for any purpose, such as paying medical bills, or making the most of the precious months that remain. The remainder of your total benefit will then be paid to your beneficiary when death occurs, provided premiums continue to be paid.
EXCLUSION
In the event of suicide during the first two years (one year in Colorado) the Plan is in force, benefits are limited to a full return of premiums paid. Policy benefits are not assignable.
SPECIAL GROUP RATES
The rates below are based on the age of the insured individual at the time coverage is issued. Rates increase as you enter each five-year age band. You can never be singled out for a rate increase.
RISK-FREE INSPECTION
You can examine this insurance risk-free. If, within 30 days of receiving your Certificate of Insurance, you are not completely satisfied, simply write "cancel" on the certificate and mail it back. Any premiums you have paid will be promptly refunded in full or credited to your account, and your certificate will be void from the beginning of the coverage period.
View this plan's Premium Schedule
MIB DISCLOSURE NOTIFICATION - Please Read Carefully
Information regarding your insurability will be treated as confidential. The United States Life Insurance Company in the City of New York, or its reinsurers may, however, make a brief report thereon to the Medical Information Bureau, a non-profit membership organization of life insurance companies, which operates an information exchange on behalf of its members. If you apply to another Bureau member company for life or health insurance coverage, or a claim for benefits is submitted to such a company, the Bureau, upon request, will supply such company with the information in its file.
Upon receipt of a request from you, the Bureau will arrange disclosure of any information it may have in your file. If you question the accuracy of information in the Bureau's file, you may contact the Bureau and seek a correction in accordance with the procedures set forth in the federal Fair Credit Reporting Act. The address of the Bureau's information office is Post Office Box 105, Essex Station, Boston, Massachusetts 02112, telephone number is (617) 426-3660.
The United States Life Insurance Company in the City of New York, or its reinsurers, may also release information in its file to other life insurance companies to whom you may apply for life or health insurance, or to whom a claim for benefits may be submitted.
This brochure is a summary of benefits only and is subject to the terms,
conditions and limitations of Group Policy G-206,071.
This entire package is an outline of the certificate provisions and does not contain
all of the benefit limitations and exclusion provisions of your policy. For complete
terms of the insurance coverage, please refer to your certificate.
Protecting DAN Members with high-quality, affordable life insurance for DAN Members
In this summary, we have attempted to explain clearly and briefly the benefits available to you under this Plan as a DAN Member. All the provisions of the Plan are contained in the Master Policy. Since the Master Policy is complete in detail, the final interpretation of any specific provision or claim is governed by it.
For more information, please call 1-800-446-2671.
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