Washington National Insurance Company, a subsidiary of CNO Financial Group Inc., has launched a new Individual Term Life Insurance product aimed at providing financial security for middle-income Americans. This product is tailored to bridge the financial protection gap for underserved workers and families, particularly those earning less than $50,000 annually, where life insurance ownership rates are notably low. The insurance offers death benefit options ranging from $25,000 to $250,000 with term durations of 10, 20, and 30 years. It includes valuable riders such as an Accidental Death Benefit Rider, Terminal Illness Accelerated Death Benefit Rider, and a Waiver of Premium Benefit Rider. Additionally, optional riders like the Return of Premium Endowment Rider and Children's Level Term Insurance Rider are available for extra benefits. The premium rates are guaranteed for the full term, ensuring affordability and accessibility to essential financial protection.