American Income Life Insurance Company s2
AMERICAN INCOME LIFE INSURANCE COMPANY
Executive Office: P.O. Box 2608, Waco, Texas 76797 (254)751-8600
www.ailins.com
MASSACHUSETTS DISABILITY INCOME INSURANCE POLICY SUMMARY
Policy Form D50008
Policy Category: Disability Income Insurance
(1) Read Your Policy Carefully – This policy summary provides a very brief description of the important features of your policy. This is not the insurance contract and only the actual policy provisions will control. The policy itself sets forth in detail the rights and obligations of both you and your insurance company. It is, therefore, important that you READ YOUR POLICY CAREFULLY!
(2) DISABILITY INCOME PROTECTION COVERAGE – Policies of this category are designed to provide, to persons insured, coverage for disabilities resulting from a covered accident or sickness, subject to any limitations set forth in the policy. Coverage is not provided for basic hospital, basic medical-surgical, or major medical expenses.
(3) RENEWAL PROVISIONS – YOU HAVE THE RIGHT TO RENEW UNTIL:
A. You retire or stop working at the occupation stated in the application.
B. You reach age 65. After age 65 you may renew only with the consent of the company.
C. We give you at least 60 days written notice that we will not renew all like policy forms in your state.
PREMIUM RATE CHANGES:
We may change the premium rates. A change will apply to all contracts with the same form number as yours which are in force in the state you live in.
(4) BASIC BENEFITS OF YOUR POLICY
$ WEEKLY DISABILITY INCOME BENEFIT:
1. ACCIDENTS OR ILLNESS:
TOTAL DISABILITY BENEFITS FOR WEEKS
FIRST DAYS EXCLUDED FOR ACCIDENT
FIRST DAYS EXCLUDED FOR ILLNESS
FULL BENEFITS from the day of disability and medical attention. Provides weeks for any one period of disability.
Total Disability means the inability to perform the material and substantial duties of your regular occupation.
2. RECURRENT DISABILITIES:
If you resume your occupation for 30 days or more, disability benefits will be reactivated for an additional
weeks.
(5) OTHER BENEFITS OF YOUR POLICY
ADDITIONAL HOSPITAL BENEFIT:
If you are a patient in a licensed hospital, we will pay an additional amount equal to your weekly benefit.
WAIVER OF PREMIUM:
If you have received total disability benefits for the maximum benefit period of weeks, we will waive payment of premiums for a period of time equal to the maximum benefit period of weeks.
SPECIFIC LOSS ACCIDENT BENEFITS:
Loss must occur within 90 days from the date of the accident.
Loss of Life $2,000.00
Loss of Both Hands $2,000.00
Loss of Both Feet $2,000.00
Loss of One Hand and One Foot $2,000.00
Loss of Sight of Both Eyes $2,000.00
Loss of One Hand $1,000.00
Loss of One Foot $1,000.00
Loss of Sight of One Eye $1,000.00
We will pay double the weekly benefit for loss resulting as a fare paying passenger on a common carrier.
(6) EXCLUSIONS, REDUCTIONS AND LIMITATIONS OF YOUR POLICY
THE POLICY DOES NOT COVER-
1. Mental disorder or neurosis;
2. War or act of war;
3. Intentionally self-inflicted injuries;
4. Any use of an aircraft except as a passenger without duties of any kind on a civilian aircraft flown by a licensed pilot.
(7) FREE LOOK – You have 10 days to review this policy. If you decide you don’t want to keep it, send it back to the agent or company within 10 days of receiving it and you will get a refund of all premiums you have paid.
Complaints – If you have a complaint, call us at (254) 751-8600 or your agent. If you are not satisfied, you may write or call the Massachusetts Division of Insurance, 470 Atlantic Ave., Boston, MA 02210-2208. In Boston call (617) 521-7777. In Springfield call (413) 784-1190.
AG-1626 MA