The Accidental Death Protector is a combination of a small amount of whole life insurance along with a significant amount of accidental death protection. The premiums are guaranteed to remain level for the first 20 years. After the 20th year, premiums will increase each policy year. The accidental death benefit amount increases each year and doubles over a 20-year time period.
Additionally, the plan builds cash values, which after the 20th year, equals 20 annual payments referred to as a “return of premium” or “ROP” feature. If the policy-owner elects to take the ROP as a cash pay-out at the end of year 20*, the coverage is cancelled at that time.