Life Insurance Portfolio AT A GLANCE SUN LIFE FINANCIAL

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Life Insurance Portfolio AT A GLANCE SUN LIFE FINANCIAL"

Transcription

1 ADVISOR USE ONLY Life Insurance Portfolio AT A GLANCE SUN LIFE FINANCIAL SunTerm Sun Limited Pay Life SunUniversalLife and SunUniversalLife Max Sun Par Protector Sun Par Accumulator You can meet your clients unique needs with a wide range of life insurance solutions from Sun Life Financial. This guide compares the features and benefits available with Sun Life Financial s life insurance product portfolio to help you find the right temporary or permanent solution to best meet your clients needs. Life s brighter under the sun

2 WE VE PROVIDED THIS INFORMATION AS AN OVERVIEW OF THE FEATURES AND BENEFITS AVAILABLE WITH SUN LIFE FINANCIAL S LIFE INSURANCE SOLUTIONS. FOR FURTHER DETAILS ON EACH OF THESE PRODUCTS, PLEASE REFER TO THE ADVISOR GUIDE OR POLICY. SunTerm SunTerm provides clients with affordable, temporary protection for short-term needs. As clients needs change, they will have the flexibility to adjust their insurance to meet their requirements in the future. With SunTerm, underwriting classes 1, 2 and 4 are not be available for clients who are age nearest 40 or less at issue AND are applying for a coverage amount of less than $500,000. Target markets May be ideal for clients who: need to cover a temporary risk require a flexible product that can be increased as their needs change (subject to underwriting) want the option to convert to permanent insurance as their needs change May be ideal for business clients who are looking to: share a need to cover a larger temporary risk match their term length to a business plan Term lengths and issue ages Coverage options Multiple coverages Single life and Joint first-to-die: 10 year term: year term: year term: year term: Single life Multiple lives: Coverage is based on one insured person Maximum of five single lives or four single lives and The death benefit is payable on the death one joint life per policy of that insured person Can be added at any policy anniversary subject Joint first-to-die: to underwriting Covers two lives Cover multiple lives under one policy Survivor benefit and Automatic survivor benefit included Splitting joint coverage into two single policies is not permitted Up to three additional coverages can be added at any policy anniversary (each must have a different term length) Maximum of nine coverages per life or 15 coverages per policy Rate bands $250,000 - $499,999 Underwriting classes Renewability and conversion availability Special conversion Policy fees and premium payment options Optional benefits $1,000,000 - $4,999,999 $5,000,000 - $15,000,000 1 Class 1: no nicotine for 60 months, excellent health and lifestyle Class 2: no nicotine for 24 months, very good health and lifestyle Class 3: no nicotine for 12 months, good health and lifestyle Class 4: any nicotine use, good health and lifestyle Class 5: any nicotine use, fair health and lifestyle Note: occasional large cigar smokers (12/year) will be considered class 3 Guaranteed renewable until policy anniversary nearest age 85 (oldest person insured for joint-first-to-die) Guaranteed convertible until the policy anniversary nearest age 75 (oldest person insured for joint-first-to-die) SunTerm 10 and SunTerm 15 policies issued after February 2, 2015 are eligible to convert to either a SunTerm 20 or a SunTerm 30 2 Premium mode: Annual Monthly Renewal protection benefit Child term benefit Accidental death benefit Total disability waiver benefit 1 Amounts in excess of $15,000,000 are available through a special quote. 2 Conversion is subject to age limits and must be done prior to the 5th policy anniversary. Policy fee: $25.00 $2.25 Owner waiver disability benefit Guaranteed insurability benefit Business value protection benefit Partner protection benefit 2

3 Sun Limited Pay Life Sun Limited Pay Life is a permanent life insurance product, offering a guaranteed cost of insurance (COI) payable for a limited period of time, with guaranteed cash surrender values and a guaranteed death benefit. With this solution, clients can choose a payment period to match their needs. Target market May be ideal for clients age 25 to 50 looking for: life insurance for their children or grandchildren estate and financial planning guaranteed minimum payments for a guaranteed period of time the option to invest additional funds to increase their death benefit, or for tax-deferred savings growth Premium payment options 3 and issue ages 10-pay: pay: pay: 0-65 Pay to age 65: 0-44 Coverage options Single life Joint last-to-die 4 COI bands $25,000 - $49,999 $50,000 - $99,999 $100,000 - $249,999 Note: Special quotes may be available for cases over $10,000,000. $250,000 - $499,999 $1,000,000 - $10,000,000 COI Guaranteed cash surrender values Premium tax Death benefit Guaranteed level COI for the duration of the payment period Guaranteed to cease at the end of the selected payment period Available on policy surrender Starts at the fifth policy anniversary Not included as part of the death benefit 2% guarantee for all provinces Face plus fund Guaranteed cash surrender values are not paid as part of the death benefit Underwriting classes Non-smoker Smoker Investment account options Optional benefits Non-guaranteed investment accounts: 6 index accounts 10 managed accounts Total disability Owner waiver Guaranteed investment accounts: daily interest account guaranteed interest account (1-, 3-, 5-, 10- and 20-year terms) long-term managed portfolio account Guaranteed insurability Child term Special features Cash accessibility available through policy loans and withdrawals No policy fees or surrender charges Living benefit 3 These limited payment periods are guaranteed only if the client makes the minimum payment throughout the payment period and the client selects a guaranteed investment account option. If clients choose index or managed accounts and the interest earned is negative, or if they make any withdrawals or loans, they will be required to make additional payments to keep their policy in effect. The minimum payment required is the monthly cost of insurance plus the guaranteed 2% premium tax. 4 Not available for Pay to age 65, and both lives must be at least 18 for a joint life policy. There is a $50,000 minimum for joint last-to-die. 3

4 SunUniversalLife and SunUniversalLife Max SunUniversalLife is a permanent life insurance policy that includes insurance benefits on one or more insured persons with several investment options available for your clients. SunUniversalLife Max builds on the strengths of SunUniversalLife and is suited for very affluent clients who want to maximize their fund values, while offering more funding capacity in the early years. Target market Coverage options May be ideal for clients: age 50+ who need $1,000,000 of life insurance protection who have maximized their RRSPs who are business owners looking to maintain the value of their business Single life Joint first-to-die, up to five lives per basic insurance benefit Joint last-to-die, up to two lives per basic insurance benefit Multiple life, up to five single lives, or four single lives and one joint life (maximum nine lives per policy) Issue ages Yearly renewable term (YRT) COI: 0-64 Level COI: COI bands $100,000 - $249,999 $250,000 - $499,999 Joint life: Indexed face amount: 0-70 $1,000,000 - $5,000,000 Note: COI band for under $100,000 is available for conversion only. Special quotes may be available for cases over $5,000,000 Death benefit options Level insurance amount Insurance amount plus fund Fund builder Indexed insurance amount (Consumer Price Index or fixed index to a maximum of 8%) COI Guaranteed YRT Guaranteed level Underwriting classes Non-smoker Smoker Surrender charges Investment account options No investment bonus option SunUniversalLife: applicable for 10 years for each coverage (based on a multiple of the insurance factor) Guaranteed accounts: daily interest account (DIA) guaranteed interest account (GIA) Must be chosen at time of sale COI discount not available SunUniversalLife Max: applicable for 10 years for each coverage (based on a multiple of the insurance factor) but higher in the first five policy years 11 index accounts with varied level of risk 25 managed accounts with varied level of risk Lower management fees (indexed and managed accounts) Higher interest rates credited for DIA and GIA Investment bonus option COI discount Must be chosen at time of sale Bonus starts at the end of year two, and credits 0.40% annually on the policy anniversary Higher management fees than with the no bonus option Added to the activity account Available only for policies with an investment bonus Reduces the COI based on the funding ratio 4 and the insured person s age when they purchase the policy For discount calculation purposes, the funding ratio is vested at the end of the ninth year for the life of the policy Optional benefits Special features Term insurance Total disability Owner death Owner disability Access to the policy fund when disabled Early death benefit Accidental death insurance Guaranteed insurability Executive guaranteed insurability benefit Coverage death benefit Joint first-to-die survivor benefit and automatic survivor benefit Living benefit 4 Funding ratio is the net insurance payments (total payments minus the insurance charges for the optional benefits, withdrawals and market value adjustments) divided by the insurance factor accumulated over completed years. 4

5 Sun Par Protector Sun Par Protector is a permanent participating whole life insurance policy that provides high long-term total cash value and death benefit growth. Depending on the dividend option chosen, a client s policy can grow as their needs change. Sun Par Protector is suited for affluent clients interested in ensuring their estate transfers intact to their beneficiaries, or who are looking for the flexibility to access the policy s cash values to supplement their retirement income. Target market Guaranteed premium payment options and issue ages May be ideal for clients age 45 to 60 looking for: permanent participating coverage that provides guarantees with opportunities for growth and flexibility estate protection an opportunity for long-term, tax-preferred cash value growth ways to enhance their cash flow during their retirement years Life pay: 0-80 Pay to age 65: pay: 0-65 Coverage options Single Joint first-to-die 5 Joint last-to-die 5, premiums to last death Joint last-to-die 5, premiums to first death Premium bands $50,000 - $99,999 $100,000 - $249,999 $250,000 - $499,999 $1,000,000 - $10,000,000 6 Dividend options Guaranteed cash value Paid-up additional insurance Annual premium reduction Dividends on deposit Cash payment Typically begin at the end of year five Enhanced insurance 10-year guarantee lifetime guarantee Policy loans Non-forfeiture option Up to 100% of the total cash value, less one year s interest, less any existing indebtedness may be borrowed Automatic premium loan available, following the grace period Reduced paid-up life insurance Underwriting classes Non-smoker Smoker Plus premium benefit Optional non-par benefits Available with all guaranteed premium payment options: Life pay pay to age pay Term insurance 7 : 5-, 10-, and 20-year renewable convertible terms Child term insurance Accidental death insurance Total disability Available with the following dividend options: paid-up additional insurance enhanced insurance Total disability juvenile; automatically takes effect at age 21 Owner waiver on disability Owner waiver on death Guaranteed insurability benefit Special features Joint first-to-die survivor and automatic survivor benefit available if equivalent single age is less than 65 Living benefit 5 Both lives must be 18 years of age or older. 6 Special quotes are available for cases over $10,000, The term insurance benefit is not available if the base insured is less than 18 years of age. 5

6 Sun Par Accumulator Sun Par Accumulator is a permanent participating whole life insurance policy that provides higher cash values in the early years than Sun Par Protector. Depending on the dividend option chosen, a client s policy can grow as their needs change. Sun Par Accumulator is suited for affluent clients interested in accessing cash values in the early years of their policy to bridge a retirement income gap, while ensuring there is a death benefit in place to protect their estate. Target market Guaranteed premium payment options and issue ages May be ideal for affluent clients age 50+ looking for: early cash values coupled with the benefits of long-term growth protection for their business with the added benefit of high early cash values, coupled with premium flexibility May be ideal for pre-retirees looking for: estate protection combined with cash values they can access throughout their lifetime Life pay: pay: Coverage options Single life Joint first-to-die 8 Joint last-to-die 8, premiums to last death Joint last-to-die 8, premiums to first death Premium bands $250,000 - $499,999 $1,000,000 - $10,000,000 9 Dividend options Guaranteed cash value Paid-up additional insurance Annual premium reduction Typically begin at the end of year one Dividends on deposit Cash payment Policy loans Non-forfeiture option Up to 100% of the total cash value, less one year s interest, less any existing indebtedness may be borrowed Automatic premium loan available, following the grace period Reduced paid-up life insurance Underwriting classes Non-smoker Smoker Plus premium benefit Available with the Life pay guaranteed premium payment option Available with the paid-up additional insurance dividend option Optional non-par benefits Term insurance: 5-, 10-, and 20-year renewable convertible terms Child term insurance Accidental death insurance Total disability Owner waiver on disability Owner waiver on death Guaranteed insurability Special features Joint first-to-die survivor and automatic survivor benefit available if equivalent single age is less than 65 Living benefit 8 Both lives must be 18 years of age or older. 9 Special quotes are available for cases over $10,000,000. 6

7 NOTES 7

8 We re here to help We ve been a trusted and reliable company for over 145 years. As a leading international financial services organization, we continue to build on that strong foundation with a focus on market-leading products, expert advice and innovative solutions. Our team of insurance- and investment-focused sales directors, and living benefits, and advanced tax and estate planning specialists understand your needs and work with you to help you make the best decisions. Contact your Sales Director or visit today. We re dedicated to helping Canadians achieve lifetime financial security. Life s brighter under the sun Sun Life Assurance Company of Canada is a member of the Sun Life Financial group of companies. Sun Life Assurance Company of Canada,

Your guide to participating life insurance SUN PAR PROTECTOR SUN PAR ACCUMULATOR

Your 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 information

SunTerm Client Guide A PRACTICAL GUIDE TO HELPING YOU ACHIEVE A LIFETIME OF FINANCIAL SECURITY. Life s brighter under the sun

SunTerm Client Guide A PRACTICAL GUIDE TO HELPING YOU ACHIEVE A LIFETIME OF FINANCIAL SECURITY. Life s brighter under the sun SunTerm Client Guide A PRACTICAL GUIDE TO HELPING YOU ACHIEVE A LIFETIME OF FINANCIAL SECURITY Life s brighter under the sun SunTerm can be your first step toward achieving lifetime financial security!

More information

Your 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 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 information

ESTATEMAX PRODUCT GUIDE

ESTATEMAX 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 information

10, 15, 20-year options

10, 15, 20-year options 10, 15, 20-year options Making it simple. Planning your future with guarantees. G R E AT- W E S T L I F E U N I V E R S A L L I F E I N S U R A N C E Limited-pay cost of insurance Making it simple Great-West

More information

Whole Life Insurance. John Perre Regional Life Sales Manager

Whole Life Insurance. John Perre Regional Life Sales Manager Introduction to Whole Life Insurance John Perre Regional Life Sales Manager Agenda Introduction to Equitable Life Stock company VS a mutual company Benefits of dealing with a Mutual Company Introduction

More information

Term life insurance. from Great-West Life. Cost-effective, flexible and convertible coverage

Term life insurance. from Great-West Life. Cost-effective, flexible and convertible coverage Term life insurance from Great-West Life Cost-effective, flexible and convertible coverage It s about your needs Convert to a longer term If you elect a term 10 life insurance policy, you can convert to

More information

SunUniversalLife. Advisor guide. What s inside. Life s brighter under the sun ADVISOR USE ONLY. investment accounts. product overview.

SunUniversalLife. Advisor guide. What s inside. Life s brighter under the sun ADVISOR USE ONLY. investment accounts. product overview. Life insurance Permanent ADVISOR USE ONLY SunUniversalLife Advisor guide What s inside product overview cost of insurance death benefit options joint and multiple life coverages investment accounts taxation

More information

Millennium universal life insurance

Millennium universal life insurance Millennium universal life insurance Permanent protection that can change with you Millennium universal life insurance Over the years, you ve worked hard to build the lifestyle you enjoy today. You ve made

More information

PRODUCT FEATURES AND ATTRIBUTES

PRODUCT FEATURES AND ATTRIBUTES Attributes Standard Preferred Death Benefit Structure Level Amount Level Amount Level Amount Premiums Payable all, increasing at 10 yr. renewals Premiums Payable all, increasing at 10 yr. renewals Level

More information

Protection Solutions. Your guide to. Whole Life insurance. with Standard Life. Making Retirement Better. Grow. Protect. Live. Transfer.

Protection Solutions. Your guide to. Whole Life insurance. with Standard Life. Making Retirement Better. Grow. Protect. Live. Transfer. Protection Solutions Your guide to Whole Life insurance with Standard Life Making Retirement Better Grow. Protect. Live. Transfer. Hello. There are few guarantees in life. So how do you prepare for what

More information

UNIVERSAL LIFE INSURANCE. Flexible permanent protection

UNIVERSAL LIFE INSURANCE. Flexible permanent protection UNIVERSAL LIFE INSURANCE Flexible permanent protection A solution to your financial security needs and goals Universal life insurance from London Life At London Life, we create products to help you meet

More information

equimax Par Whole Life GUIDE equimax YOUR GUIDE TO EQUIMAX 02

equimax Par Whole Life GUIDE equimax YOUR GUIDE TO EQUIMAX 02 YOUR GUIDE TO EQUIMAX equimax CLIENT GUIDE YOUR GUIDE TO EQUIMAX 02 ABOUT EQUITABLE LIFE OF CANADA Equitable Life is the largest federally regulated mutual life insurance company in Canada. For generations

More information

Financial security protection tailored for your lifestyle

Financial security protection tailored for your lifestyle G R E A T - W E S T L I F E U n i v e r s a l l i f e i n s u r a n c e Financial security protection tailored for your lifestyle F A L L 2 0 0 6 G r e a t - W e s t u n i v e r s a l l i f e i n s u

More information

Participating life insurance

Participating life insurance Participating life insurance Wealth Achiever Estate Achiever Canada Life offers two participating life insurance products from which to choose: Wealth Achiever and Estate Achiever. Both combine the strength

More information

Equimax Participating Whole Life Advisor s Guide to Product Administration Rules and Guidelines October 2015

Equimax Participating Whole Life Advisor s Guide to Product Administration Rules and Guidelines October 2015 Page 1 of 44 Equimax Participating Whole Life Advisor s Guide to Product Administration Rules and Guidelines October 2015 Prepared by: Individual Life & Health Product Development & Marketing Page 2 of

More information

EQUIMAX PARTICIPATING WHOLE LIFE

EQUIMAX PARTICIPATING WHOLE LIFE EQUIMAX PARTICIPATING WHOLE LIFE equimax ADVISOR GUIDE YOUR GUIDE TO EQUIMAX 6 ABOUT EQUITABLE LIFE OF CANADA Equitable Life is one of Canada s largest mutual life insurance companies. For generations

More information

Your guide to Great-West Life Participating life insurance

Your 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 information

London Life term life insurance

London Life term life insurance Your guide to London Life term life insurance C o v e r a g e t h a t c a n c h a n g e w i t h y o u Term life insurance from London Life London Life term life insurance enables you to buy the protection

More information

Continuing Education for Advisors

Continuing Education for Advisors Continuing Education for Advisors knowledge continuing training educate online awareness participate Participating life insurance Learning objectives By the end of this course you will be able to: Explain

More information

Participating life insurance

Participating life insurance Participating life insurance Wealth Achiever Estate Achiever advisor guide Stability, accountability & strength What s new May 2011 New riders for Wealth Achiever and Estate Achiever max 20 Simply Preferred

More information

your guide to equation gen IV

your guide to equation gen IV your guide to EQUATION GENERATION IV equation gen IV CLIENT GUIDE ABOUT EQUITABLE LIFE OF CANADA Equitable Life is the largest federally regulated mutual life insurance company in Canada. For generations

More information

Wealth Achiever participating life insurance illustration Max 20

Wealth Achiever participating life insurance illustration Max 20 Wealth Achiever participating life insurance illustration Max 20 Canada Life's permanent participating life insurance gives you a foundation of basic cash value that is guaranteed, tax-advantaged growth,

More information

FOUNDATIONAL LIFE FOUNDATIONAL LIFE. Representative Guide

FOUNDATIONAL LIFE FOUNDATIONAL LIFE. Representative Guide FOUNDATIONAL LIFE FOUNDATIONAL LIFE Representative Guide Contents What is Foundational Life insurance?............................. 3 Why is it Unique?...................................................

More information

YOU CAN OWN? WHY RENT WHEN

YOU CAN OWN? WHY RENT WHEN WHY RENT WHEN YOU CAN OWN? A COMPARISON OF TERM & PERMANENT LIFE INSURANCE This guide helps you understand the differences between term and permanent coverage by comparing them to renting versus owning

More information

SunTerm (joint first-to-die)

SunTerm (joint first-to-die) SunTerm Policy number: LI-1234,567-8 Owner: Jim Doe The following policy wording is provided solely for your convenience and reference. It is incomplete and reflects only some of the general provisions

More information

London Life participating life insurance

London 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 information

SHARED OWNERSHIP STRATEGY. Help business owners protect company and personal assets and increase their savings.

SHARED OWNERSHIP STRATEGY. Help business owners protect company and personal assets and increase their savings. SHARED OWNERSHIP STRATEGY Help business owners protect company and personal assets and increase their savings. Here s the story James Robinson and Kirk Jones are the shareholders and key managers of Adventure

More information

TERM INSURANCE. term FOR ADVISOR USE ONLY

TERM INSURANCE. term FOR ADVISOR USE ONLY TERM INSURANCE FOR ADVISOR USE ONLY ABOUT EQUITABLE LIFE OF CANADA Equitable Life is one of Canada s largest mutual life insurance companies. For generations we ve provided policyholders with sound financial

More information

Discover What s Possible

Discover 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 information

Sometimes it s best to start with the basics.

Sometimes it s best to start with the basics. Sometimes it s best to start with the basics. An overview of term life insurance. Protection that s easy and affordable. More things should be that way. Term life insurance is the simplest form of life

More information

OPTIMAX. PRODUCT GUIDE Permanent Participating Life Insurance The future begins today FOR ADVISOR USE ONLY

OPTIMAX. PRODUCT GUIDE Permanent Participating Life Insurance The future begins today FOR ADVISOR USE ONLY OPTIMAX PRODUCT GUIDE Permanent Participating Life Insurance The future begins today FOR ADVISOR USE ONLY HIGHLIGHTS Premium Options Optimax 100 Optimax 20 Pay Coverage Options Single Joint First or Second

More information

4794-00A-MAR15. Product Brochure

4794-00A-MAR15. Product Brochure 4794-00A-MAR15 Product Brochure ParPlus & ParPlus Junior Assumption Life, one of the few remaining mutual life insurance companies in Canada, is proud to offer its latest participating life insurance products

More information

Foundational Life. a guide for Representatives

Foundational Life. a guide for Representatives Foundational Life a guide for Representatives 1 CONTENTS What is Foundational Life?............................. 4 Why is it Unique?................................... 4 How Does Foundational Life Work?......................

More information

YOUR GUIDE TO EQUILIFE LIMITED PAY UNIVERSAL LIFE

YOUR GUIDE TO EQUILIFE LIMITED PAY UNIVERSAL LIFE YOUR GUIDE TO EQUILIFE LIMITED PAY UNIVERSAL LIFE equilife CLIENT GUIDE ABOUT EQUITABLE LIFE OF CANADA Equitable Life is one of Canada s largest mutual life insurance companies. For generations we ve provided

More information

INSURED ANNUITY STRATEGY. Help your clients increase their after-tax income with universal life, without reducing the estate for their heirs.

INSURED ANNUITY STRATEGY. Help your clients increase their after-tax income with universal life, without reducing the estate for their heirs. INSURED ANNUITY STRATEGY Help your clients increase their after-tax income with universal life, without reducing the estate for their heirs. Here s the story Dennis and Rosemary, ages 68 and 64, have worked

More information

Your insurance policy

Your insurance policy Your insurance policy Policy ST000000E on the life of James Doe RBC Life Insurance Company agrees to pay benefits in accordance with the terms and conditions of this policy for losses occurring while this

More information

10-, 20-, 25- and 30-year guaranteed level term life insurance. Face Amounts. Certificate Fees. Modal Factors. Underwriting Classes.

10-, 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 information

Destiny. a guide for clients

Destiny. a guide for clients Destiny a guide for clients 1 For those who prefer choice over chance Destiny is universal life insurance that provides a broad spectrum of choices to protect your life, your investments, and your business.

More information

Life insurance. Shedding light on A PRACTICAL GUIDE TO HELPING YOU ACHIEVE A LIFETIME OF FINANCIAL SECURITY. Life s brighter under the sun

Life insurance. Shedding light on A PRACTICAL GUIDE TO HELPING YOU ACHIEVE A LIFETIME OF FINANCIAL SECURITY. Life s brighter under the sun Shedding light on Life insurance A PRACTICAL GUIDE TO HELPING YOU ACHIEVE A LIFETIME OF FINANCIAL SECURITY LEARN MORE ABOUT: Safeguarding your loved ones Protecting your future Ensuring your dreams live

More information

For those who prefer choice over chance

For those who prefer choice over chance Destiny insurance For those who prefer choice over chance Make the decisions that will control your destiny Destiny * insurance is universal life insurance that provides a broad spectrum of choices to

More information

TermSelect. Product Guide. Affordable, Valuable and Adaptable Insurance for Life. FOR ADVISOR USE ONLY

TermSelect. Product Guide. Affordable, Valuable and Adaptable Insurance for Life. FOR ADVISOR USE ONLY TermSelect TM Product Guide Affordable, Valuable and Adaptable Insurance for Life. FOR ADVISOR USE ONLY Affordable, Valuable and Adaptable Insurance for Life. TermSelect at a glance TerMS 10-year 20-year

More information

Discover What s Possible

Discover What s Possible Discover What s Possible Whole Life SM Flexible Choice SM Flexible Choice Whole Life for Individuals and Families Life is filled with possibilities As the path of life unfolds, life insurance may be the

More information

SunTerm life insurance (Joint first-to-die)

SunTerm life insurance (Joint first-to-die) SunTerm life insurance (Joint first-to-die) Policy number: LI-1234,567-8 Owner: John Doe Mary Doe The following policy wording is provided solely for your convenience and reference. It is incomplete and

More information

CORPORATE RETIREMENT STRATEGY ADVISOR GUIDE. *Advisor USE ONLY

CORPORATE RETIREMENT STRATEGY ADVISOR GUIDE. *Advisor USE ONLY CORPORATE RETIREMENT STRATEGY ADVISOR GUIDE *Advisor USE ONLY TABLE OF CONTENTS Introduction to the corporate retirement strategy...2 Identify the opportunity - target markets... 3 Policy ownership: corporate

More information

Do You Have the Right Life Insurance?

Do You Have the Right Life Insurance? Do You Have the Right Life Insurance? Having adequate life insurance should be an important part of your financial planning. The type(s) you choose will depend on your needs and goals. Life insurance was

More information

EQUATION GENERATION IV UNIVERSAL LIFE

EQUATION GENERATION IV UNIVERSAL LIFE EQUATION GENERATION IV UNIVERSAL LIFE equation gen IV ADVISOR GUIDE ABOUT EQUITABLE LIFE OF CANADA Equitable Life is one of Canada s largest mutual life insurance companies. For generations we ve provided

More information

PLAIN TALK about LIFE INSURANCE

PLAIN TALK about LIFE INSURANCE PLAIN TALK about LIFE INSURANCE Having the right life insurance protection can have an enormous effect on your life and the lives of those you love. A proper financial security plan can mean the difference

More information

Life insurance provides

Life insurance provides ADVISOR USE ONLY 1 Impact of 217 tax changes on life insurance THE DETAILS Life insurance provides protection, but some policies also allow clients to accumulate savings on a tax-preferred basis. The Income

More information

UL at-a-glance. A comprehensive overview of the following Universal Life products issued by AGL and US Life: zag Secure Survivor GUL II

UL at-a-glance. A comprehensive overview of the following Universal Life products issued by AGL and US Life: zag Secure Survivor GUL II UL at-a-glance A comprehensive overview of the following Universal Life products issued by AGL and US Life: Survivor GUL II Lifetime GUL II Elite UL Policies issued by: American General Life Insurance

More information

Your guide to Term Insurance

Your guide to Term Insurance Protection Solutions Your guide to Term Insurance with Standard Life Making Retirement Better Grow. Protect. Live. Transfer. Hello. More and more people are looking for financial security that will get

More information

We keep our promises.

We 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 information

ESTATEMAXTM. The Power of Participating Life Insurance

ESTATEMAXTM. The Power of Participating Life Insurance ESTATEMAXTM The Power of Participating Life Insurance What is EstateMax? EstateMax is a participating whole life insurance plan offered by Empire Life that combines permanent life insurance with the unique

More information

Discover What s Possible

Discover 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 information

GIVE YOUR CLIENTS A RAISE, LONG AFTER THEY RETIRE

GIVE YOUR CLIENTS A RAISE, LONG AFTER THEY RETIRE GIVE YOUR CLIENTS A RAISE, LONG AFTER THEY RETIRE The executive retirement account A strategy using exempt life insurance. Here s the story Robert, 45, is the owner-manager of ABC Manufacturing (ABC) and

More information

LIFE INSURANCE & ANNUITIES. Call on AAA with confidence. Have a question? Need a quote? Simply contact your nearest AAA Agent: ALMI-18384-D8-XX

LIFE INSURANCE & ANNUITIES. Call on AAA with confidence. Have a question? Need a quote? Simply contact your nearest AAA Agent: ALMI-18384-D8-XX Call on AAA with confidence. Have a question? Need a quote? Simply contact your nearest AAA Agent: LIFE INSURANCE & ANNUITIES ALMI-18384-D8-XX 5450-42287 R E L I A B I L I T Y Life is filled with questions.

More information

Personal retirement account A retirement savings strategy. Show clients a tax-preferred solution to enhance retirement income

Personal retirement account A retirement savings strategy. Show clients a tax-preferred solution to enhance retirement income Personal retirement account A retirement savings strategy using PARTICIPATING life insurance Show clients a tax-preferred solution to enhance retirement income 2 Personal retirement account Here s the

More information

CHAPTER 5 LIFE INSURANCE POLICY OPTIONS AND RIDERS

CHAPTER 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 information

Corporate asset efficiency

Corporate asset efficiency Life insurance solutions Corporate asset efficiency Manage. Access. Preserve. A smart solution for professionals permanent life insurance, a unique asset that can offer tax-advantaged growth. Consider

More information

Life insurance. Shedding light on. a practical guide to helping you achieve a lifetime of financial security

Life insurance. Shedding light on. a practical guide to helping you achieve a lifetime of financial security Shedding light on Life insurance a practical guide to helping you achieve a lifetime of financial security Learn more about: Safeguarding your loved ones Protecting your future Ensuring your dreams live

More information

APPENDIX 4 - LIFE INSURANCE POLICIES PREMIUMS, RESERVES AND TAX TREATMENT

APPENDIX 4 - LIFE INSURANCE POLICIES PREMIUMS, RESERVES AND TAX TREATMENT APPENDIX 4 - LIFE INSURANCE POLICIES PREMIUMS, RESERVES AND TAX TREATMENT Topics in this section include: 1.0 Types of Life Insurance 1.1 Term insurance 1.2 Type of protection 1.3 Premium calculation for

More information

Producer Guide. Whole Life Product Portfolio. MetLife Promise Whole Life SM MetLife Promise Whole Life 120 SM LIFE WHOLE

Producer Guide. Whole Life Product Portfolio. MetLife Promise Whole Life SM MetLife Promise Whole Life 120 SM LIFE WHOLE LIFE WHOLE Whole Life Product Portfolio Producer Guide MetLife Promise Whole Life SM MetLife Promise Whole Life 120 SM. For Producer and Broker/Dealer Use Only. Not for Public Distribution. Life. your

More information

HUB Financial Inc. Universal Life. Carrier Hot Buttons

HUB Financial Inc. Universal Life. Carrier Hot Buttons Universal Life 1. Q. My client likes the idea of Universal Life (UL), but is concerned about surrender charges. Is there a product with no surrender charges? A. a) Empire Life Trilogy, b) Manulife Financial

More information

Foresters Advantage Plus Producer Guide

Foresters Advantage Plus Producer Guide Foresters Advantage Plus Producer Guide Whole Life Insurance This guide is for information purposes only and is intended to answer your questions and provide ideas to help you sell Foresters Advantage

More information

personal retirement account Give your client s retirement plan some real leverage

personal retirement account Give your client s retirement plan some real leverage personal retirement account Give your client s retirement plan some real leverage A retirement savings strategy using universal life insurance Here s the story Janet is 40 and a partner in a large law

More information

Term Life Insurance. Permanent Life Insurance PRODUCT GUIDE 4987-02A-JUL14. LifePhases is marketed through PPI Solutions.

Term Life Insurance. Permanent Life Insurance PRODUCT GUIDE 4987-02A-JUL14. LifePhases is marketed through PPI Solutions. Term Life Insurance Permanent Life Insurance PRODUCT GUIDE 4987-02A-JUL14 LifePhases is marketed through PPI Solutions. This document is a summary of the various features of the LifePhases and LifePhases

More information

GUIDE ADVISOR. Life Insurance. Life s brighter under the sun

GUIDE ADVISOR. Life Insurance. Life s brighter under the sun unte Insur SunTerm Life Insurance ADVISOR GUIDE What s inside Client profile Product features Premiums Risk classes and underwriting Optional benefits Contact information Life s brighter under the sun

More information

Absolute Assignment: The irrevocable transfer of ownership of a life insurance policy from one person to another.

Absolute Assignment: The irrevocable transfer of ownership of a life insurance policy from one person to another. Life Insurance Terms Absolute Assignment: The irrevocable transfer of ownership of a life insurance policy from one person to another. Accelerated Benefits: Allows for the policyholder to receive their

More information

Life insurance product portfolio

Life insurance product portfolio Aviva Life and Annuity Company Life insurance product portfolio Welcome Home to Aviva Universal Life Insurance that is built around you. 15440 9/10 Life insurance built for the many stages of life Aviva

More information

A guide to InnoVision

A guide to InnoVision A guide to InnoVision Universal Life THE MANUFACTURERS LIFE INSURANCE COMPANY InnoVision insurance that fits your life Your decision to buy life insurance is a responsible choice made to protect the future

More information

SunSpectrum Term. (one insured person) Policy number: LI-1234,567-8. Owner: Jim Doe

SunSpectrum Term. (one insured person) Policy number: LI-1234,567-8. Owner: Jim Doe SunSpectrum Term Policy number: LI-1234,567-8 Owner: Jim Doe The following policy wording is provided solely for your convenience and reference. It is incomplete and reflects only some of the general provisions

More information

Why Rent When You Can Own?

Why Rent When You Can Own? An Educational Guide for Individuals Why Rent When You Can Own? A comparison of term and permanent life insurance Insurance Strategies Contents 1 Protect the Ones Who Matter Most to You 2 Owning Permanent

More information

Family Term Sample contract

Family Term Sample contract Family Term contract This sample policy contract is provided for your information only. It is not a valid contract or an offer of insurance. (9/17/2015) Dear Policy Owner, We re pleased to provide you

More information

Hidden Gems & Quick Issue Term (QIT) Pete Roch CFP, RHU Director, Individual Insurance - Western Ontario 1

Hidden Gems & Quick Issue Term (QIT) Pete Roch CFP, RHU Director, Individual Insurance - Western Ontario 1 Hidden Gems & Quick Issue Term (QIT) Pete Roch CFP, RHU Director, Individual Insurance - Western Ontario 1 Important information We've provided written material with this oral presentation to make it easier

More information

Term insurance from Transamerica Life Canada. Every life has a story. CLIENT GUIDE

Term insurance from Transamerica Life Canada. Every life has a story. CLIENT GUIDE Term insurance from Transamerica Life Canada Every life has a story. CLIENT GUIDE Do I need term life insurance? Owning adequate life insurance will help protect your family. In the event of your death,

More information

Advantage Builder II ABOUT AVIVA. Consumer product guide

Advantage Builder II ABOUT AVIVA. Consumer product guide ABOUT AVIVA Aviva Life and Annuity Company is part of Aviva USA, one of the fastest-growing life insurers in the United States, with more than 1,115,000 customers and 32,850 agents and distributors. We

More information

Discover What s Possible

Discover What s Possible Discover What s Possible Guaranteed Term 10-15-20 Guaranteed Term 10 15 20 Life is filled with possibilities As your life unfolds, you will have many dreams and goals. Your financial needs will continue

More information

Individual Joint Life Insurance Product Outline

Individual Joint Life Insurance Product Outline Andrew M. Cuomo Benjamin M. Lawsky Governor Superintendent (including Joint Life First-to-Die Products and Joint Life Survivorship Products) (Last Updated October 29, 2012) Table of Contents I) Scope...

More information

SAMPLE. is equal to the Death Benefit less the Account Value of your policy.

SAMPLE. is equal to the Death Benefit less the Account Value of your policy. DEFINITIONS EquiLife Limited Pay UL (Joint first-to-die) The following are definitions of some of the terms used in your EquiLife Joint First-to-Die policy. If you need additional information or clarification

More information

> The Role of Insurance in Wealth Planning

> The Role of Insurance in Wealth Planning > The Role of Insurance in Wealth Planning Tax-sheltered investing using life insurance A S S A N T E E S T A T E A N D I N S U R A N C E S E R V I C E S I N C. Tax-sheltered investing using life insurance

More information

Whole Life II. Protection They Can Count On. What you ll find inside... Life Insurance

Whole 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 information

What You Should Know About Buying. Life Insurance

What You Should Know About Buying. Life Insurance What You Should Know About Buying Life Insurance Life insurance is the foundation of financial security for you and your family. It protects your financial resources against the uncertainties of life so

More information

Lincoln universal and term life insurance portfolio at-a-glance

Lincoln universal and term life insurance portfolio at-a-glance FOR LIFE Universal and Term Life Insurance Lincoln universal and term life insurance portfolio at-a-glance Product Menu The Lincoln National Life Insurance Company Lincoln Life & Annuity Company of New

More information

Flexible Premium Adjustable Life Insurance Policy Illustration

Flexible 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 information

SunSpectrum Basic Life Insurance Joint first-to-die

SunSpectrum Basic Life Insurance Joint first-to-die SunSpectrum Basic Life Insurance Joint first-to-die Policy number: LI-1234,567-8 Owner: John Doe Mary Doe The following policy wording is provided solely for your convenience and reference. It is incomplete

More information

Purposes of life insurance include providing financial security, funding business continuation and satisfying estate tax requirements among others.

Purposes of life insurance include providing financial security, funding business continuation and satisfying estate tax requirements among others. Life Insurance Frequently Asked Questions What is life insurance? Life insurance is a contract between an insurance company and the insurance policy owner(s). The insurance company pays a cash amount or

More information

Pacific Life Insurance Company. Flex Protector II. An interest sensitive whole life insurance product Client Brochure FXPRO2-1A

Pacific Life Insurance Company. Flex Protector II. An interest sensitive whole life insurance product Client Brochure FXPRO2-1A Pacific Life Insurance Company Flex Protector II An interest sensitive whole life insurance product Client Brochure FXPRO2-1A At Pacific Life, we pride ourselves in providing a steady hand to families

More information

COMMISSION SCHEDULE. Broker Contract Or Contract Addenda: DD714 B-35 DD715 B-35 DD719 B-34 DD727 B-29. January 15, 2012

COMMISSION SCHEDULE. Broker Contract Or Contract Addenda: DD714 B-35 DD715 B-35 DD719 B-34 DD727 B-29. January 15, 2012 COMMISSION SCHEDULE Broker Contract Or Contract Addenda: DD714 B-35 DD715 B-35 DD719 B-34 DD727 B-29 January 15, 2012 This commission schedule ( Commission Schedule ) applies to policies/contracts issued

More information

Why rent when you can own?

Why rent when you can own? An Educational Guide for Individuals Why rent when you can own? A comparison of term and permanent life insurance Insurance Strategies Protecting your loved ones with the right amount and right type of

More information

Life insurance. 20.10 Protection. 20-Year Term, 10-Year Option Term life insurance

Life insurance. 20.10 Protection. 20-Year Term, 10-Year Option Term life insurance Life insurance 20.10 Protection 20-Year Term, 10-Year Option Term life insurance 20.10 Protection Coverage that gives you double the benefits! A unique product, 20.10 Protection is term life insurance

More information

Discover What s Possible

Discover What s Possible Discover What s Possible Whole Life for Business SM Flexible Choice SM Flexible Choice Whole Life for Business Owners Life is filled with possibilities You ve followed your passion, creating a vision for

More information

Discover What s Possible

Discover 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 information

LIFE INSURANCE OVERVIEW

LIFE INSURANCE OVERVIEW LIFE INSURANCE OVERVIEW Most people think of life insurance in terms of death benefit protection. However, today s policies also provide the vehicles for meeting other goals, such as saving for retirement

More information

Term Life Insurance. Flexi-Term Life and Term-100. International Insurance for Individuals

Term Life Insurance. Flexi-Term Life and Term-100. International Insurance for Individuals Term Life Insurance Flexi-Term Life and Term-100 International Insurance for Individuals Sagicor International Flexi-Term Life Insurance A U.S. Dollar International Term Life Insurance Policy Flexi-Term

More information