54 Freedom Products and Services

The hallmark of 54 Freedom is the comprehensive suite of products and services offered and the unparalleled customer service to our customers. 54 Freedom also has access to a vast network of insurance carriers and only transacts business with those with the strongest brand equity and reputation in the industry.

Products available include:

Retirement Plans

An individual retirement arrangement (IRA) is a personal savings plan that offers specific tax benefits. IRAs are a powerful retirement savings tools available through 54 Freedom. Even if you’re contributing to a 401(k) or other plan at work, you should also consider investing in an IRA. The three types of IRAs available are traditional IRAs, Roth IRAs and Simplified Employee Pension Plans.

Annuities

An annuity is a tax-deferred investment contract. The details on how it works vary, but the general idea is that consumers invest his or her money (either a lump sum or a series of contributions) with a life insurance company that is a partner of 54 Freedom. The period when you are funding the annuity is known as the accumulation phase. In exchange for your investment, the annuity issuer promises to make payments to the consumer or a named beneficiary at some point in the future. The period when payments are received is known as the as the distribution phase.

The annuities we use have a guarantee of the principle. Our indexed and fixed annuities have interest guarantees. Carriers include: AIG, Old Mutual, Aviva, ING and Lincoln National.

Health Plans

54 Freedom brings LIMITED long term care, accident, cancer, dental and Medicare supplement plans to the disability community. Carriers include AIM, UnitedHealthcare, AIG, Lincoln and Aetna.

Cancer

Our cancer policy covers hospital confinement, imaging, radiation and chemotherapy, immunotherapy and much more. The Medicare supplement policy pays for eligible expenses not covered by Part A and B. Mutual of Omaha Life Insurance Company will provide a Medicare supplement insurance policy to help pay some eligible expenses not paid by Medicare.

Accident Plans

54 Freedom offers an extensive menu of accident plans through AFLAC. They include:

• Accidental Death & Dismemberment Insurance – Provides large cash benefits to help families who are concerned that the accidental death of dismemberment of a family member will affect their standard of living. AD&D provides high benefit amounts for a lower premium, is easy to purchase and acceptance is guaranteed.
• Accident Hospital Indemnity Plan – Provides cash benefits to help people who are concerned that medical treatment due to an accident may affect their ability to pay for any need that arises in their family. AHIP provides a higher benefit amount for a lower premium than most other accident hospital indemnity insurance products. Acceptance is guaranteed.

Life Insurance

Simplified Issue Life Insurance

Through insurance partners – Americo, Liberty Life and N.C. Mutual Life – 54 Freedom offers insurance coverage on a simplified issue basis. Simplified issue does not require a physical exam. A policy is not guarantee to be issued. There are questions such as certain pre-existing conditions that disqualify one for this type of policy.

Guaranteed Issue Life Insurance

This product is designed for individuals aged 40 to 80. Our policies provide death benefits of $10,000 to $50,000 (maximum aggregate is $95,000) on a guaranteed issue basis (all applicants are accepted). There is a limited death benefit during the first two policy years. Participating insurance carriers include: Presidential Life and Unity Life.

Long Term Care

Long Term Care policies cover costs related to home assistance, medical needs received in a nursing facility and benefits from Assisted Living Facilities. Carriers that offer long-term care insurance are Metropolitan Life and GenWorth.

Product Spectrum*

The cost spectrum for products is an average of annual non-rated premiums and includes:

*Note: The prices listed above are based on averages that have been developed over the years. Price may vary based on amount of coverage, age, sex, tobacco usage, occupation and health condition.