Disability

Venture (Rate Scale 4)

Original line of business: Aetna

Updated on: Dec 10, 2018

Product snapshot

For small business and franchise owners.

Basic product information

Product administration guide: N/A

Sample contract: N/A

Dividend options: N/A

Bonus: N/A

Dividend options

N/A

Bonus

N/A

Premium paying period

  • Clients may renew the policy after age 65 to age 75 as long as they are working on a full-time basis
  • Premiums may change on any policy anniversary

Policy fees

None

Deposit load

N/A

Values, loans & withdrawals

Non forfeiture option: Yes

Loans: N/A

Withdrawals: N/A

Non-forfeiture option

A period of 30 days grace from and excluding the day on which the premium is due will be allowed for the payment of each premium after the first. The policy will terminate if any premium remains unpaid after the grace period.

Loans

N/A

Withdrawals

N/A

Cash value

N/A

Reduced paid up

N/A

Riders & benefits

Premium offset/holiday: N/A

Premium offset/holiday

N/A

Death benefit

N/A

Reinstatement period

If this policy has been terminated for non-payment, it may be reinstated within 6 months by written application and with medical evidence along with all outstanding premiums due

Convertible

Non-convertible