strong-foundation-term-simplified-issued-rev.-12-2019-23
A Foresters (The Independent Order of Foresters) application packet intended for agents submitting individual life insurance applications via EQUIS. It includes submission instructions and checklists, product-specific 'Product Details' pages for term, universal and whole life, the full 6-page application form (personal, owner, beneficiary, lifestyle, medical, financial, payment/PAC authorization), the Temporary Life Insurance Agreement (TIA), disclosures (HIV/testing, replacement notice, privacy/MIB), illustration certification, producer report, and multiple supplemental health questionnaires (alcohol use, chest pain, diabetes, cyst/lump/tumor, drug/substance use, mental health). The packet clarifies required supplements and state-specific forms and contains examples and numeric thresholds (e.g., TIA limits: max $500,000 temporary coverage; age limits for TIA: <15 days or 71+ excluded; accelerated benefit minima/maxima such as minimum acceleration $4,500 and residual face amount $10,000).
Questions this document answers
$500,000 (subject to being the lesser of $500,000 and the amount applied for, excluding riders).
Proposed insured must be at least 15 days old and under age 71 to qualify for temporary coverage.
Each acceleration amount must be at least $4,500 and must leave a residual face amount of at least $10,000.