Money Stages of Whole Life Your Freedom Guaranteed
|
|
- Thomasine Sharp
- 8 years ago
- Views:
Transcription
1 Money Stages of Whole Life Your Freedom Guaranteed A Consumer Guide for Illustration Understanding Using Guardian Whole Life Paid-Up at Age 121
2 Whole Life Insurance Permanent life insurance is designed to protect, grow and accumulate value throughout your lifetime. By keeping your policy in force with the required premium payments, you can depend on the valuable guarantees that help you achieve financial independence. Lifetime protection is a special advantage of whole life insurance. But it isn t the only benefit. In fact, a whole life insurance policy can keep changing for the better, with more benefits built into its structure the longer it stays in force. A Personal Illustration Can Provide a Long-term View Your Guardian financial professional will prepare and deliver a customized illustration based on your goals. We urge you to evaluate all 6 Money Stages of Whole Life Insurance within the context of your personal illustration, and with the help of your financial professional.
3 Owning life insurance means much more than paying a premium and receiving a death benefit it s a very flexible financial tool that develops significant value and usefulness over time. Because life insurance policies aren t static, illustrations are helpful in explaining key features and benefits of a policy over many years. Over time, Guardian s policies develop both guaranteed and nonguaranteed cash values and features, and an illustration can help you understand the important difference between these. 1 Guaranteed values are stated in the contract, but because of careful expense management, claims experience, and investment performance, Guardian has consistently been able to provide extra benefits through dividends. 2 Non-guaranteed values, such as dividends, will probably change going both up and down once the policy is in force, to reflect the policy s actual experience in the future. No company can accurately predict the future, so illustrations cannot be relied on to estimate future costs or benefits. Illustrations help show how Guardian s policies may work over a lifetime, assuming a scenario in which Guardian continues to charge and credit the way it currently does for hundreds of thousands of actual policies. Whole Life Illustration The illustration on the next page is an example of the kind of information contained in the concept illustration. The various sections show the following: Your age as of your nearest birthday. On this sample, the age is shown as 40. An assumed risk class for which you may qualify, based on your health, medical history and other factors. The risk class will be determined after you apply for the policy and may be different than illustrated here. This class affects the cost of your life insurance protection, and your agent may give you a new illustration after the policy is issued. The benefit amount, including the basic face amount of insurance, plus any amounts covered by optional riders. 3 The risk class is shown as Preferred Non Tobacco. The benefit is a $500,000 face amount. The plan of insurance plus any optional riders. The annual premium, including the basic policy premium plus outlays for any riders chosen. The dividend option is the method selected for applying the dividends that Guardian credits. Policyholders share in the company s profits through annual dividends (if declared) that can be used to enhance coverage or reduce outlay. Some of the options are to: Receive dividends in cash or offset part or all of the premium; Reinvest dividends to automatically purchase more life insurance coverage, called Paid Up Additions. Across the Columns Across a typical illustration from left to right, there are a number of columns that reflect information that you should consider: Policy Year The number of years the policy is in force, starting from the first year. Age at Start of Year The insured person s age at the beginning of each Policy Year. The insurance age is as of the nearest birthday. Base Policy Annual Premium The cost of the coverage each Policy Year, not including any added riders. This may be paid via cash payment or by policy loans and surrendering the policy s paid-up additions, if available. Base Guaranteed Cash Value If the annual premium is paid every year, this is the minimum cash value at the end of each year. Increase in Base Guaranteed Cash Value The year-toyear Base Guaranteed Cash Value increase. Annual Dividend* The Annual Dividend payable at the beginning of each year, assuming the dividend scale currently paid by Guardian never changes. Dividends tend to change The plan of insurance is Whole Life Paid-Up at 121, a whole life policy with level annual premiums payable through age 120. (Life Paid-Up at 121 form #14-L121) The premium is $6,258. The premium may be paid in several ways, including a single sum at the start of the year or quarterly installments. The dividend option is shown as Paid Up Additions. every year to reflect Guardian s investment experience, claims paid, expenses and other factors. If you pay less premium in cash or take policy loans, 4 your dividends would be different than shown. Net Premium* The cash payment for the annual premium for the base policy and any riders at the beginning of the year. Cumulative Net Premium* The sum of this year s Net Premium plus Net Premiums in all prior years. Net Cash Value* The cash value payable if you surrendered the insurance at the end of any policy year. It includes guaranteed and non-guaranteed cash values. Increase in Net Cash Value* The year-to-year Net Cash Value increase. Net Death Benefit* The end-of-the-year guaranteed base policy death benefit plus the life insurance amount provided by dividend additions and any riders. * Any column marked with an asterisk is dependent upon dividends. Values reflect the illustration s assumptions and indefinite continuation of the 2015 dividend scale. Dividends are declared annually by the Board of Directors and are not guaranteed. If the premium is paid out of pocket each year, it is guaranteed. If the premium is paid internally (premium offset), it is not guaranteed and is dependent on the non-guaranteed dividend. 1 All whole life insurance policy guarantees are subject to the timely payment of all required premiums and the claims-paying ability of the issuing insurance company. Policy loans and withdrawals affect the guarantees by reducing the policy s death benefit and cash values. 2 Dividends are not guaranteed. They are declared annually by Guardian s Board of Directors. 3 Riders may incur additional costs. 4 Policy benefits are reduced by any outstanding loan or loan interest and/or withdrawals. Dividends, if any, are affected by policy loans and loan interest. Withdrawals above the cost basis may result in taxable ordinary income. If the policy lapses, or is surrendered, any loans considered gain in the policy may be subject to ordinary income taxes. If the policy is a Modified Endowment Contract (MEC), loans are treated like withdrawals, but as gain first, subject to ordinary income taxes. If the policy owner is under age 59½, any taxable withdrawal is also subject to a 10% tax penalty.
4 Guardian Whole Life Paid-up at Age 121 Life Insurance Illustration Custom Planning Concept Based on the 2015 Dividend Scale Age: 40 Preferred NT Benefit Premium $500,000 Whole Life 121 $6, Total First Year Premium $6, Dividend Option: Paid Up Additions (D) POL. YR. AGE AT START OF YEAR GUARAN- TEED PREMIUM # BASE GUAR. CASH VALUE ## INCREASE IN BASE GUAR. CASH VALUE ## ANNUAL DIVIDEND # * PREMIUM # * CUMULATIVE PREMIUM # * CASH VALUE ## * INCREASE IN CASH VALUE ##* DEATH BENEFIT ## * , ,258 6, , , ,258 12, , ,258 4,655 4, ,258 18,773 4,860 4, , ,258 10,745 6, ,258 25,030 11,059 6, , ,258 16,993 6, ,258 31,288 17,443 6, , ,258 23,408 6, ,258 37,545 24,067 6, , ,258 29,993 6, ,258 43,803 30,979 6, , ,258 36,738 6, ,258 50,060 38,169 7, , ,258 43,680 6, ,258 56,318 45,690 7, , ,258 50,813 7, ,258 62,575 53,524 7, , ,258 58,133 7, ,258 68,833 61,707 8, , ,258 65,628 7, ,258 75,090 70,295 8, , ,258 73,278 7, ,258 81,348 79,295 9, , ,258 81,078 7,800 1,199 6,258 87,605 88,720 9, , ,258 89,018 7,940 1,434 6,258 93, , , ,258 97,075 8,058 1,687 6, , ,894 10, , , ,255 8,180 1,952 6, , ,664 10, , , ,548 8,293 2,230 6, , ,904 11, , , ,988 8,440 2,516 6, , ,662 11, , , ,583 8,595 2,803 6, , ,950 12, , , ,315 8,733 3, , ,249 6, , , ,158 8,843 3, , ,814 6, , , ,090 8,933 3, , ,644 6, , , ,095 9,005 3, , ,742 7, , , ,180 9,085 4, , ,122 7, , , ,340 9,160 4, , ,744 7, , , ,593 9,253 4, , ,626 7, , , ,950 9,358 4, , ,783 8, , , ,403 9,453 4, , ,218 8, , , ,970 9,568 5, ,955 8, , , , ,613 9,643 5, , ,976 9, , , ,310 9,698 5, , ,287 9, , , ,985 9,675 5, , ,860 9, , , ,640 9,655 6, , ,698 9, , , ,288 9,648 6, ,826 10, , , , ,910 9,623 6, , ,242 10, , , ,508 9,598 7, , ,954 10, , , ,045 9,538 7, , ,957 11, , , ,480 9,435 7, , ,237 11, , , ,775 9,295 8, , ,782 11, ,500 This is a supplemental illustration and is not valid unless accompanied by the complete underlying basic life insurance illustration. This supplemental illustration shows a continuation of currently illustrated non-guaranteed elements, such as dividends, and is neither an estimate nor a guarantee of future performance. Actual non-guaranteed values may change, and be more or less favorable than those shown. Please refer to the basic illustration for guaranteed values and other important information. # This symbol indicates values shown are Beginning-of-Year. ## This symbol indicates values shown are End-of-Year.
5 The Money Stages of Whole Life Insurance Six ways a whole life insurance policy can keep changing for the better, the longer you own it. 1. First Policy Dividend* Dividends are credited at policy anniversaries. If dividends are not withdrawn in cash, they compound along with other cash values, accelerating the growth of cash value in your policy. Example: In this sample illustration, the first annual dividend is $100, credited at the start of Year 3. Positive Net Cash Flow* In early years, premium payments will exceed cash value growth. Stage 2 begins in the 2. year that the policy turns net cash positive meaning that the increase in Net Cash Value (including dividends) will exceed the premium outlay. Example: Stage 2 occurs in Year 5, when the Increase in Net Cash Value of $6,384 exceeds the Net Premium of $6,258. Under current tax law, this annual accumulation is tax-deferred. Positive Base Guaranteed Cash Flow Even if Guardian never credits a dividend, in most policies the guaranteed 3. cash value increase will grow to exceed the guaranteed premium. Stage 3 represents the year in which the annual increase in Guaranteed Cash Value exceeds the Net Premium. Example: Stage 3 occurs in Year 6, when the increase in Base Guaranteed Cash Value of $6,415 exceeds the Net Premium of $6,258. Net Cash Value Exceeds Cumulative Premium* Stage 4 begins when Total Cash Value (including dividends) 4. exceeds Cumulative Net Premium the policy has more cash value than you paid in premiums. Example: Stage 4 occurs in Year 14, when Net Cash Value of $88,720 exceeds Cumulative Net Premium of $87,605. This gain is tax-deferred. Guaranteed Cash Value Exceeds Cumulative Premium Stage 5 represents the point at which Guaranteed Cash 5. Value exceeds Cumulative Net Premium. Example: Stage 5 occurs in Year 18, when Base Guaranteed Cash Value of $113,548 exceeds Cumulative Net Premium of $112,635. Self-Supporting Policy* Once you reach Stage 6, there may be enough dividend value built up so that the policy 6. can become self-supporting. At that time, future premiums can be paid as they fall due with annual dividends and previously earned dividends. Example: Starting in Year 21, the illustration shows no further cash payments, yet the policy continues to support itself. Some Other Great Things about Life Insurance in General and Guardian Whole Life in Particular Death Benefits Life insurance proceeds payable to a named beneficiary will not be included in the probate estate. The services of a lawyer are not necessary to collect or distribute life insurance proceeds. Interest is paid on life insurance proceeds from the date of the insured s death until the date payment is made (subject to current income tax). The entire death benefit can be paid in as little as a week following proof of the insured s death. Life insurance proceeds can also be paid out with interest over a specified period, helping to ensure that financial obligations may be fulfilled over the long term. 5 Living Benefits Every whole life policy can be converted into an annuity. Under the terms of an optional rider, if the insured becomes terminally ill (less than 12 months to live), part of the death benefit can be paid while the insured is still living. The same optional rider may pay part of the death benefit while the insured is still living if the insured becomes chronically ill and needs permanent assistance with two or more activities of daily living. (Not available in all states.) 6 Under terms of the optional Disability Waiver, if the insured becomes disabled, premiums will be waived and the policy will continue to perform as if premiums were being paid. 5 Interest is subject to taxes. Guardian, its subsidiaries, agents or employees do not give tax or legal advice. 6 The cash surrender value, loan value, and death proceeds payable will be reduced by any lien outstanding due to the repayment of an accelerated benefit under this rider. The accelerated benefits in the first year reflect deduction of a one-time $250 administrative fee, indexed at an inflation rate of 3% per year to the rate of acceleration. Please see state-specific EABR Disclosure form (01-ABR-1) for complete details about the rider. Keep in mind that the accompanying summary illustration is designed to explain basic contract mechanics and is not a complete illustration. A complete illustration must be reviewed before purchasing any life insurance contract. Values are based on the 2015 dividend scale. The stages described do not take into account the time value of money. The cash value increases are a result of both the premium payments and the interest earned on the existing cash value.
6 Rider Form Nos. 01-R111, 01-R2. Policy Form No. 14-L121 Pub 3957 (03/15) (Exp. 03/17) The Guardian Life Insurance Company of America 7 Hanover Square New York, NY
Give a Gift of a Lifetime Uncovering the Money Stages of Whole Life Insurance
Give a Gift of a Lifetime Uncovering the Money Stages of Whole Life Insurance A CONSUMER GUIDE FOR ILLUSTRATION UNDERSTANDING IN JUVENILE GIFTING SCENARIOS: USING GUARDIAN WHOLE LIFE PAID-UP AT AGE 65
More informationGive a Gift of a Lifetime Uncovering the Money Stages of Whole Life Insurance
Give a Gift of a Lifetime Uncovering the Money Stages of Whole Life Insurance A CONSUMER GUIDE FOR ILLUSTRATION UNDERSTANDING IN JUVENILE GIFTING SCENARIOS: USING GUARDIAN WHOLE LIFE PAID-UP AT AGE 65
More informationFlexible Premium Adjustable Life Insurance Policy Illustration
Flexible Premium Adjustable Life Insurance Policy Illustration Prepared for: d Client Prepared by: Illustration Desk 2801 Townsgate Rd. Suite 350 Westlake Village, California, 91361 Tel: 800-350-2019 License
More informationFlexible Premium Adjustable Life Insurance Policy Illustration
Flexible Premium Adjustable Life Insurance Policy Illustration Prepared for: d Client Prepared by: Sample Sample MetLife 11225 N Community House Rd Charlotte, North Carolina, 28202 Tel: 5555555555 MetLife
More informationA Story of Guarantees and Financial Versatility
A Story of Guarantees and Financial Versatility Whole Life Insurance A Consumer Brochure for Whole Life Understanding Introduction Whole life is a versatile financial product that provides unique benefits
More informationPSE Whole Life Illustration
A Life Insurance Policy Illustration PSE Whole Life Illustration Participating Whole Life Insurance Policy Form PSE-WL-01 Initial Face Amount: $ 100,000 Prepared For: Valued Client STATE PLAN VERSION:
More informationWhole Life Legacy 10 Pay Basic Life Insurance Illustration
Whole Life Legacy 10 Pay Basic Prepared for: d Client Male, Age 5 Presented by: Michael Fliegelman CLU, ChFC, AEP, RFC Independent Insurance And Financial Consulting 5 Harborfields Ct Greenlawn, NY 11740
More informationDescription of Employer Cash Flow and Assets
Description of Employer Cash Flow and Assets SERP Select Account Liability Column 1 Employer Contribution The annual contribution promised by the employer to the key employee. The duration and amount of
More informationLifeScape Single Premium Whole Life Basic Illustration NARRATIVE SUMMARY
Prepared for: Tom Jones Issue Age: 60 NARRATIVE SUMMARY Policy Description LifeScape Single Whole Life is a level-benefit, single premium, participating whole life insurance policy with maturity at age
More informationIncome-Tax Free Benefits for Your Heirs and Lifetime Benefits for You. Lifetime Benefits for You
Indexed Universal Life Insurance 1 Income-Tax Free s for Your Heirs and Lifetime s for You Prepared on August 13, 2013 for by Trusted Advisor Income - 1 Tax Free s for Your Heirs Lifetime s for You Product
More informationDiscover What s Possible
Discover What s Possible Guaranteed Choice SM Whole Life Guaranteed Choice SM Whole Life for Individuals and Families There is comfort in predictability There s a certain comfort that comes with knowing
More informationCHAPTER 8 TAX CONSIDERATIONS
CHAPTER 8 TAX CONSIDERATIONS Life insurance traditionally has enjoyed favorable tax treatment. The major advantages are (1) the death benefits of a life policy payable to a beneficiary are not subject
More informationCurrent Assumption Universal Life
Current Assumption Universal Life Designed to Adapt What s your financial outlook? Tax changes, market news, job cuts, and even natural disasters are the headlines of our decade. Is your financial strategy
More informationCustom TermGUL (Cash Value Accumulation Test) A Universal Life Insurance Policy Illustration
EXPLANATION OF POLICY ILLUSTRATION Plan Description Important Facts About This Illustration Custom TermGUL is a universal life product, issued on form series LS167, that provides a death benefit upon the
More information10 Pay Whole Life. (10 Pay WL) Introduced: September 2009
10 Pay Whole Life (10 Pay WL) Introduced: September 2009 Table of Contents GENERAL INFORMATION... 3 PRODUCT DESCRIPTION... 3 ISSUE RULES... 3 ISSUE AGES... 3 FACE AMOUNT... 3 BAND BREAKS... 4 GENDER...
More informationThe Value of Whole Life Insurance
Page 1 of 6 A MassMutual Illustration Presentation The Value of Whole Life Insurance A life insurance illustration summary Prepared for: Prepared by: Valued Client Michael Fliegelman. CLU, ChFC, AEP RFC
More informationDiscover What s Possible
Discover What s Possible Guaranteed Choice SM Whole Life for Business Guaranteed Choice SM for Business Owners Whole Life There is comfort in predictability There s a certain comfort that comes with knowing
More informationThe Flexibility of Cash Value Life Insurance
Advanced Markets The Flexibility of Cash Value Life Insurance Beyond Protection With today s focus on value and flexibility, cash value life insurance comes into its own. Beyond its main purpose of death
More informationLIFE WHOLE. MetLife Promise Whole LifeSM. life. a foundation for
LIFE WHOLE MetLife Promise Whole LifeSM a foundation for life Life. your way SM Strive to live your dream and plan for the if in life. Discover the flexibility of life insurance protect, accumulate and
More informationYour guide to participating life insurance SUN PAR PROTECTOR SUN PAR ACCUMULATOR
Your guide to participating life insurance SUN PAR PROTECTOR SUN PAR ACCUMULATOR Participate in your brighter future with Sun Life Financial. Participating life insurance is a powerful tool that protects
More informationBuilding an Effective Retirement Portfolio with Whole Life Insurance Guarding Your Retirement Style
Building an Effective Retirement Portfolio with Whole Life Insurance Guarding Your Retirement Style A CONSUMER GUIDE The Boomer Generation an Introduction to a Different Decade When do you plan to retire?
More informationPREMIER LIFE. Maximum Benefits. A Flexible Premium Adjustable Life Insurance Policy
Maximum Benefits A Flexible Premium Adjustable Life Insurance Policy Producer Guide Premier Life Catering to Your Clients Appetite For Uncompromising Value and Flexibility. FOR AGENT USE ONLY. NOT FOR
More informationY O U R E N R O L L M E N T K I T GROUP INSURANCE. Group Universal Life Dependent Term Life. Issued by The Prudential Insurance Company of America
Y O U R E N R O L L M E N T K I T GROUP INSURANCE Group Universal Life Dependent Term Life Issued by The Prudential Insurance Company of America California Resources Corporation (CRC) All Regular Full-Time
More informationKey Person Coverage. Prepared for: Date: Presented by:
Key Person Coverage Prepared for: Date: Presented by: PURPOSE This presentation is for the purpose of helping you understand how life and disability income insurance can be used to overcome the shock to
More informationThe Baltimore Life Insurance Company
10075 Red Run Boulevard Owings Mills, MD 21117-4871 A Revised Life Insurance Single Premium Immediate Annuity Generation LegacyTM Presented by The Insurance Group THIS PROPOSAL IS NOT A POLICY CONTRACT
More informationSpousal Lifetime Access Trust Using Legacy Advantage SUL Insurance Policy
Spousal Lifetime Access Trust Using Insurance Policy Supplemental Illustration Valued Client & Valued Client Prepared by: MetLife Agent 2 Park Ave. New York, NY 1166 Insurance Products: Not A Deposit Not
More informationAccumulator Variable Universal Life
Accumulator Variable Universal Life Variable Product Series Building your future with a secure partner SM Kansas City Life Insurance Company Century II Accumulator Variable Universal Life Features at a
More informationVariable Universal Life Accumulator
Just the facts about New York Life... Variable Universal Life Accumulator Issuing company Issue ages 0-80 New York Life Insurance and Annuity Corporation (NYLIAC), A Delaware Corporation, a wholly owned
More informationKey Person Insurance. Protecting Your Business From The Loss Of Key Employees. Place Image Here. Prepared For: Valued Company. Presented By:... Tel.:.
Key Person Insurance Protecting Your Business From The Loss Of Key Employees Place Image Here Prepared For: d Company Presented By:.... Tel.:. Insurance products are issued by: Insurance John Hancock products
More informationEnsuring Your Path. Solutions Protecting Life s Next Steps. The Guardian Life Insurance Company of America A LONG TERM CARE GUIDE FOR CONSUMERS
Ensuring Your Path Solutions Protecting Life s Next Steps Pub5889ICC (5/13) ICC13 LTCR 5889 2013 1438 The Guardian Life Insurance Company of America A LONG TERM CARE GUIDE FOR CONSUMERS The good news is
More informationWealthMax Bonus Life. Provide a Financial Legacy Single Premium Index Life Insurance
WealthMax Bonus Life Provide a Financial Legacy Single Premium Index Life Insurance Are tax-deferral and building a financial legacy important to you? Are you concerned about liquidity to cover expenses
More informationFlexible Premium Universal Life Insurance with an Indexed Feature A Life Insurance Illustration
Initial Base Face Amount = $ Total Initial Annual Premium = $ About the Universal Life Insurance Policy Phoenix Simplicity Index Life is a single life flexible premium universal life insurance policy with
More informationTHE KUGLER SYSTEM -- VOLUME 1 A SUMMARY OF LIFE INSURANCE PRODUCTS TABLE OF CONTENTS
THE KUGLER SYSTEM -- VOLUME 1 A SUMMARY OF LIFE INSURANCE PRODUCTS TABLE OF CONTENTS Introduction Assumptions Used in This Text Chapter I: Basic Forms of Term Insurance Annual Renewable Term Insurance
More informationVariable Universal Life Accumulator Plus
Just the facts about New York Life... Variable Universal Life Accumulator Plus Issuing company Issue ages 0-80 Minimum face amount New York Life Insurance and Annuity Corporation (NYLIAC), A Delaware Corporation,
More informationONE YEAR TERM INSURANCE RIDER WITH TARGET FACE AMOUNT
ONE YEAR TERM INSURANCE RIDER WITH TARGET FACE AMOUNT While this rider is in force, any dividend credited to this policy will be used to purchase a combination of one year term insurance (OYT) and Dividend
More informationVantagePoint SM. Genworth Life and Annuity Insurance Company Genworth Life Insurance Company. with Return of Premium. Underwritten by: Lynchburg, VA
VantagePoint SM Term Life Insurance with Return of Premium Underwritten by: Genworth Life and Annuity Insurance Company Genworth Life Insurance Company Lynchburg, VA 44453 10/27/08 Why you need life insurance?
More informationThe State Life Insurance Company P. O. Box 6062 Indianapolis, IN 46206-6062
P. O. Box 6062 Indianapolis, IN 46206-6062 Life Insurance Illustration Single Premium Deferred Individual Retirement Annuity and Current Interest Whole Life Insurance with Long-Term Care Benefits for Either
More information10-, 20-, 25- and 30-year guaranteed level term life insurance. Face Amounts. Certificate Fees. Modal Factors. Underwriting Classes.
Lifefirst Level Term Life Insurance 0-, 0-, 5- and 0-year guaranteed level term life insurance. Convertability Built-in Benefits Level (reduced by loan or Critical Illness Rider benefits paid) Prior to
More informationSummary Product Specifications
PRODUCT OVERVIEW 1 Agenda I. Management Introduction II. Genesis Life Product Features III. COF Basic Value Life Product Features IV. Transition to Genesis Life V. Illustration Software VI. LifePRO VII.
More informationDiscover What s Possible
Discover What s Possible Guaranteed Choice Whole Life Guaranteed Choice Whole Life for Individuals and Families PM6373 There is comfort in predictability There s a certain comfort that comes with knowing
More informationPath Protector Whole Life Insurance
Path Protector Whole Life Insurance PARTICIPATING WHOLE LIFE INSURANCE TO AGE 121 ESPECIALLY DESIGNED FOR: 4/20/2015 PRESENTED BY: Lake Worth, Florida 33467 561-329-3344 wcorley@1db.com Underwritten by:
More informationAn Alternative to Roth IRAs When Limits Apply
Consumer Material I Index Universal Life Insurance FINANCIAL STRATEGY An Alternative to Roth IRAs When Limits Apply Using Asset Builder Index UL II Sometimes success presents challenges of its own. You
More informationUNIVERSAL LIFE INSURANCE YOUR 5-MINUTE GUIDE. Flexible protection for what s most important in life
UNIVERSAL LIFE INSURANCE YOUR 5-MINUTE GUIDE Flexible protection for what s most important in life Protection for all the moments that matter Be sure to choose a product that meets long-term life insurance
More informationAdvanced Markets Success Strategy Life Insurance in Retirement Planning Plus
Success Strategy Life Insurance in Retirement Planning Plus Life insurance protection is the foundation of a family s future, providing cash to: replace income for surviving family, pay off family debt,
More informationGuaranteed Choice Whole Life
Guaranteed Choice Whole Life Frequently Asked Questions and Product Information Guide Table of Contents I. Background and Introduction Background 1 Introduction 1 Product Highlights 1-2 II. Frequently
More informationWe keep our promises.
We keep our promises. So you can keep yours. It s a selfless act. The decision you make today is for someone else s future. Purchasing life insurance is about more than just planning for the future. It
More informationThe Whole Story of Whole Life
The Whole Story of Whole Life Your Freedom Guaranteed A GUIDE FOR CONSUMERS Introduction Whole life is a versatile financial instrument devised for the protection of families, businesses, and the creation
More informationIMMEDIATE ANNUITIES TO FUND LIFE INS.
IMMEDIATE ANNUITIES TO FUND LIFE INS. Using a SPIA to Fund Life Insurance Earn 2 Commissions Example: Male Age 6 in Florida With a $5, IRA Goal: The client would like to pass this money to his heirs tax
More informationGuaranteed Universal Life
Guaranteed Universal Life A Flexible Universal Life Insurance Policy Life Insurance Policy Proposal Prepared for: Presented by: Adding Certainty - 500k Jim Armstrong CLU ChFC Mutual of Omaha Mutual of
More informationFlexible Premium Deferred Annuity Handbook. Concepts and Definitions
Flexible Premium Deferred Annuity Handbook Contents Overview of Annuities 3 Definition of Flexible Premium Deferred Annuity (FPDA) 4 What is the Difference Between a Qualified and Nonqualified Annuity?
More informationYour guide to Canada Life s participating life insurance. Estate Achiever Wealth Achiever
Your guide to Canada Life s participating life insurance Estate Achiever Wealth Achiever This guide provides an overview of key features of participating life insurance products offered by Canada Life.
More informationPruLife Founders Plus UL
PruLife Founders Plus UL PREPARE FOR THE POSSIBILITIES IN LIFE The Prudential Insurance Company of America 0255027 0255027-00001-00 Ed. 12/2013 Exp. 06/12/2015 A FINANCIAL LEADER FOR OVER 135 YEARS Prudential
More informationLondon Life participating life insurance
Your guide to London Life participating life insurance Value, strength and choice What you ll learn from this guide This guide, combined with professional advice from your financial security advisor, helps
More informationWhole Life/Ten Payment Whole Life
Whole Life/Ten Payment Whole Life Vitus Lau Tel: 510.279.2277 VitusLau@finsvcs.com Whole Life/Ten Payment Whole Life Disclosure: The information provided is not written or intended as tax or legal advice
More informationYour guide to Great-West Life Participating life insurance
Your guide to Great-West Life Participating life insurance This guide provides a high-level overview of key features of Great-West Life participating life insurance. After you review this guide, talk with
More informationLincoln LifeElements Level Term (2014) Product Reference Guide Table of Contents
FOR LIFE Product Reference Guide Lincoln LifeElements Level Term (2014) This information was compiled by Product & Distribution Support. For questions contact Annie Raasch annie.raasch@lfg.com. You re
More informationThe State Life Insurance Company P. O. Box 6062 Indianapolis, IN 46206-6062
P. O. Box 6062 Indianapolis, IN 46206-6062 Life Insurance Illustration Whole Life Insurance with Long-Term Care Benefits for Either or Both Insureds Asset-Care IV Valued Client and Valued Client Presented
More informationA Technical Guide for Individuals. The Whole Story. Understanding the features and benefits of whole life insurance. Insurance Strategies
A Technical Guide for Individuals The Whole Story Understanding the features and benefits of whole life insurance Insurance Strategies Contents 1 Insurance for Your Lifetime 3 How Does Whole Life Insurance
More informationValued Client Owner Age: 65 State of Issue: Connecticut
Fixed Annuity Prepared For: Valued Client Owner Age: 65 State of Issue: Connecticut Prepared On: March 31, 2014 Prepared By: Valued Client Firm Name: Input Summary: Premium: $100,000 Withdrawal Charge
More informationProduct Reference Guide
FOR LIFE Product Reference Guide Lincoln LifeElements Level Term (2011) This information was compiled by Product & Distribution Support. For questions contact Annie Raasch annie.raasch@lfg.com. Hello future.
More informationLSW FlexLife Indexed Universal Life Insurance
Indexed Universal Life Insurance Prepared on March 26, 2014 for The Client Presented by Trusted Agent 1 National Life Drive Montpelier, Vermont 05604 802 229-3333 Life Changes. Protect It. Product Issued
More informationImplications of Withdrawals and Loans from a Life Insurance Policy
Implications of Withdrawals and Loans from a Life Insurance Policy Life insurance is frequently structured to provide income that can be used for various needs, such as supplemental retirement income,
More informationLiving Benefit Rider (LBR)
Face Amount 300,000.00 Insurance Coverage 600,000.00 24,000.00 Rider (LBR) Life Insurance Proposal In the Philippines, insurance products are being offered through Sun Life of Canada (Philippines), Inc.,
More informationDebunking the Myths about Whole Life Insurance:
Debunking the Myths about Whole Life Insurance: Taking a Fresh Look at a Time-Tested Product A CONSUMER GUIDE TO EXPAND THE CONVERSATION ABOUT WHOLE LIFE INSURANCE Financial experts continue to discount
More informationLife Insurance Boot Camp Class #2. May 22, 2007
Life Insurance Boot Camp Class #2 LANNY D. LEVIN AGENCY, Inc. & 1 May 22, 2007 Some of the Subjects for Today 2 Term Insurance Whole Life Insurance How basic WL works What is a Dividend? Dividend Options
More informationTRANSAMERICA LIFE INSURANCE COMPANY Home Office: [4333 Edgewood Road NE, Cedar Rapids, IA 52499] A Stock Company
TRANSAMERICA LIFE INSURANCE COMPANY Home Office: [4333 Edgewood Road NE, Cedar Rapids, IA 52499] A Stock Company Subject to the provisions of this Certificate and receipt of due proof of the Insured s
More informationWhole Life Legacy 20 Pay Basic Life Insurance Illustration
Whole Life Legacy 2 Pay Basic Life Insurance Illustration Prepared for: d Client Male, Age 4 Presented by: Michael Fliegelman. CLU, ChFC, AEP RFC Independent Insurane And Financial Consulting 5 Harborfields
More informationCost-effective index universal life insurance with upside potential and downside protection
Elite Index II Producer Guide Cost-effective index universal life insurance with upside potential and downside protection Policies issued by American General Life Insurance Company (AGL) Security and choice
More informationESTATEMAX PRODUCT GUIDE
ESTATEMAX PRODUCT GUIDE Permanent Participating Life Insurance Planning Your Future FOR ADVISOR USE ONLY HIGHLIGHTS Premium Options EstateMax 100 EstateMax 20 Pay Coverage Options Single Life Joint First
More informationThe Case for Whole Life Insurance Living the Legacy
The Case for Whole Life Insurance Living the Legacy Whole Life and the Legacy Portfolio For Producer Use Only. Not For Use With the Public CRN201302-144614 1 Agenda Today s Agenda What is Participating
More informationVariable Universal Life Permanent Life Insurance. Flexible premiums and potential cash value
Variable Universal Life Permanent Life Insurance Flexible premiums and potential cash value Why consider a Variable Universal Life Policy? Permanent life insurance protection, plus potential cash value
More informationAviva s Optional Riders
Aviva s Optional Riders Make this your policy We are building insurance around you. SM 17714 8/10 Customize your universal life policy with Aviva s menu of optional riders If you think of your life insurance
More informationLife Insurance Review Using Legacy Advantage SUL Insurance Policy
Using Legacy Advantage SUL Insurance Policy Supplemental Illustration Prepared by: MetLife Agent 200 Park Ave. New York, NY 10166 Insurance Products: Not A Deposit Not FDIC-Insured Not Insured By Any Federal
More informationThe Whole Story of. Whole Life
The Whole Story of Whole Life Introduction Whole life is the most versatile financial instrument ever devised for the protection of families, businesses, and the creation and enhancement of wealth. To
More informationLife Insurance in Retirement Planning
Life Insurance in Retirement Planning HOW PERMANENT LIFE INSURANCE CAN HELP MEET YOUR DEATH BENEFIT NEEDS AND ENHANCE YOUR RETIREMENT. 0251133-00002-00 Did You Know? Many high-income and high-net worth
More informationThe Hartford Saver Solution SM A FIXED INDEX ANNUITY DISCLOSURE STATEMENT
The Hartford Saver Solution SM A FIXED INDEX ANNUITY DISCLOSURE STATEMENT THE HARTFORD SAVER SOLUTION SM FIXED INDEX ANNUITY DISCLOSURE STATEMENT This Disclosure Statement provides important information
More informationThe Long-Term Care Rider
Producer Guide An Accelerated Death Benefit Rider FOR BROKER/DEALER USE ONLY. NOT FOR USE WITH THE PUBLIC. The Long-Term Care Rider The Long-Term Care Rider The Long-Term Care (LTC) rider 1 is designed
More informationLONG-TERM CARE RIDER. An Accelerated Death Benefit Rider Protection when you need it most PRODUCER GUIDE
PRODUCER GUIDE PROTECTION An Accelerated Death Benefit Rider Protection when you need it most THIS MATERIAL IS FOR INSTITUTIONAL/BROKER-DEALER USE ONLY. NOT FOR DISTRIBUTION OR USE WITH THE PUBLIC. Strength.
More informationThe Whole Story of Whole Life
The Whole Story of Whole Life Your Freedom Guaranteed AN EDUCATIONAL GUIDE FOR INDIVIDUALS Whole life is a versatile financial instrument devised for the protection of families and businesses while creating
More informationSales Strategy Life Insurance in Retirement Planning Plus
Sales Strategy Life Insurance in Retirement Planning Plus Life insurance protection is the foundation of a family s future, providing cash to: replace income for surviving family, pay off family debt,
More informationSingle Premium Whole Life
Single Premium Whole Life For Agent/Broker-Dealer Use Only. Not for Distribution to the Public. Life Product Guide Circular Memo To: From: Guardian Associates Jim Suslavich, Vice President, Life Product
More informationThe Hartford Saver Solution Choice SM A FIXED INDEX ANNUITY DISCLOSURE STATEMENT
The Hartford Saver Solution Choice SM A FIXED INDEX ANNUITY DISCLOSURE STATEMENT THE HARTFORD SAVER SOLUTION CHOICE SM FIXED INDEX ANNUITY DISCLOSURE STATEMENT This Disclosure Statement provides important
More informationSecure Lifetime GUL 3 Guaranteed Universal Life Insurance Information for Financial Professionals
Secure Lifetime GUL 3 Guaranteed Universal Life Insurance Information for Financial Professionals Our commitment to your clients is stronger than ever before! Policies issued by American General Life Insurance
More informationPacific Life Insurance Company [45 Enterprise Aliso Viejo, CA 92656] [www.pacificlife.com (800) 347-7787]
Pacific Life Insurance Company [45 Enterprise Aliso Viejo, CA 92656] [www.pacificlife.com (800) 347-7787] READ YOUR POLICY CAREFULLY. This is a legal contract between you, the Owner, and us, Pacific Life
More informationCHAPTER 5 LIFE INSURANCE POLICY OPTIONS AND RIDERS
CHAPTER 5 LIFE INSURANCE POLICY OPTIONS AND RIDERS There are a number of policy options and riders that the purchasers of insurance need to understand. Obviously, life and disability agents need to have
More informationGuaranteed. Death Benefit UL Products. ING Guaranteed Death Benefit Universal Life II. ING Guaranteed Death Benefit Universal Life II NY
Lifetime Guaranteed Death Benefit UL Products ING Guaranteed Death Benefit Universal Life II ING Guaranteed Death Benefit Universal Life II NY Producer Guide Life insurance issued by: Security Life of
More informationHARTFORD LEADERS VUL LEGACY
HARTFORD LEADERS VUL LEGACY Preserve your legacy with variable universal life insurance Client: Jack Age: 42 Estimated net worth: $750,000 Profession: Warehouse manager His story: Married, three children
More informationGuardian and Northwestern Mutual. January 15, 2010
2010 Whole Life Competition - The Guardian Advantage Guardian and Northwestern Mutual January 15, 2010! "#$ %& '('()***+, -'. / / 0 1. 1./ 0 $ / 0! / $ 1 $ 0 2 If you are competing Whole Life to Whole
More informationWhole Life II. Protection They Can Count On. What you ll find inside... Life Insurance
Marketing Guide Life Insurance Whole Life II Protection They Can Count On What you ll find inside... Product Highlights Target Audience Product Details Available Riders FOR BROKER-DEALER OR AGENT USE ONLY
More informationThe Whole Story of Whole Life
The Whole Story of Whole Life Introduction Whole life is the most versatile financial instrument ever devised for the protection of families and businesses and the creation and enhancement of wealth. To
More informationUnderstanding Life Insurance: A Lesson in Life Insurance
Understanding Life Insurance: A Lesson in Life Insurance If something happens to you, how will your family replace your earning power? Table of Contents Page Your Earning Power 2 Life Insurance Questions
More informationIncome Preferred Bonus Fixed Indexed Annuity
Income Preferred Bonus Fixed Indexed Annuity 55542 (03/14) What is a fixed indexed annuity? It is a contract between you and an insurance company. In return for your money, or premium, the insurance company
More informationLife Insurance Review
Supplemental Illustration Prepared by: MetLife Agent Financial Services Representative 200 Park Ave. New York, NY 10166 Insurance Products: Not A Deposit Not FDIC-Insured Not Insured By Any Federal Government
More informationCash Bonus Elite. Annuity CB50330. Page 1 of 6
CB50330 Page 1 of 6 Cash Bonus Elite How would you like to enjoy up to 10% immediate growth on your money plus, up to 10% immediate growth on all additional payments made in the next 10 years? An exceptional
More informationSecurePlus Provider I N D E X E D U N I V E R S A L L I F E
SecurePlus Provider I N D E X E D U N I V E R S A L L I F E B U Y E R S G U I D E TC27761(0906) Life is a journey. And while there are many unknowns along the way, you can be prepared. Preparations should
More informationAG ROP Select-a-Term Level-Premium Endowment Term Insurance FINANCIAL PROFESSIONAL GUIDE
AG ROP Select-a-Term Level-Premium Endowment Term Insurance FINANCIAL PROFESSIONAL GUIDE Policies issued by: American General Life Insurance Company FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION
More informationFreedom to enjoy tax-free retirement income
Tax-efficient retirement income Using life insurance Freedom to enjoy tax-free retirement income 291194 F (9/13) The Protect. Grow. Give. philosophy With life and disability income insurance, you have
More information