IARInsurance.com

IAR Insurance

Like many people, one of your most valuable asset is your ability to earn an income. Your family's lifestyle, your home, your children's education and your retirement all hinge on your ability to work.

How would you continue to pay your bills if you suddenly became too sick or too hurt to work? Without an income, years of hard-earned savings could evaporate in a matter of months, even weeks.

That unpleasant thought is a reality that every breadwinner should consider. The odds of becoming disabled are probably much greater than you think.

About 1 out of 15 people experienced an unintentional injury in the home and community venue and about 1 out of 4,100 people died from such an injury. About 40% of the deaths and disabling injuries involved workers while they were away from work (off the job). National Safety Council, Injury Facts 2009 Edition

Take This Opportunity to Help Protect One of Your Greatest Assets — Your Income

Thanks to your membership in the Iowa Association of REALTORS®, you now have the opportunity to apply for a comprehensive Disability income Insurance protection plan from The Hartford1 at reasonable group rates. Disability Income Protection will partially replace your income if you are disabled and cannot work because of a covered sickness or injury - up to $6,000 per month! Your plan will provide you with these valuable coverages.

What's Covered?

This plan provides monthly Disability Income benefits, including a Disability Benefit, Return to Work Incentive, and a Survivor Income Benefit! It helps protect against disabilities due to covered injuries and sickness.

Who's Eligible?

Eligible Members: All active members of Association who:

When will my coverage become effective?

Your coverage will become effective on the first day of the month immediately following the date your Application is approved by The Hartford, provided you are Actively-at-Work and your initial premium payment has been received. If you are not Actively-at-Work on that date, your effective date will be postponed until you are actively at work for 90 consecutive days.

Can my coverage be canceled because of my health?

No – Your coverage can only be canceled if:

What are the rates for this coverage?

Individual Quarterly Premiums. Per $100 Monthly Benefit Amount
Age 60 Days 90 Days
Under 30 $5.01 $2.60
30 - 34 $5.52 $2.79
35 - 39 $6.71 $3.38
40 - 44 $8.84 $4.72
45 - 49 $12.19 $7.34
50 - 54 $18.28 $12.17
55 - 59 $22.63 $16.89
60 - 64 $24.00 $17.91
65 - 69 $23.91 $17.04

Rates are based on the attained age of the Insured Person and increase as you enter each new age category. Rates and/or benefits may be changed on a class basis. Contact us at 1-877-275-0508 for a detailed quote.

What are the Benefits?

You can receive disability benefits for up to 5 years. This is plan has a 5 year maximum benefit period before age 63 and a 2 year maximum benefit period before age 63, but under 65. You may apply for monthly benefits in $100 increments from $500 up to $6,000 per month. See the Monthly Benefit Worksheet to calculate the amount of disability income insurance you're eligible to purchase.

Monthly Benefits
You may purchase the following amounts:
The amount elected, subject to minimum of $500 and a maximum of $6,000 per month.
AGE Monthly Benefit Amount
Under Age 50 Up to $6,000
Age 50-59 $3,000

Please note: Your benefit amount is limited to 65% of your Basic Monthly Pay. Basic Monthly Pay means an Insured Person’s regular monthly rate of pay, not counting commissions, bonuses, overtime pay or any other fringe benefit or extra compensation, in effect on the last day of Active employment prior to becoming Disabled. On the Premium Due Date on or next following the date you attain age 60, your monthly benefit will reduce by 50%, with an appropriate adjustment in premium, as seen in the benefit chart above. Coverage ends at age 65. However, the maximum payment period may be reduced due to mental, emotional disorders, alcoholism or drug addiction, as specified in the Accident and Sickness Total Disability Benefit.

The benefit amount payable as the result of the Insured Person's Total Disability will be the lesser of:

  1. the Monthly Benefit; or

  2. 65% of the Insured Person's Pre-Disability Earnings minus:

    1. any Other Income Benefits, including those for which the Insured Person could collect but did not apply; and
    2. all other income from any employer or for any work.

    However, if the Insured Person's Monthly Benefit would reduce to less than $50 per Month due to Other Income Benefits, then the minimum Monthly Benefit under The Policy will be $50 per month.

Waiting Periods

Benefits begin after you have been totally disabled for 60 or 90 days, depending on the plan you select. The period of Total Disability which must elapse before benefits are payable.

Waiting Periods
  Payment Period Waiting Period
Option I
a. Before Age 63 to age 65 5 Years 60 Days
b. Age 63 or over, but under 65: 2 Years 60 Days
Plan II
a. Before Age 63 to Age 65 5 Years 90 Days
b. Age 63 or over, but under 65: 2 Years 90 Days

Is there a waiver of premium provision?

Yes - Future premiums will be waived beginning the first day of the month following the start of disability payments and for as long as disability benefits are payable.

What is a total disability?

  1. During the Elimination Period and the first 24 months during which Total Disability Benefits are payable, wholly and continuously prevents You from performing the Essential Duties of Your Occupation; and
  2. After that, wholly and continuously prevents You from engaging in Any Occupation.

What if I return to work after a disability and then relapse?

Because disabilities don’t always start and stop in easily defined time frames, we've developed a plan that is flexible enough to accommodate various disability durations and scenarios. If you return to work for 14 days or less during the waiting period and then relapse, you can qualify for benefits by satisfying the remainder of the waiting period. This provision relieves you of starting the entire waiting period again.

Survivor Income Benefits

If You were receiving a Monthly Disability Benefit at the time of Your death or have met the Elimination Period, We will pay a Survivor Income Benefit, when We receive proof satisfactory to Us:

  1. of Your death; and
  2. that the person claiming the benefit is entitled to it.

The Survivor Income Benefit is calculated as an amount equal to 3 times Your last Monthly Benefit Amount for Total Disability. In addition, periods of disability due to the same or related medical causes and separated by fewer than six months while you are Actively- at-Work are considered a single period of disability. This means you won’t have to satisfy a new waiting period before qualifying for benefits should you relapse upon returning to active employment after receiving benefits for a disability. You do not need to satisfy a new waiting period, the relapse does not entitle you to a new benefit period. You would only receive the remainder of the existing benefit period for that disability. Actively-at- Work is defined as performing all the regular duties of an occupation for wage or profit on a full-time basis (at least 25 hours per week).

In addition, periods of disability due to the same or related medical causes and separated by fewer than six months while you are Actively-at-Work are considered a single period of disability. This means you won’t have to satisfy a new waiting period before qualifying for benefits should you relapse upon returning to active employment after receiving benefits for a disability. You do not need to satisfy a new waiting period, the relapse does not entitle you to a new benefit period. You would only receive the remainder of the existing benefit period for that disability. Actively-at-Work is defined as performing all the regular duties of an occupation for wage or profit on a full-time basis (at least 25 hours per week).

Does the plan provide a return to work incentive?

Yes - Your Iowa Association of REALTORS® plan provides benefits for partial disabilities following the Waiting Period and a period during which Total Disability benefits were payable. Partial Disability means you are gainfully employed in your regular occupation or specialty on a partial and/or part-time basis, but continuously unable to perform your regular duties and you require the regular care of a physician.

What's not covered under this plan?

The Policy does not cover any Disability or loss caused by:

  1. intentionally self inflicted Injury, suicide or attempted suicide, while sane or insane
  2. pregnancy or childbirth, except Complications of Pregnancy
  3. war or act of war, whether declared or not
  4. any Sickness or Injury for which workers' compensation benefits are paid, or may be paid, if duly claimed
  5. any Injury sustained while riding on, boarding or alighting from, any aircraft
    1. as a pilot, crew member or student pilot
    2. operated by any military authority (land, sea or air), unless it is a Military Transport Aircraft used for transport and operated by the United States Military Air Mobility Command (AMC) or an AMC type service of a national government recognized by the United States
    3. being used for tests, experimental purposes, stunt flying, racing or endurance tests; or
  6. Your commission or attempted commission of a felony;
  7. Sickness contracted or Injury sustained while on full-time active duty as a member of the Armed Forces (land, water, air) of any country or international authority

We will refund the pro rata portion of any premium paid for You while You are in the Armed Forces on full-time active duty for a period of two months or more. Written notice must be given to Us within 12 months of the date You enter the Armed Forces.

You have too much at stake - do not delay!

Most people wouldn't dream of leaving their home, cars, boat or other valuables uninsured, but few think to insure their loss of income. It's too late to do anything about it once you've become disabled. That's why it's so important to help safeguard your income now - while you're healthy and active.

Take the first step towards protecting yourself from the potential loss of income as a result of a disability by completing the enclosed Application today. It's as easy as 1, 2, 3.

  1. Complete the enclosed Application and answer all questions in full. Sign your name and date the Application. Your Application is subject to approval by Hartford Life and Accident Insurance Company.
  2. Calculate the appropriate amount of monthly benefit and the corresponding premium on the enclosed worksheet.
  3. APPLY ONLINE TODAY! or click here to download a PDF application. to print and mail-in.

When your Application is approved, you will receive your Certificate of Insurance. You will then have 30 days to review the Plan and to decide if the coverage is right for you.

Acceptance into this plan is subject to medical evidence of insurability as determined by The Hartford. Depending on your age, the amount of coverage you request, and your answers on the Application, a medical examination, medical test(s), or other evidence of good health may be required. Any exams/tests requested by the company will be conducted at your convenience and at no expense to you.

Please feel free to contact the plan administrator, Associations Marketing Group, Inc.

Notice of Insurance Information Practices

In order to properly underwrite and administer your application for insurance coverage, we must collect certain information concerning your insurability. You are our most important source of information, but we may also contact other sources such as medical professionals and institutions, employers and other insurance companies. While all information regarding your insurability will be treated as confidential, in some situations, and in compliance with applicable law, we may disclose necessary items of information to third parties without your specific authorization.

Investigative Consumer Reports

As part of our procedure for processing your application, an investigative consumer report may be prepared by an outside insurance reporting organization. Personal information may be collected from others regarding your general reputation and lifestyle. If an interview is conducted with someone other than you, we will inform you of your right to be interviewed in connection with the preparation of the investigative consumer report. You have the right to send a written request within a reasonable period of time to receive additional detailed information about the nature and scope of this investigation.

Personal History Review

To provide you, our client, with the best possible service, we may also conduct what we call a personal history interview. This is a phone call placed from our underwriting office. Its purpose is to make sure that the application information is complete. Our interviewers are trained to conduct their calls in a friendly, professional manner. The nature of the information discussed is always treated as personal and confidential and will only be used to assess your eligibility for insurance.

Medical Information Bureau (MIB) Pre-Notice

Information regarding your insurability will be treated as confidential. Hartford Life Insurance Company or Hartford Life and Accident Insurance Company or its reinsurer(s) may, however, make a brief report thereon to the MIB, Inc., formerly known as Medical Information Bureau, a not-for-profit membership organization of insurance companies, which operates an information exchange on behalf of its members. If you apply to another MIB member company for life or health insurance coverage, or a claim for benefits is submitted to such a company, MIB, upon request, will supply such company, with the information about you in its file. Upon receipt of a request from you, MIB will arrange disclosure of any information in your file. Please contact MIB at (866) 692-6901 (TTY (866) 346-3642). If you question the accuracy of the information in MIB's file, you may contact MIB and seek a correction in accordance with the procedures set forth in the Federal Fair Credit Reporting Act. The address of MIB's information office is 50 Braintree Hill Park, Suite 400, Braintree, Massachusetts 02184-8734. Hartford Life Insurance Company, Hartford Life and Accident Insurance Company , or their reinsurers, may also release information from their files to other insurance companies to whom you may apply for life or health insurance, or to whom a claim for benefits may be submitted. Information for consumers about MIB may be obtained on its website at www.mib.com.

Access, Correction and Disclosure

You can obtain access to personal information about you contained in our policy files by sending us a written request. You may also request any necessary corrections, amendments or deletion of any information in our files which you believe to be inaccurate or irrelevant. Hartford Life Insurance Company or Hartford Life and Accident Insurance Company or its reinsurer(s) may release information in their files to other life insurance companies to whom you may apply for life or health insurance, or to whom a claim for benefits may be submitted. Also, please be advised that personal and confidential information collected by us may, in certain circumstances, be disclosed to third parties without authorization. A notice providing further description of the circumstances under which information about you may be disclosed and the types of persons and organizations to whom it may be disclosed will be sent to you upon your written request. If you desire further information or access to your personal information, please send your written request to: Hartford Life Insurance Company or Hartford Life and Accident Insurance Company, 200 Hopmeadow St., Simsbury, CT 06089. (PA-9369 07/09)

The above content explains the general purpose of the insurance described, but in no way changes or affects the policy as actually issued. In the event of a discrepancy between this brochure and the policy, the terms of the policy apply. All benefits are subject to the terms and conditions of the policy. Policies underwritten by the Hartford Life and Accident Insurance Company detail exclusions, limitations, reduction of benefits and terms under which the policies may be continued in full or discontinued. Complete details are in the Certificate of Insurance issued to each insured individual and the Master Policy issued to the policyholder. This program may vary and may not be available to residents of all states.

Associations Marketing Group Inc. Expertise in Health Benefits.

Serviced by:

Associations Marketing Group, Inc.
1112 Maple Street
West Des Moines, IA 50265
jpatton@amgi-dsm.com
www.amgi-dsm.com
Toll Free: (800) 798-6772
(515) 270-8178
Fax: (515) 270-0398

Contact:
Jesse A Patton LUTCF,HIA,MHP,FAHM,HIPAAA,EHBA
President/CEO

Administered by:

Hagan Benefits Inc.
1741 S. Cleveland Ave, Suite 200
PO Box 903
Sioux Falls, SD 57101-903
800-456-0737

The Hartford

Underwritten by:

Hartford Life and Accident Insurance Company
Simsbury, CT 06089

The Hartford® is The Financial Services Group, Inc. and its subsidiaries, including issuing company Hartford Life and Accident Insurance Company

Policy Form #GBD-1000 A (AGP-5827)