Life Shield Protection Plus Life Guaranteed Issue Term Life Insurance

This is a Group Life Insurance Policy issued by the Wellness Association of American and underwritten by LifeShield National Insurance Company

Everyone qualifies and is accepted – GUARANTEED!!! NO MEDICAL QUESTIONS ASKED.

You do not need to be a U.S. citizen to qualify. You do need to be living in the United States.

If you have been denied before this is the plan for you. There is no other policy out there that is guaranteed to start at age 18. As with all plans there are pros and cons.

Protection PLUS Life is an Association Membership based Guaranteed Issue Group Term Life benefit,
underwritten by LifeShield National Insurance Company. The GI Term Life benefit is modified in policy years
1 and 2 as detailed within your personal policy certificate (see enclosed) This unique combination of benefits
provides valuable coverage should the unexpected happen, providing peace of mind to you and your loved
ones.

A renewable 5-year term policy

This is a 5 Year Renewable – Convertible Modified Group Term policy issued to the Association. Your monthly membership dues including the renewal of the Term Policy will be based on your age at each renewal date.

This policy premiums increase every five years dependant on your age.

Mandatory Graded Period

If death occurs within the first two years the full policy amount will not be paid out.

Within the first year, you will receive your premium back plus 20%. For example, if your premium is $50 a month, you will receive ($50 x 12) + 20% = $720. A net gain of $120

If Death occurs during the second year you will receive 20% of the death benefit. For Example if your Death benefit is $25,000, you will receive ($25,000 x 20%) = $5,000

Membership Benefits

As a WAOA member you will have access to:

Death Benefit

Death Benefit The death benefit of this Certificate is shown on the Certificate Schedule. We will pay the death
benefit in a lump sum, unless otherwise agreed. This Certificate must be turned in to us when we pay the
benefit. Adjustments in the death benefit will be made as provided in the following paragraphs. The death
benefit will be paid to the beneficiary, as shown on the Certificate Holder’s enrollment form.

Accidental Death

If the death of the Certificate Holder occurs by accidental means, the Death Benefit will pay the full benefit amount regardless of the modified death benefit in the first 2 years.

About LifeShield National Insurance Company

LifeShield National Insurance Co. was incorporated in 1982 as an Oklahoma domiciled insurance company and is part of the Midland Group of Companies that includes MidFirst Bank, one of the largest privately held banks in the nation. Originally, Lifeshield provided optional insurance products to Midland Mortgage. In recent years, Lifeshield has developed a suite of individual and
group life and health insurance products that it promotes nationwide to small and mid-sized businesses, school districts and professional associations.

Overview:

• Death Benefits – $10,000 or $50,000.
• Age Availability – 18-75.
• Five-year renewable term life to age 80.

*Note: The only form of payment accepted for this policy is Credit Card