®

LIFE INSURANCE THAT PAYS OUT LIKE A MONTHLY PAYCHECK.ALLSTATE MONTHLY INCOME TERM®

LIFE INSURANCE

life

Allstate Monthly Income Term® is a term life insurance policy issued by Allstate Assurance Company, 3075 Sanders Rd., Northbrook IL 60062 and is available with contract series ICC18AC11/NC18AC11 and rider series ICC18AC12/NC18AC12. In New York, issued by Allstate Life Insurance Co. of New York, Hauppauge, NY with contract series NYLU839 and rider series NYLU840. Policy issuance is subject to availability and qualifications.

Guarantees offered are subject to the claims-paying ability of the issuing company. These policies have exclusions, limitations, and terms that may affect coverage, renewal, cancellation, termination, or other contractual rights and benefits.

ALR5519-3 ©2020 Allstate Insurance Company. allstate.com 4/20

Why you’re in good hands

You can count on your Allstate agency to be there for you with unique solutions and personal service to help you protect your family and achieve your lifelong dreams.

To learn more, call or visit yourAllstate agency today.

Why Sarah and Josh looked into Allstate Monthly Income Term®

Sarah, 32, and Josh, 35, have two young children and a home with $250,000 remaining on their mortgage. Josh works and makes $45,000 per year while Sarah makes $35,000 per year. They realized that each need life insurance because on top of their mortgage and car payments, other everyday expenses are adding up as their children are in elementary school and sports clubs.

THEY CHOSE MONTHLY INCOME TERM BECAUSE IT:

Provides a death benefi t in the form of regular monthly payments — not a lump sum. These monthly payments can help replace income and cover expenses if Sarah or Josh were to pass away, reducing some of the fi nancial stress during a very diffi cult time and providing stability for years to come.

Allows them to determine the amount of the monthly income they would like for their family to receive.

Gives them options to convert into a lifelong, permanent policy.

PLAN FOR THE FUTURE WITH A STABLE MONTHLY CHECK.

Most life insurance pays out in one lump sum. But it’s hard to know if that money will be enough to last.

That’s why Allstate offers our fi rst of its kind Allstate Monthly Income Term® life insurance.

It’s life insurance that pays out like a monthly paycheck. So your loved ones can have help to continue to pay the bills, housing expenses, childcare expenses and more while they have time to get back on their feet if you pass away.

Additional featuresYou can choose to increase the additional fi rst month payout of $10,000 up to $25,000 to help your loved ones with immediate needs.

Allstate Monthly Income Term®Coverage to help replace income

Bonus: a personalized wellness report

Aft er you complete the required medical screening, you will receive a comprehensive, personalized action plan based on the screening’s results. The report helps you understand your results and provides personalized health tips and information.

Your benefi ciary will receive regular monthly income, if you pass away, in the amount you choose.

You can choose between 3-, 5- or 10-year periods that your loved ones will receive the monthly payments. And, you can choose whether you want coverage in place for 10 or 20 years.

Each policy includes an additional $10,000 payout in the fi rst month to help with immediate needs.

You can convert to permanent life insurance through a certain period depending on your policy length.

Monthly income for your loved ones

Choice in payout length and coverage

First month payout is expanded with the Term Insurance Rider to help with immediate needs

Option to convert to permanent insurance

Term Insurance Rider

Allstate Monthly Income Term® insurance offers: