LIFE INSURANCE PROTECTION...NO Medical Questions- Life Insurance Policy…guaranteed coverage - YOU...Up to $200,000- WORKING SPOUSE...Up to $100,000
(NON-WORKING SPOUSE $10,000)- CHILD...Up to $50,000
* Easy Payroll Deductions *Level Premium at the Same Level-Premium when you Leave Employment *Premiums as Low as $5/Week *Tax-Free Death Benefit for Your Beneficiaries *Taxed as Income until it is Withdrawn
LONG-TERM CARE...MoVLIC's Life-Insurance Policy includes Long-Term Care Coverage (6% of Policy's Face Amount) up to 34-monthswhen you have a Loss of 2-or-More of the 5-Activities of Daily Living over a 90-day period. 1. Bathing & showering 2. Choosing appropriate clothes & getting dressed 3. Using the bathroom without assistance 4. Walk, and get in-and-out of furniture & baths 5. Eat meals independently (not including cooking the meals)
CASH FUND...Premium payments to the Cash Fund are made from employee payroll deductions.
- As you pay your Premiums a Portion Goes Into Your Cash Fund and it Grows Over Time- Interest Rates of at Least 3% (can be more) Continue to Add to Your Fund- You Have the Ability to Take Out Loans- The Interest Earned in this Cash Fund is Not Taxed as Income until it is Withdrawn