Aflac Inc. (NYSE:AFL) has added several enhancements to its life insurance policies, including higher policy amounts and an extended issue age.
Now, the maximum face amount is $250,000 for whole life and 10-year, 20-year and 30-year term life products for policyholders ages 18 to 50, according to Aflac, Columbus, Ga., which targets the worksite market.
In addition, the issue age for whole life and 10-year term life policies with face amounts of up to $100,000 is now extended to age 70, the company says.
Other changes include: