Guaranteed Level Term (GLT) 10, 15, 20 & 30
| Policy Change Request Type | Effective Date | Other Change Criteria |
|---|---|---|
| Risk Classification Improvement | Date of Underwriting Approval | |
| Face Decrease* | Earlier of Paid to Date and Current Date | |
| Rider/Benefit Cancellations: | ||
| Disability Waiver | Earlier of Paid to Date and Current Date | |
| Convertible Disability Waiver | Earlier of Paid to Date and Current Date | |
| Term Conversion** | Earlier of Paid to Date and Current Date | For issue ages less than 65: The policy is convertible until the earlier of the end of the initial term period or the policy anniversary at the insured's attained age 70. For issue age 65 and older: The policy is convertible for the first five policy years. |
| * Face decrease cannot exceed a minimum face amount of $100,000. **Any remaining face amount of a term policy that has been partially converted will be canceled. |
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