MNL LifeShield Plus was specifically designed for the service member in mind. This plan can provide quick protection with no war or terrorism clause regardless of deployment status or areas of travel. During your military career flexible policy options are available while cash value continues to grow.
The Coverage
LifeShield Plus provides valuable life insurance protection during and after military service. "No War Clause" is part of each policy issued. While planned premiums are met, coverage will remain in force through your lifetime.
The Cash Values
Over your lifetime LifeShield Plus will develop cash values. You may receive these funds by borrowing from this cash value at a competitive rate. Interest accrues on outstanding loan amount and may reduce the life insurance death benefit.
Continuity and Continuation
LifeShield Plus can be used in conjunction with Servicemember's Group Life Insurance (SGLI) during military service. Upon retirement, your plan continues seamlessly into civilian life.
Convenience
When you apply for LifeShield Plus, a flexible monthly premium is determined to fit your lifestyle and needs. Although government allotment is the preferred premium mode, monthly bank drafts and debit card payment options are available.
The Company and Its Character
MNL, founded in 1956 is a member of the IHC Group which provides strength, vision and stability to over 1 million lives. IHC is a NYSE traded company with combined assets which total over $1.3 billion.