Final Expense

Aflac Final Expense insurance coverage is underwritten by Tier One Insurance Company, a subsidiary of Aflac Incorporated and is administered by Aetna Life Insurance Company.

In AR, AZ, DE, ID, OK, OR, PA, TX and VA: Policies ICC21-AFLLBL21 and ICC21-AFLRPL21; and Riders ICC21-AFLABR22, ICC21-AFLADB22, and ICC21-AFLCDR22. This is a brief product overview only. Coverage may not be available in all states, including but not limited to New York. Benefits/premium rates may vary based on coverage selected. Optional riders are available at an additional cost. Policies and riders may also contain a waiting period. Policies and riders include limitations and exclusions that may affect benefits payable. Refer to the exact policy and rider forms for benefit details, definitions, limitations and exclusions.

Limitations and Exclusions for the residents of Arizona, Idaho, New Jersey and Virginia:

Level and Modified Whole Life Plans Limitations

If the insured, while sane or insane, dies by suicide within two years after the policy effective date shown in the Policy Schedule, the death proceeds under the policy will be an amount equal to: the premiums paid; less the loan balance as of the date of death.

Modified Whole Life Plan Accidental Death Exclusions

We will not pay benefits for any accidental death caused by or contributed by, in whole or in part, any of the following:

• disease, illness or infirmity of the body or mind;
• war, whether declared or not, or any act or hazard of war;
• participation in a riot or insurrection;
• suicide, whether you are sane or insane;
• intentionally self-inflicted injury, whether you are sane or insane;
• committing or attempting to commit a felony;
• participation in an illegal occupation;
• travel in or descent from any kind of aircraft, unless you are being transported solely as a fare paying passenger; travel in an aircraft or device used for testing or experimental purposes, used by any military authority or used for travel beyond the earth’s atmosphere;
• participation in any of the following high risk activities: sky diving, parachuting, hang-gliding, bungee jumping, sailgliding, parasailing, soaring, ballooning, parakiting, mountain climbing, cave exploration, scuba diving, driving or riding in any motor-driven vehicle in any race, stunt show or speed test or on any race course or speedway;
• voluntarily taking any drug or medication, unless prescribed by a physician and taken in accordance with the physician’s instructions;
• intoxication as defined by the jurisdiction where the accident occurred;
• any poison or gas voluntarily taken, administered or inhaled, except in the course of employment;
• an infection not occurring as the direct result or consequence of accidental bodily injury, or
• medical or surgical treatment of disease or infirmity.

Accidental Death Benefit Rider Limitations and Exclusions

We will not pay benefits for any accidental death caused by or contributed by, in whole or in part, from the exclusions outlined above under the Modified whole life accidental death exclusions. The rider does not cover death resulting directly or indirectly, in whole or in part, from:

• disease, illness or infirmity of the body or mind;
• war, whether declared or not, or any act or hazard of war;
• participation in a riot or insurrection;
• suicide, whether you are sane or insane;
• intentionally self-inflicted injury, whether the Insured is sane or insane;
• participation in an illegal occupation or activity;
• travel in or descent from any kind of aircraft, unless the Insured is being transported solely as a fare paying passenger;
• travel in an aircraft or device used for testing or experimental purposes, used by any military authority or used for travel beyond the earth’s atmosphere;
• participation in any of the following high risk activities: sky diving, parachuting, hang-gliding, bungee jumping, sailgliding, parasailing, soaring, ballooning, parakiting, mountain climbing, cave exploration, scuba diving, driving or riding in any motor-driven vehicle in any race, stunt show or speed test or on any race course or speedway;
• voluntarily taking any drug or medication, unless prescribed by a Physician and taken in accordance with the Physician’s instructions;
• intoxication as defined by the jurisdiction where the accident occurred;
• any poison or gas voluntarily taken, administered or inhaled, except in the course of employment;
• an infection not occurring as the direct result or consequence of accidental bodily injury, or
• medical or surgical treatment of disease or infirmity.

Accelerated Death Benefits Rider Limitations

Death proceeds and cash surrender values will be reduced upon payment of an Accelerated Benefit. Accelerated death benefits may be taxable by your state. Receipt of accelerated death benefits may affect eligibility for public assistance programs. Benefits may also be taxable and are not expected to receive the same favorable tax treatment as other types of accelerated death benefits that may be available. Aflac does not give legal or tax advice. Policyholders should seek additional information from his or her personal tax advisor about the tax status of the Pre-Payment Amount.

Children’s Term Insurance Rider Limitations

If an insured child, while sane or insane, dies by suicide within two years after the date the insured child’s coverage became effective under the rider, the death proceeds under the rider will be limited to an amount equal to the premiums paid for the insured child’s coverage.

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