FOCUS 10 Life is an innovative individual life insurance product issued by Ameritas Life Insurance Corp. It is designed for employers seeking affordable insurance protection for key employees. It works with an employer’s traditional group life program by carving out key employees from the group and offering them a unique value-added package. Typical clients include law firms, medical practices, municipalities, and small companies.
Instead of using costly permanent products typical of most carve-out plans, the employer can provide more affordable 10-year level term insurance. Premiums are based on age, gender and tobacco use and are guaranteed for 10 years in all states.
As a simplified-issue term policy, FOCUS 10 Life term insurance works well for small groups of people in business situations. Designed for groups with as few as 5 lives and to provide benefits from $50,000 to $1.5 million. Other features include:
Your insurance or financial representative can provide more information and can assist you in deciding if FOCUS 10 Life can help meet your needs.
FOCUS 10 Life (Form 3011) is issued by Ameritas Life Insurance Corp. in most states, and in Florida (Form 3011 F10 FL) . In New York, FOCUS 10 Life (Form 5011) is issued by Ameritas Life Insurance Corp. of New York. FOCUS 10 LIFE®, Inc. is an independent third party administrator and is not affiliated with Ameritas®.