Your ability to work and generate income is your greatest asset — and if a disability ever left you unable to work, a combination of increased expenses (medical costs, child care, special equipment, etc.) and lost income could create financial difficulties.
Fortunately, Secure Income PlusSM disability insurance can help you lessen these difficulties — while also offering a return of premium feature. If a disability prevents you from working, the insurance can provide a monthly benefit. If benefits are received, they can help pay for your mortgage and other bills while you focus on recovering. And if you continue to pay the premiums and reach age 65, you’ll receive a full refund of the sum of all premiums you’ve paid, minus any benefits received.
- Can provide a reliable source of income should a disability prevent you from working
- Returns the sum of all premiums paid, less any benefits received, if you continue to pay premiums and reach age 65; should you need to cancel your policy before then, you’ll receive a percentage of the premiums paid, less benefits paid1
- Depending on your age and occupation, you may be able to select the maximum length of time monthly benefits will be paid for any one
qualifying disability, from two to five years or all the way to age 65
- Once your policy is in force, your benefits can never decrease, as long as premium is paid, and your premiums can never increase
2
- Additional Monthly Income delivers an additional benefit for up to six months in case of a total disability3
- Partial Disability if, following a total disability, you continue to qualify as partially disabled, you’ll receive one-half of your total benefit for up to six months
- Hospital Monthly Income pays additional income for total disability if you’re confined to a hospital
- Accidental Death and Dismemberment pays an additional lump-sum benefit in the event of an accidental dismemberment or loss of life
Important Note: All benefits payable are subject to the terms and conditions of the policy, including benefit durations, limitations and exclusions. Not all benefits and exclusions are covered in every state. Please consult the policy form and outline of coverage for details.
1 The return of premium provision does not adjust the sum of the premiums paid for the time value of money
or the effects of inflation
2 There may be a charge for each rider selected. See the rider for details regarding the benefit descriptions, limitations and exclusions.
3 Available only with elimination periods of 30, 60 or 90 days. The elimination period must be the same for this benefit and the basic monthly income.
Policy issued by: American General Life Insurance Company
2727-A Allen Parkway, Houston, TX 77019
Secure Income Plus Policy Form Number 02114 and 02115
Additional Monthly Income For Total Disability Rider Form 02080
Accidental Death and Dismemberment Benefit Rider Form 02081
Hospital Monthly Income For Total Disability Rider Form 02082
Partial Disability Benefit Rider Form 02083
The underwriting risks, financial and contractual obligations and support functions associated with products issued by American General Life Insurance Company (AGL) are its responsibility. American General Life Companies, www.americangeneral.com, is the marketing name for the insurance companies and affiliates comprising the domestic life operations of American International Group, Inc., including AGL. AGL does not solicit business in the state of New York. Policies and riders not available in all states.
