Product Description
(C) AccesDirect.
Preferred Term is a non-participating renewable term plan that provides our clients with exceptionally competitive entry rates. It is available with 10 Year and 20 Year terms and each plan renews with the same term as the original. The coverage continues until age 80, after which time it terminates. This plan is also convertible to a Term to 100 plan with rates that are guaranteed in the contract. This conversion privilege is available until age 70. Super-Preferred and Preferred rates are available to qualified nonsmokers for the first term only. Preferred Term can also be added to a Universal Life as a rider to enhance the coverage and flexibility of those plans.

Issue Ages and Classifications
(use age nearest birthday)

	10 Year Term	20 Year Term
Super-Preferred	18-70	18-60
Preferred	18-70	18-60
Nonsmoker	18-70	18-60
Smoker	18-70	18-60

Issue Amounts

Band 1:	$100,000 to $249,999
Band 2:	$250,000 to $499,999
Band 3:	$500,000 to $999,999
Band 4:	$1,000,000 and higher to a maximum of $15,000,000

(for quotes above this amount, please contact your agent)

Premiums (Calculation Form - click here)

Nonsmoker rates are available for those who have not smoked cigarettes and/or cigarillos during the last 12 months. Pipe and cigar smokers, along with tobacco chewers can qualify for nonsmoker rates; if use is excessive, however, a sub- standard rating will apply.

Super-Preferred and Preferred rates are only available to those who have not used any tobacco products in the last 12 months. Additional criteria must be met to qualify for the preferred classifications. (see Preferred Classifications for details)

Policy Fee
There is no annual policy fee for this plan.

Premium
Premiums for Preferred Term are guaranteed not to change for the duration of the contract.
(Calculation Form - click here)

Renewability
The Preferred Term plan allows for the plan to be renewed at the end of the 10 or 20 year term. The renewal rates are based on the original term as well as the life insured's age, sex and smoking status at the time of issue. The plan is renewable until the insurance coverage terminates when the insured reaches age 80.

Special Conversion Rider
Preferred Term also offers a rider that allows the plan to be converted to any permanent life insurance plan offered at the time of the conversion. Coverage on the permanent plan will be subject to the minimum and maximum requirements at the time of conversion. The conversion right is available, without any further evidence of insurability, at any time before the age of 70, provided the coverage is still in force. The charge for this rider is 5% of premium and the rider must be chosen at the time of issue of the Preferred Term plan. If the plan contains the AD&D benefit, the plan owner has the right to include this benefit in the converted plan, subject to any age requirements. If the Preferred Term plan includes Waiver of Premium, the converted plan will automatically include this rider, provided that the converted plan is a non- participating permanent insurance plan and the life insured is not disabled at the time of conversion.

Conversion Right
Preferred Term may be converted, without any further evidence of insurability, to a Term to 100 with a contractually guaranteed premium, at any time before age 70, provided the coverage is still in force. If the plan contains the AD&D benefit, the plan owner has the right to include this benefit after the date of conversion, subject to any age requirements. If the Preferred Term plan includes Waiver of Premium, the converted plan will automatically include this rider, provided that the life insured is not disabled at the time of conversion.

Underwriting
All policies will be issued on an age nearest birthday basis. A paramedical report will be required with all applications. Further underwriting reports may be required depending upon the applicant's age and the Sum Insured requested. The underwriting requirements are based on the current amount applied for. For further information, please refer to the underwriting requirements chart in this rate card.

Preferred Term Preferred Classifications
Those who qualify under normal underwriting procedures as a nonsmoker may be able to qualify for one of the preferred classifications. The following questions will give you a general idea of whether the applicant may qualify for the Super-Preferred or Preferred classifications. If the applicant is under the maximum weight limits as defined in this rate card, and all of the following questions are answered "No", there is a good probability that the applicant will qualify for Preferred or Super-Preferred classification. A positive response to a question may not necessarily eliminate them from the preferred classes, but the final determination will be at the discretion of an underwriter.

1. Has the applicant used any form of tobacco during the last 12 months, including cigarettes, cigars, cigarillos, pipes or chewing tobacco?
2. Has the applicant or anyone in his or her immediate family ever had, or been advised of, any health problems related to blood pressure, cholesterol, heart disease, cancer or diabetes?
3. Has the applicant ever received counseling or treatment for the use of alcohol or drugs?
4. Has the applicant had more than two minor motor vehicle moving violations within the last two years or any major driving infractions, including driving under the influence of alcohol, within the last 5 years?
5. Does the applicant participate in any hazardous activities or avocations such as gliding, ballooning, car and motorcycle racing, skin diving, scuba diving, sky diving or aviation?