Product Ratebook Portfolio at a Glance

Transcription

1 Product Ratebook Portfolio at a Glance Permanent Life Whole Life 100; guaranteed premiums payable to age 100. Tobacco Preferred Tobacco Non Tobacco Preferred Non Tobacco Super Preferred NT 0 80 T & NT Preferred & Super Preferred $25,000 Waiver of Premium Payor Guaranteed Ins. Option (GIO) Single Premium Paid Up Addition Rider Children 10 Year Premier 20 Year Premier 10 Year Par 20 Year Par 10 Year Spouse 20 Year Spouse 15 Pay Whole Life premiums payable for 15 None 0 15 direct sale; Ages are available through GIO Election $10,000 or $20,000 only Ages 0-15 GIO Included; Otherwise, None 20 Pay Whole Life premiums payable for 20 $25,000 Portfolio at a Glance Page 1

2 Permanent Life 30 Pay Whole Life premiums payable for T & NT Preferred $25,000 $25,000 Base if adding 10 or 20 Year Par Modified Premium Whole Life premium payable to 100. Premiums are level for 10 years; thereafter, premiums are a higher level amount T & NT Preferred $25,000 Waiver of Premium Guaranteed Ins. Option (GIO) Single Premium Paid Up Addition Rider 10 Year Par 20 Year Par 10 Year Spouse 20 Year Spouse Single Premium Whole Life 100 with a single premium payment T 0-80 NT Preferred $10,000 prem, subj to UW class mins Single Premium Paid Up Addition Rider Paid up participating whole life coverage endowing at age 100 with a single premium payment at issue. Can be sold as a rider on WL/20 Pay WL/30 Pay WL/MPWL policy T 0-80 NT Preferred $1,000 prem, subj to UW class mins Portfolio at a Glance Page 2

3 Term Life 10 Year Premier Term Policy years, increasing thereafter $100,000 Waiver of Premium 20 Year Premier Term Policy years, increasing thereafter $100,000 Waiver of Premium 30 Year Premier Term Policy guaranteed, level for 30 years, increasing thereafter $100,000 Waiver of Premium 10 Year Par Term Policy for 10 years; premiums $100,000 Waiver of Premium 20 Year Par Term Policy for 20 years; premiums $100,000 Waiver of Premium 10 Year Term Premier Rider for 10 years; premiums are Can be sold as a rider for a base insured on WL/20 Pay/30 Pay WL policy $100,000 Base $25,000 Waiver of Premium Portfolio at a Glance Page 3

4 Term Life 20 Year Term Premier Rider for 20 years; premiums are Can be sold as a rider for a base insured on WL/20 Pay/30 Pay WL policy $100,000 Base $25,000 Waiver of Premium 10 Year Par Participating level benefit term insurance for 10 years; premiums are guaranteed, level for 10 Earns dividends after 2nd policy year. Can be sold as a rider for a base insured on WL/20 Pay WL/30 Pay WL/MPWL policy $25,000 Waiver of Premium 20 Year Par Participating Level benefit term insurance for 20 years; premiums are guaranteed, level for 20 Earns dividends after 2nd year. Can be sold as a rider for a base insured on WL/20 Pay WL/30 Pay WL/MPWL policy $25,000 Waiver of Premium 10 Year Spouse for 10 years; premiums are Can be sold as a STR on a WL/20 Pay/30Pay/MPWL policy $25,000 Waiver of Premium Portfolio at a Glance Page 4

5 Term Life 20 Year Spouse Can be sold as a STR on a WL/20 Pay/30Pay/MPWL policy $25,000 Waiver of Premium Children s Term Rider Sold as a rider on WL and term plans; guaranteed permanent insurance at child's age 25. None Insured Child up to 18 $10,000 or $20,000 None Benefits for Permanent & Term Plans Waiver of Premium In case of disability, premium of policy is waived WL & Term Plans (except SPWL & 15 Pay Plans) Guaranteed Insurability Option Allows future purchase of policy without evidence of insurability WL Plans (except SPWL & 15 Pay Plans) Payor Death In case of death of payor, premium of policy is waived Insured 0-14 Payor WL Plans (except SPWL & 15 Pay Plans) Payor Death & Disability In case of death or disability or payor, premium of policy is waived. Insured 0-14 Payor WL Plans (except SPWL & 15 Pay Plans) Accelerated Death Benefit Accelerates the payment of the death benefit during the lifetime of the insured if terminally ill. Any Age Adjustable Premium Life, Term Plans, WL Plans (except 15 Pay Plans) Portfolio at a Glance Page 5

6 Annuities Qualified Pension plans Surrender Charges Issue Ages Qualified Fixed Annuity Traditional IRA Roth IRA SEPP IRA Year 1 5% Year 2 4% Year 3 3% (AR, CO, SC) SIMPLE IRA Year 4 2% Year 5 1% Year % Single Premium Non-Qualified Fixed Annuity None Same as qualified fixed annuity 0-90 Effective June 6, 2016 Portfolio at a Glance Page 6