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KJT has many optional riders that can be attached for an extra premium to various whole life and term policies to enhance the coverage that they provide.
ACCIDENTAL DEATH
Accidental death protects the insured for the amount of the accidental death coverage specified in the certificate until the anniversary nearest the insured's 65th birthday. If death occurs by accidental means, the rider amount will be added to the death benefit.
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- Issue age 0 - 55
- Minimum amount - $5,000
- Maximum amount - $300,000 and may not exceed the face amount of the certificate
WAIVER OF PREMIUM
Protects the premiums of the insured (16 and over) in the event of the insured's total disability. Premiums are waived on all benefits included in total premium. Waiver of premium protects the insured (16 and over) until the anniversary nearest the insured's 60th birthday.
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- Issue age 0 - 55
PAYOR WAIVER OF PREMIUM
Premiums are waived on all benefits included in total premium. Payor waiver of premium protects the premiums of the insured in the event of the payor's death or total disability.
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- Issue age 16 - 55
- Payor must provide evidence of insurability
GUARANTEED INSURABILITY OPTION (GIO)
The GIO rider is a benefit rider designed to provide the insured an option to purchase additional insurance at standard rates without having to prove insurability on each option date. The rider can be attached to Select Whole Life, Econolife, 10 Pay Life, and 20 Pay Life.
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- Issue age 0 - 37
- Minimum - $5,000
- Maximum - $25,000
- Rider cannot exceed the face amount of the certificate
- Option dates - 25, 28, 31, 34, 37, and 40 years of age
CHILD TERM RIDER
The children's term insurance rider is a rider designed as an economical way to provide life insurance protection until age 25. One premium covers all of the children in the family. It features a special conversion option and can be attached to any premium paying KJT plan of insurance (including term insurance).
- Issue age 0 - 17 (child must be at least 15 days old and not over 17 1/2 years old on date of application)
- Minimum - $5,000
- Maximum - $15,000
- Sold in $5,000 increments only
- Rider is guaranteed convertible during the term period
- May be converted to a permanent plan of insurance up to 5 times the amount of the rider
- Issue amounts and annual premium
- $5,000 - $30
- $10,000 - $60
- $15,000 - $90
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