Grange Web
Grange Whole Life Quote Program
Old American Life Application
Old American Rx Drugs
Old American Plans
Agent e66820
Old American Insurance Company (OAIC):
Immediate Death Benefit Products:
1. Budget Master Preferred (BMP): our best Final Expense rates; applicant answers “No” to 16 questions
a. Issue Ages: 0 – 80
b. Face Amounts:
i. $5k- $100k (ages 0- 60);
ii. $5k- $50k ages 61+
c. Requires Agent assisted Point of Sale (POS) interview with the client;
d. Face amounts over $25k may require exam
e. Agent must see applicant.
2. Peace of Mind Guaranteed (POM GUR): Similar to BMP but designed to be paid up in 10 years; applicant answers “No” to all 16 questions.
a. Issue Ages: 0 – 75
b. Face Amounts:
i. $1500- $100k (ages 0- 60);
ii. $1500- $50k ages 61
c. Requires agent assisted Point of Sale Interview (POS) with the applicant
d. Face Amounts over $25k may require exam
e. Agent must see applicant.
3. Budget Master Standard (BMS): Final Expense rates with questions 1- 12 answered “No”;
a. Ages: 0 – 85 (depending on face amount)
b. Face Amount: $1k- $25k (can increase from $25k to $35k after 12 months w/out exam)
c. Requires Agent assisted Point of Sale Interview (POS) with the client
d. Agent must see applicant.
4. Pease of Mind for Tomorrow (POM TOM): Juvenile coverage that is fully paid up after 10 years.
a. Issue Ages: 15 days- 15 years
b. Face Amounts: $5,000 or $10,000
c. Premiums: $12/month or $22.50/month
d. 3 health questions on POM TOM app answered “No”
e. No riders or height/weight chart.
Graded Death Benefit Products:
5. Budget Master Qualified (BMQ): Graded DB in first 2 years (return of premiums + 10%; accidental death 100% covered); Questions 1- 8 answered “No”; no exams; no Point of Sale interview; Rx Check for amounts over $5k only
6. Budget Master Qualified Limited (BMQL):
a. Ages: 40- 80
b. Face amount: $1k- $25k (can add add’l $10k to $35k max yr 2); Question 1- 4 answered “No”; Customers with very tough to place risks; Graded DB in first 2 years (return of premiums + 10%; accidental death 100% covered); no exams; no Point of Sale interview; No Rx Check
