Terms and Conditions for IUL Rehab

1. Introduction

These Terms and Conditions outline the agreement between you (the policyholder) and IUL Rehab ("IUL Rehab", "we", "us", "our"). By purchasing a life insurance policy from IUL Rehab you agree to be bound by these Terms and Conditions.

2. Eligibility

To be eligible for a life insurance policy with IUL Rehab applicants must be at least 18 years of age and meet other criteria as specified during the application process. We reserve the right to decline any application for insurance.

3. Policy Coverage

The specific details of your life insurance coverage, including the scope of coverage, premium amounts, payment schedules, and duration, will be detailed in your individual policy agreement. It is your responsibility to thoroughly understand the terms of your policy.

4. Premium Payments

Policyholders are required to pay premiums on time as outlined in their policy agreement. Failure to pay premiums as agreed may result in policy cancellation. IUL Rehab may adjust premium rates with appropriate notice.

5. Policy Changes and Adjustments

Any changes to your policy, including changes in beneficiaries or coverage amounts, must be made in accordance with IUL Rehab procedures. Such changes may not be effective immediately and could be subject to additional underwriting and approval.

6. Claims Process

In the event of a claim, the policyholder or designated beneficiary must notify IUL Rehab promptly. Claims will be processed in accordance with the terms of the policy and applicable laws. Fraudulent claims may lead to legal action and cancellation of the policy.

7. Policy Cancellation and Refunds

Policyholders may cancel their policy at any time. The terms of any potential premium refund will be governed by the conditions set forth in the policy agreement.

8. Privacy Policy

IUL Rehab is committed to protecting your privacy. Our Privacy Policy, which outlines our practices for collecting, using, and safeguarding your personal information, is available upon request.

9. Limitation of Liability

IUL Rehab will not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits.

10. Governing Law

These Terms and Conditions and any policy issued by IUL Rehab are governed by the laws of the jurisdiction in which IUL Rehab operates. Disputes will be resolved under these laws.

11. Amendments to Terms and Conditions

IUL Rehab reserves the right to amend these Terms and Conditions at any time. All amendments will be effective immediately upon their posting on our website or notification to policyholders.

12. Contact Information

For inquiries or concerns regarding your policy or these Terms and Conditions, please contact Ian at:

Email: [email protected]
Phone: 507-220-4975

13. Acknowledgment and Acceptance

By purchasing and maintaining a life insurance policy with IUL Rehab, you acknowledge that you have read, understood, and agreed to these Terms and Conditions.