Page 16 - Customer-Booklet_Texas
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WAITING PERIOD This policy has a thirty (30) Day Waiting Period. Waiting Period means the first thirty (30)
Days following an Insured Person’s Policy Effective Date. No benefits will be paid for a Qualifying Event that
is Diagnosed during the Waiting Period. If an Insured Person is Diagnosed with a Qualifying Event during
the Waiting Period, We will terminate the Insured Person’s coverage under this policy and refund the
applicable portion of premium paid for that Insured Person’s coverage.

PRE-EXISTING CONDITION(S) The benefits of this policy will not be payable during the first twelve
(12) months that coverage is in force with respect to an Insured Person for any loss caused by Pre-
Existing Condition(s). This twelve (12) month period is measured from the Policy Effective Date for each
Insured Person.


GUARANTEED RENEWABLE FOR LIFE - The policy is guaranteed renewable for life. You may keep the
coverage in force during Your lifetime by paying the premiums on time. We cannot cancel or refuse to
renew the policy for any reason other than nonpayment of premium. At no time while You continue the
policy in force may We place any restrictive Riders on it without Your permission.

The age limitation is 18-99 for both Primary Insured and Spouse and Dependent Children must be under
age 26 (maximum issue age is 25). Coverage for the Insured Person terminates when 100% of the Heart
and Stroke Benefit Amount is paid, unless additional Riders are attached under which benefits are
still payable.

RIGHT TO ADJUST FUTURE PREMIUMS – After this policy has been in force for twelve (12) months, We
may change the premium rates only if We change them for all policies like Yours in Your state on a
premium class basis. A premium class basis is determined by such factors as benefits, age, geographic
location, and the year the policy is issued. If We change the rates, Your premium will be determined by
Your age on the Effective Date of the policy. If We change the premium rates for all policies of this form
issued by Us and in force in Your state, We will inform You in writing at least forty-five (45) days before
the change occurs at the address shown in Our records.

6. OPTIONAL BENEFIT RIDERS (additional Premiums required) - A checkmark in any of the boxes below
indicates that You have selected the following optional coverage(s):

When 100% of the Heart and Stroke Diagnosis Benefit Amount under the policy to which the Rider is
attached has been paid for an Insured Person, We will pay You the Heart and Stroke Restoration
Benefit when an Insured Person receives a Diagnosis of a Heart Attack, Stroke, or Heart Transplant.
However, for the Heart and Stroke Restoration Benefit to be payable, such Heart and Stroke Restoration
Benefit Diagnosis must be separated by at least twenty-four (24) consecutive months from an Insured
Person’s last Date of Diagnosis for a Heart Attack, Stroke, or Heart Transplant under the policy to which
the Rider is attached.

LY-LSH-OC-B-FL 3 10/13
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